People’s Trust Insurance CEO George W. Schaeffer Honored with FAU Business Leader of the Year Award

on May 21, 2024
FAU honored George W Schaeffer with Business Leader of the Year Award

Daniel Gropper, Ph.D., dean of FAU’s College of Business (L), FAU President Stacy Volnick (C), and George W. Schaeffer, president and CEO of People’s Trust Insurance (R)

DEERFIELD BEACH, FL – May 21, 2024 – People’s Trust Insurance is thrilled to announce that its CEO, George W. Schaeffer, has been recognized as the Business Leader of the Year by Florida Atlantic University’s College of Business. The prestigious award was presented at the 30th annual “Business Leader of the Year” breakfast held at the Boca West Country Club on Tuesday, May 21.

George W. Schaeffer is renowned for his entrepreneurial spirit and remarkable business achievements. He founded OPI Products in 1981, and he transformed the beauty care company into a global market leader.

Following the success of OPI, Schaeffer ventured into the professional hair care industry by acquiring the renowned brand Aloxxi. His leadership and strategic vision have also led him to assume the role of President and CEO of People’s Trust Insurance, an innovative Florida-based homeowners insurance company headquartered in the Research Park at Florida Atlantic in Deerfield Beach, FL.

Born in Hungary to Holocaust survivors, Schaeffer immigrated to the United States in 1956. He has been a pillar of the business community, demonstrating resilience, determination, and a commitment to excellence throughout his career.

“We are incredibly proud of George Schaeffer’s accomplishments and the impact he has made in the business world,” said Amy Rosen, Chief Marketing Officer at People’s Trust Insurance. “His leadership and dedication to innovation have been instrumental in driving our company’s success. This recognition from FAU is a testament to his remarkable achievements and contributions to a variety of industries.”

The FAU Business Leader of the Year award has been honoring exceptional leaders since 1991, celebrating their leadership, knowledge, innovation, and social responsibility. George W. Schaeffer joins an esteemed list of honorees who have made significant contributions to Florida’s business landscape.

About People’s Trust Insurance
Founded in 2008, People’s Trust Insurance is a leading home insurance provider in Florida, committed to offering affordable rates and comprehensive coverage to homeowners across the state. With a focus on innovation and customer service, People’s Trust Insurance remains a trusted partner for Floridians in times of need.

About FAU College of Business

FAU’s College of Business is pursuing excellence in education for the South Florida community and is among the top 20 largest AACSB-accredited business schools in the country with more than 8,400 students enrolled. Its fundamental mission is to help create opportunities for students and the community through first-rate educational programs. The college has multiple programs ranked among the best by U.S. News & World Report, Fortune, Princeton Review, and Entrepreneur magazine. The college’s non-degree executive education programs are ranked No. 2 in the U.S. and in the top 30 worldwide by the Financial Times.


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