Insurance giant USAA is facing a change in management next year now that long-time CEO Joe Robles Jr. has announced he is entering retirement.
Robles, who served 28 years in the Army, first served on the USAA Board of Directors and joined the company as chief financial officer and controller in 1994. He also served as corporate treasurer and chief administrative officer before taking the helm as CEO and president in 2007.
As Texas Public Radio reported to you last month, San Antonio's downtown building vacancy rate is at 29 percent. Now that USAA has announced plans to locate some of its employees in a building downtown, city leaders hope more will follow.
The insurance company announced that 150 workers will report to One Riverwalk Place on the northeast corner of North St. Mary's and Convent in September. They'll occupy only a few floors of the tower bought by USAA Real Estate Company last year.
District 8 Councilman Ron Nirenberg praised the score for downtown.
The U.S. Chamber of Commerce has bestowed an award on San Antonio-based insurance giant USAA and several other local companies for their strength in hiring veterans.
The third annual Hiring Our Heroes Lee Anderson Veteran and Military Spouse Employment Award recognizes the global insurance company for its proven dedication to recruiting and helping to transition veterans and exiting military service members.
The award also honors the company for hiring spouses of military members.