Shayne Fitz-Coy, CEO of Rustic Pathways

Shayne Fitz-Coy, CEO of Rustic Pathways

Shayne Fitz-Coy is an operator-investor who buys companies and builds people. Fitz-Coy is CEO of Rustic Pathways, the educational travel company founded in 1983 that runs programs in 38 countries and has welcomed students from 57 countries. Sabot Family Companies acquired Rustic Pathways in December 2019, and Fitz-Coy became CEO in January 2020.

Fitz-Coy is Co-founder and Co-CEO of Sabot Family Companies, the long-term holding company he co-founded with Arar Han in 2016. He teaches Introduction to Private Equity at Seoul National University. He holds a B.A. in psychology, cum laude, from Harvard College and an MBA from Stanford Graduate School of Business.

Fitz-Coy combines two traditions seldom held together: the study of human flourishing and the discipline of company building. Influenced by psychologists Jerome I. Berlin, J. Richard Hackman and Tal Ben-Shahar, and by business leaders H. Irving Grousbeck and James C. Van Horne, his work blends emotional intelligence, entrepreneurship and financial rigor into a people-centered approach to building companies that compound for the long term.

Fitz-Coy runs Rustic Pathways on the operating philosophy he calls Capitalism with Love: empowered staff deliver better student outcomes, and transparent safety data earns more parent trust than marketing. His Harvard training in psychology shapes both.

He and his wife, Arar Han, have three children. The family splits time between Palo Alto, California and Seoul, South Korea. Shayne speaks rusty Mandarin Chinese.

During the COVID-19 pandemic Fitz-Coy co-created the Climate Leaders Fellowship with Dr. Alice Siu of the Stanford Deliberative Democracy Lab and John Hsu, engaging students in local climate action.

Rustic Pathways partners with Boston College’s Purpose Development Lab, led by Dr. Belle Liang, whose research on the 4 P’s of Purpose informs how Rustic measures and implements its 10 Student Learning Outcomes. Nine of 10 show measurable improvement, and eight are sustained at the six-month mark.

The Teaching CEO

Fitz-Coy comes from three generations of educators. He writes and speaks as the Teaching CEO, and currently teaches Introduction to Private Equity at Seoul National University in South Korea.

At Rustic Pathways he trains 30 full-time and 300+ seasonal staff on the company’s S·I·T Framework: Safety as the baseline, Impact for community benefit, Transformation for student growth.

Under his leadership, Rustic Pathways maintains a median of one staff member per 4.37 students (4.37:1), with no program exceeding 7 students per staff member (7:1).

“I’ve never stopped being a teacher. I just have a bigger classroom now.”

Shayne Fitz-Coy’s Background

Before Rustic Pathways, Fitz-Coy led the ResponseLink turnaround over 12 years, featured in Entrepreneur Magazine.

He serves on the board of the Rustic Pathways Foundation, a 501(c)(3) that has distributed more than $1.14 million to community projects since 2017, and on the Boston College Board of Regents.

He publishes on youth development, global education and sustainable travel in Forbes, Inc., Fast Company, and Entrepreneur, and has been quoted in several publications.

Connect with Shayne Fitz-Coy

You can follow along with Shayne on the Rustic Pathways blog, see the articles he reviews, or at his own site at shaynefitzcoy.com, where he writes about education, travel and investing.

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