Steve Abernethy

Member Board of Directors, USA Track & Field Foundation
San Francisco, California,United States
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Who Is Steve Abernethy?

Total Experience51 years
CompanyUSA Track & Field Foundation
CountryUnited States

Steve Abernethy is a seasoned entrepreneur and business leader, best known as the co-founder and former CEO of SquareTrade, a company that revolutionized the consumer protection plan industry. He led SquareTrade from its inception in 1999, transforming it from a small startup into a leading global provider of protection plans for electronics and appliances, trusted by millions of customers. Under his leadership, SquareTrade was recognized for its innovative technology, customer-centric approach, and rapid growth, ultimately leading to its acquisition by Allstate in 2017 for approximately $1.4 billion. Abernethy is noted for his expertise in building scalable consumer businesses, fostering strong company cultures, and driving innovation in challenging markets. Prior to SquareTrade, he gained experience in consulting and technology sectors.

How Did Steve Abernethy's Career Path Shape Their Journey?

Steve Abernethy's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

USA Track & Field Foundation - Member Board of Directors(2025 to Present)
BharCap Partners - Strategic Advisory Board(2022 to Present)
Cal Poly College of Architecture & Environmental Design - Member of Dean's Leadership Council(2019 to Present)
AutoFi - Member Board Of Directors(2017 to Present)
iLendingDIRECT - Member Board Of Directors(2021 to 2025)
Triparound - Member Board Of Directors(2019 to 2021)
Architectural Engineering at California Polytechnic State University - Advisory Council Member(2017 to 2020)
SquareTrade - Executive Chairman(2014 to 2017)
McKinsey - Engagement Manager(1996 to 1999)
Arup - Structural Engineer(1990 to 1994)

What Are Steve Abernethy's Key Achievements?

Co-founded and Scaled SquareTrade to Market Leadership

Co-founded SquareTrade in 1999 and served as CEO, growing the company from a startup to a globally recognized leader in consumer protection plans, serving millions of customers and partnering with major retailers.

Led Successful Acquisition by Allstate

Successfully navigated SquareTrade through its acquisition by Allstate for approximately $1.4 billion in 2017, marking a significant exit and validation of the company's business model and market value.

Innovated in the Consumer Warranty Industry

Pioneered a technology-driven, customer-focused approach to protection plans, offering simpler, faster, and more reliable services compared to traditional warranty providers, significantly enhancing customer satisfaction and trust.

Built a Strong, Award-Winning Company Culture

Fostered a positive and high-performing work environment at SquareTrade, which received accolades as a great place to work, contributing to employee retention and company success.

Recognized Business Leader and Entrepreneur

Acknowledged as an influential figure in the tech and consumer services space, often speaking on topics of entrepreneurship, customer service, and building disruptive businesses.

What's Steve Abernethy's Educational Background?

MBA, General Management

Harvard Business School - Year 1994

BS, Architectural Engineering

Cal Poly San Luis Obispo - Year 1984

Degree Program

Richmond American University London

Buying Intent Signals for Steve Abernethy

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Company Overview

USA Track & Field Foundation
Total employees5
HeadquartersPittsburgh
Founded2002

The USA Track & Field Foundation is a non-profit organization that supports emerging elite track and field athletes, youth programs, and distance running. It provides grants and resources to help American athletes achieve their full potential on the international stage and to promote the sport at all levels within the United States. The Foundation aims to foster a culture of excellence and participation in track and field.

USA Track & Field Foundation Funding Information
Unknown - Total Funding Raised
Not applicable - Most recent funding amount
Not applicable - Number of funding rounds
Not applicable - Latest funding round
Lead Investors:
The Foundation is a non-profit 501(c)(3) organization and relies on donations from individuals, corporations, and other foundations rather than traditional investors. Key supporters include philanthropic individuals and corporate partners passionate about track and field.

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