Sad to report.
He died on December 23rd after being caught in an avalanche while skiing in the French resort area of Val d’Isere, according to Edwin McGuinn, a former Lehman colleague. A resident of Summit, New Jersey, Schiffer had a vacation home outside Grenoble and was there on a ski vacation with some of his children, McGuinn said.
He was buried in snow for 15 minutes and died in route to a hospital in Grenoble, McGuinn said. Schiffer’s children and their ski guide survived.
Hit the link below to access the complete Bloomberg article: