Lehman 2nd Annual Conference
Speaker Bios

Michael L. Albanese
Group Vice President, Life/Health Division, A.M. Best Co.

Michael L. Albanese is a group vice president for A.M. Best Co., an independent organization known worldwide as the leading provider of insurance information. Albanese joined A.M. Best as a financial analyst as part of its life/health ratings division in 1986. In his current capacity, he manages Best's global financial services rating division and is responsible for the expansion of Best's rating evaluation services in the United States, Europe, Bermuda, and Japan. He has also been responsible for building Best's presence in capital markets around the world through the initiation of ratings on debt securities and structured finance vehicles. In connection with his activities, he is actively involved in Best's rating process for some of the world's largest insurance companies, reinsurers and financial institutions. In addition to managing A.M. Best's global financial services rating division, Albanese also oversees the organization's corporate business development initiatives including the refinement of Best's analytical models, establishing rating criteria, and managing a number of the organization's corporate communications initiatives. He is a contributing editor to various A.M. Best company publications, and has written articles for external publications. He has also presented and prepared testimony for U.S. congressional subcommittees on several insurance-industry-related issues. Albanese holds a bachelor of arts degree in economics from Boston University and a masters degree in business administration from Fairleigh Dickinson University.

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Daniel P. Amos
President and Chief Executive Officer, AFLAC Inc.

Daniel P. Amos is president and chief executive officer of Aflac Inc. Amos joined Aflac in 1973, and worked in the sales area for 10 years. He was named president of Aflac in 1983; chief operating officer in 1987; and chief executive officer in 1990. Amos serves as a member of the Consumer Affairs Advisory Committee of the Securities and Exchange Commission. He is also a director of The CIT Group Inc., Georgia Power and is a member of the board of trustees of Children's Healthcare of Atlanta, formerly Egleston/Scottish Rite Children's Health System. He is the former chairman of the board of The Japan America Society of Georgia and former chairman of the University of Georgia Foundation. Amos holds a degree from the University of Georgia in risk management and insurance.

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Nicholas Brown
President & Chief Executive Officer, XL America

Nicholas M. Brown Jr. joined XL and became executive vice president of XL Capital Ltd. and president and chief executive officer of XL America, Inc. upon the June 1999 merger of XL and NAC Reinsurance Corp. Brown continued in his role as president and chief executive officer of NAC Reinsurance Corp. until July 2000 when he was named chief executive officer of XL Global, XL's worldwide insurance operations. Prior to joining NAC Re in 1996, Brown served as executive vice president and chief operating officer of St. Paul Fire and Marine Insurance Co. Before St. Paul, he spent more than 17 years at Aetna where he held senior management positions in national accounts, select accounts and corporate planning. Brown has a B.A. degree summa cum laude in mathematics from the University of Delaware, an M.A. degree in economics from Trinity College and is a Fellow of the Casualty Actuarial Society. He has served on numerous boards of directors and currently is chairman of the board of Cybersettle.com.

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Harold Chandler
Chief Executive Officer, UnumProvident Corp.

J. Harold Chandler is chairman, president and chief executive officer of UnumProvident Corp. He joined Provident in November 1993 after 21 years with NationsBank Corp. and its predecessor, The Citizens & Southern Corp. Immediately before joining Provident, he was president of NationsBank's Mid-Atlantic Banking Group, encompassing the District of Columbia, Maryland and Northern Virginia. Chandler serves on the boards of UnumProvident, AmSouth Bancorporation, Herman Miller Inc., and several educational, civic, and industry organizations including the National Organization on Disability.

Chandler is a 1971 Phi Beta Kappa graduate of Wofford College. He earned an M.B.A. degree at the University of South Carolina and completed Harvard's Advanced Management Program.

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Dennis Glass
Chief Financial Officer, Jefferson Pilot Financial

Dennis Glass is president - financial operations and chief financial officer of Jefferson Pilot Financial. He joined Jefferson-Pilot Corp. in October 1993. Glass is responsible for all investment department, customer service and information technology operations, and directs the merger and acquisition activity, capital raising, treasury and financial accounting. Prior to his current duties, Glass was executive vice president - annuity and investment products, chief financial officer. His responsibilities included directing the marketing, distribution and product development for Jefferson Pilot's fixed and variable annuity business. Glass was a well-known and respected executive with two major companies prior to joining Jefferson-Pilot where he served in operating and financial positions. Glass is a director of Jefferson-Pilot Life Insurance Co., Jefferson Pilot Financial Insurance Co., Jefferson-Pilot Communications Co. and First Alexander Hamilton Life Insurance Co. Glass also is on the board of Greensboro Center City Corp. and Wachovia Bank of North Carolina. In addition, he is chairman of the board of Greensboro Day School. Glass earned a B.A. degree in 1971 and an M.B.A. degree in 1973 from the University of Wisconsin.

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Mark Grier
The Prudential Insurance Company of America

Mark B. Grier is executive vice president of The Prudential Insurance Company of America. Grier is responsible for the financial management organization at Prudential. Government affairs and demutualization (formerly part of the corporate governance area) also report to him. Grier joined Prudential as chief financial officer in May, 1995. Previously, he was co-head of Chase global markets and an executive vice president of The Chase Manhattan Bank N.A. Grier began his career at Lincoln First Bank N.A., a forerunner of Chase Lincoln First Bank N.A., in 1978 as an economic analyst, and was subsequently promoted to economic coordinator and bank economist. Grier was named an assistant vice president in February, 1980, and a vice president later that year. In 1981, he assumed the position of economic and financial policy manager. The following year, he was named treasurer of the bank and its parent company, Lincoln First Banks Inc. In 1983, he was appointed a senior vice president of Lincoln First Bank N. A. He continued in those positions after Lincoln First was acquired by The Chase Manhattan Corp. in July 1984. Grier was named executive vice president of The Chase Manhattan Bank N.A., in 1985, where he was responsible for the business policy, asset management and financial control and analysis divisions. In 1987, he was named individual banking financial management executive for the company's retail banking businesses. Later that same year, he was named global risk management executive. Grier assumed his responsibilities as co-head of Chase global markets and executive vice president in 1994. Grier has a B.A. degree and an M.A. degree in economics from Eastern Illinois University, and an M.B.A. degree in finance and corporate accounting from The University of Rochester.

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William F. Healy
Managing Director, Client Preservation & Marketing

William F. Healy has been with Client Preservation since 1998. His primary responsibilities at the company include product development and new business development. Before joining Client Preservation, Healy was president of the life insurance companies of American International Group in the United States and later was president of the life lnsurance companies of the Whitehall Group. His background includes the introduction and marketing of fixed and variable annuities through multiple distribution channels. He was an annuity and life consultant for Aurora National Life Assurance Co., which purchased the obligations of the former Executive Life Insurance Company of California.

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Donald Kramer
Vice Chairman, ACE Limited

Donald Kramer is vice chairman of Ace Ltd. He joined the company as vice chairman following its acquisition of Tempest Reinsurance Co. Ltd. He joined Tempest Re in September 1993 and was president and chief executive officer until May 1999. Prior to joining Ace, Kramer was the founder and chairman of the board of NAC Re Corp, president and chief financial officer of Kramer Capital Corp., president of Carteret Federal Savings Bank and chairman and chief financial officer of KCP Holdings and National American Insurance Co. of California. Kramer is a director of Capital Re Corp, National Benefit Life Insurance Company of New York City (a Citigroup subsidiary) and CGA Corp., a financial guarantee insurer. Kramer holds the Chartered Financial Analyst designation together with a M.B.A. degree in finance and investments from New York University and a bachelor of arts degree in economics. He has an honorary doctorate degree in humane letters from Brooklyn College.

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Jack B. Lay
Executive Vice President and Chief Financial Officer, Reinsurance Group of America, Inc.

Jack B. Lay is executive vice president and chief financial officer for Reinsurance Group of America, Inc. (RGA). He is responsible for the company's financial reporting function, including reporting to the Securities and Exchange Commission, other regulatory bodies, and the investment community. That financial function includes domestic as well as international operations of RGA, and encompasses reporting of historical results, the financial management information systems, and intermediate and long-term planning. Prior to assuming the chief financial officer role at RGA, Lay served in a financial role with General American Life Insurance Co. for three years. In that capacity, he was involved in General American's mergers and acquisitions activities along with the public offering of shares of two General American subsidiaries. He is a certified public accountant, and served as a partner within the audit division of KPMG Peat Marwick's St. Louis office.

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Mike Masterson
President & Chief Executive Officer, Midland National Life Insurance Co.

Michael M. Masterson has been chairman, president and chief executive officer of Midland National Life Insurance Co. since 1999. From 1996 to 1998 he held the positions of president and chief executive officer and he was executive vice president-marketing from 1995 to 1996. Prior to Midland National Life, Masterson was with Northwestern National Life, serving as district manager from 1973 to 1979, branch/regional manager from 1979 to 1985 and divisional vice president from 1985 to 1987. From 1987 to 1995 he simultaneously served as president, vice-chairman and chief executive officer of Washington Square Securities and president of Northwestern National Life Sales Co.. Previously, Masterson held the position of production supervisor at Travelers from 1972 to 1973. From 1969 to 1972 he was with Connecticut General as an agent/management trainee. Masterson's past community interests include serving on the board of the Minnesota Chamber of Commerce Business Services and as an advisory board member of Norwest Bank, South Dakota. He has been chairman of the Limra PPGA committee and the Limra executive committee. He currently serves on the boards of the Sioux Empire United Way, Limra International and the Sioux Falls Chamber of Commerce. Masterson received his B.A degree from the University of Minnesota in 1969. He participated in the University of Minnesota Executive Program in 1990, the Harvard Executive Program for Competitive Strategies in 1990 and is a 1993 Graduate of the LIMRA Leadership Institute. He received his designations of Chartered Life Underwriter in 1973, Chartered Financial Consultant in 1982 and LIMRA Leadership Institute Fellow in 1993.

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Drayton Nabers, Jr.
Chairman & Chief Executive Officer, Protective Life Corp.

Drayton Nabers, Jr. is the chairman and chief executive officer of Protective Life Corp. and is immediate past chairman of the American Council of Life Insurance. After his clerkship for Justice Hugo Black of the United States Supreme Court, Nabers joined the law firm of Cabaniss, Johnston, Gardner, Dumas and O'Neal. He joined Protective Life Corp. in 1979 and became chief executive officer in 1992. Nabers serves on the corporate boards of Energen Corp., Alabama National BanCorp. and National Bank of Commerce. He is a member of the board of trustees of Berry College and Southern Research Institute and a member of the Alabama Academy of Honor. Nabers graduated from Princeton University in 1962 and earned his law degree from Yale School of Law in 1965.

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Stewart G. Nagler
Vice Chairman of the Board & Chief Financial Officer, Metropolitan Life Insurance Co.

Stewart G. Nagler is vice chairman of the board and chief financial officer of Metropolitan Life Insurance Co. Nagler has responsibility for financial management, corporate planning, international operations and MetLife Auto and Home. Nagler joined MetLife in 1963 as an assistant actuarial analyst and became an officer of the company in 1969. In 1978 he was appointed senior vice president and head of the company's pensions department. In 1983 he was promoted to executive vice president and in 1986 to senior executive vice president. In 1993 he became MetLife's chief financial officer. Nagler is a fellow of the Society of Actuaries and a past chairman of its pension committee. He is also a member of the American Academy of Actuaries and a past board member. Nagler is chairman of the board of the Life Insurance Council of New York (LICONY) as well as chairman of the board of Polytechnic University of New York. He is also a trustee of Barnard College and the Boys and Girls Club of America. Nagler received his bachelor's degree in mathematics, summa cum laude, from Polytechnic University in New York.

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Peter Nakada
Vice President Business Development, ERisk

Peter Nakada serves as ERisk's vice president of business development, and is responsible for identifying and developing new ERisk products and services, as well as developing and managing ERisk's strategic alliances. Nakada has extensive experience in risk management, both as a practitioner and a consultant. As a director in Oliver, Wyman & Co.'s (OWC) Risk Management practice, he developed strategies and methodologies for helping banks to link risk, capital, and shareholder value. His clientele included banks in North America, Europe, and the emerging markets. He also spearheaded OWC's expansion into the property/casualty insurance industry through a product called "P&C RAROC." Prior to this, he was a consultant with First Manhattan Consulting Group, advising financial institutions on asset/liability management issues. Nakado also practiced risk management as a portfolio manager at Prudential Insurance Co. There he was responsible for strategic asset allocation and asset/liability management for a $40 billion fixed income portfolio. Nadado has an A.B. degree from Harvard College in engineering sciences, an M.S. degree from Stanford University in engineering management, and is a Chartered Financial Analyst.

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John F. O'Brien
President & Chief Executive Officer, Allmerica Financial Corp.

John F. O'Brien is president and chief executive officer of Allmerica Financial Corp. O'Brien has served as president, chief executive officer and a member of the board of Allmerica Financial since 1989. He also is a director and chairman of the board, chief executive officer, or president of a number of the Allmerica subsidiary companies. Previously, O'Brien worked for 21 years at Fidelity Investments. He began as a security analyst, held a variety of leadership positions in the subsidiaries of the company and eventually became the group managing director of FMR Corp., the number two position at Fidelity. In addition, he serves as a member of the board of directors of Abiomed Inc. Cabot Corp., and The TJX Cos. Inc. A 1965 graduate of Harvard College, O'Brien was presented with the Francis Hardon Burr Award as the outstanding senior scholar athlete. He received his M.B.A. degree from the Harvard Graduate School of Business Administration in 1968. O'Brien is also a recipient of the 1998 Ellis Island Medal of Honor award, as well as the 1998 and 1999 Wall Street 50 award.

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Jeffrey Oster
President, Client Preservation & Marketing

Jeffrey A. Oster is president of Client Preservation and Marketing Inc. Oster has been involved in the insurance and brokerage industry for more than 14 years. As a senior vice president-investments with Prudential Securities, he ranked in the top 10 nationally in the firm in personal annuity and insurance production, and led his branch to the number one position in the nation in annuity sales from 1996 to 1997. He was named "Salesman of the Year" six straight years at Independent Advantage Financial, one of the nation's largest independent insurance marketing agencies, directing sales of over $70 million annually with major insurance companies via a direct response and telemarketing methodology.

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Mark Phelan
Nationwide Financial Services, Inc.

Mark D. Phelan is senior vice president technology and operations for Nationwide Financial (NF). NF is the publicly held company of Nationwide, a $115 billion, Fortune 500 international insurance and financial services organization, based in Columbus, Ohio. Phelan was previously chief technology officer of Nationwide, and president of Nationwide Services Co. in 1999. Phelan joined Nationwide in 1998 as senior vice president-technology services. His previous management experience includes five years (1977-1982) with the data processing division's sales group at IBM Corp. From 1982 through 1990, Phelan served as director of AT&T's consumer communications services group, and he was subsequently promoted to sales vice president for the Eastern region of the business communications services division. In 1992, he became executive vice president-sales and marketing for Checkfree Corp., a position he held for five years. From 1997 until 1998, he was in private consulting. Phelan holds a bachelor's degree in English literature and education from Manhattan College, and an M.B.A. degree in marketing from Fordham University.

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Robert Rosenkranz
Chairman & President, Delphi Financial Group, Inc.

Robert Rosenkranz is the chairman of Delphi Financial Group, a New York Stock Exchange listed insurance holding company with assets of more than $3 billion. Delphi is an integrated employee benefits company whose principal subsidiaries are Reliance Standard Life Insurance Co., Safety National Casualty Co., and Matrix Absence Management. Delphi has been among the most profitable insurance companies in the United States as a percentage of assets and capital. Prior to Delphi, Rosenkranz was a tax lawyer with the New York law firm of Cahill, Gordon & Reindel and an economist with The Rand Corp., where he was engaged in research on foreign policy issues and municipal finance. In 1969, he joined Oppenheimer & Co. where he was a general partner when he left to form Rosenkranz & Co. in 1978. Rosenkranz serves on the boards of New York University Law School, and The Manhattan Institute, a think tank involved in research on public policy issues, and is a member of the Council on Foreign Relations. In 1985 he established The Rosenkranz Foundation which has endowed the Rosenkranz Writer in Residence Program at Yale and supports public policy research and various cultural programs in the United States. He also serves on the boards of the Lincoln Center Theater and the Lincoln Center Film Society. Rosenkranz is a graduate of Yale University receiving his A.B. degree summa cum laude in 1962. He graduated from the Harvard Law School with a doctor of jurisprudence degree.

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Roger Sellek
Commercial Director, Lloyd's

Roger Sellek is commercial director of Lloyd's. In December 2000 he was promoted into his current role as commercial director with responsibility for Lloyd's strategic business relationships including those with market firms, capital providers and investors, rating agencies, business analysts, and the insurers of Lloyd's Central Fund. Sellek joined the Corporation of Lloyd's in 1996 and in the following year became head of commercial policy and subsequently managing director of Lloyd's market risk unit with responsibilities including the development of Lloyd's risk- based-capital system and its application to all capital providers, and the identification and analysis of systemic risks to the market. On completion of his M.B.A. degree, Sellek entered the insurance industry as a consultant, and his involvement with Lloyd's began in 1995 when he was seconded to the Equitas Project where he assumed management responsibility for the analysis of all non-APH liabilities which represented more than half of the Equitas reinsurance premium. Sellek graduated from the University of Exeter with a B.Sc. degree in 1978 and a Ph.D. degree three years later. Between 1981 and 1992 he conducted post-doctoral research at the University of Cambridge and worked in a number of academic positions both in the United Kingdom and overseas. During this period he also spent a year and a half as the national squash coach for Thailand. In 1992 he undertook an M.B.A. degree in strategic management at the University of London.

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Eric Simpson
Senior Vice President, Property/Casualty Division, A.M. Best Co.

Eric M. Simpson is senior vice president of the property/casualty division of the A.M. Best Co., an independent insurance information and rating service most widely recognized for its Best's Ratings of domestic and international insurance companies. Simpson's department, comprised of 50 professional analysts, actively monitors, evaluates and publishes financial strength ratings for 3,200 domestic property/casualty insurance companies and 125 global captive insurers. In addition, he researches, writes, and directs articles that are published in Best's publications and industry publications. Simpson joined A.M. Best in 1991 and has held the positions of assistant vice president and vice president. He was elected to Best's board of directors and appointed senior vice president in 1997. Prior to A.M. Best, Simpson worked for Crum and Forster Corp. as an assistant vice president, responsible for GAAP and Statutory financial analysis, and merger and acquisition project work. Prior to that, he was an audit manager with KPMG Peat Marwick in Philadelphia, where he specialized in auditing property/casualty insurance companies. Simpson graduated from Bucknell University in 1982 with a B.A. degree in accounting. He also is a CPA and a member of the AICPA and the Pennsylvania Institute of Certified Public Accountants.

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Lorry Stensrud
Vice President & Chief Executive Officer of Annuities, Lincoln Financial Group

Lorry J. Stensrud is executive vice president and chief executive officer-annuities for The Lincoln National Life Insurance Co. Stensrud joined The Lincoln National Life Insurance Co. in June 2000 as executive vice president and chief executive officer of annuities. Lincoln National Life Insurance Co. is a part of Lincoln Financial Group, the marketing name for Lincoln National Corp. Stensrud is responsible for overall management of product development, sales support and customer service operations for both individual and employer-sponsored annuities. He also serves as president of Lincoln Life & Annuity Company of New York and on the board of AnnuityNet and the Lincoln Financial Group Foundation, the corporation's charitable giving organization. Most recently Stensrud was president and chief executive officer of the Cova Financial Services Life Insurance Co., having served in that role since the Cova companies were acquired in 1995 by General American from Xerox. He joined Xerox Life in 1985 as part of the start-up team and advanced to the role of executive vice president for sales and marketing. Before 1985, Stensrud was an independent consultant arranging and implementing joint ventures between insurance companies and marketing groups. He got his start in the industry through the management training program at Connecticut General Life Insurance Co. where he worked for five years. He later joined Dain Bosworth as a wholesaler and went on to become president of IFG Consultants, a division of the Interregional Financial Group in Minneapolis. Stensrud has a bachelor of science degree in economics from North Dakota State University.

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Ron Timpe
Chairman, President & Chief Executive Officer, StanCorp Financial Group, Inc.

Ronald E. Timpe is chairman, president and chief executive officer of StanCorp Financial Group Inc., a holding company for The Standard Insurance Co. in Portland, Oregon. Timpe joined The Standard as an assistant actuary in 1968. He has been president of the company since 1993, following service as assistant vice president and actuary, individual insurance; vice president, group pensions; and senior vice president, group insurance and corporate financial services. During his tenure as president, the company has grown from assets of $2.7 billion to more than $6.86 billion. Timpe is general campaign chair of the 2001 United Way of the Columbia-Willamette Campaign, and also serves as a director for the American Council of Life Insurance, the Oregon Business Council, Oregon Health Sciences Foundation, and the Oregon Independent College Foundation. A graduate of Lewis & Clark College, Timpe is a Fellow in the Society of Actuaries, a Chartered Life Underwriter and a graduate of the Harvard Business School's Advanced Management Program.

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Stan Tulin
Vice Chairman and Chief Financial Officer, AXA Financial

Stanley B. Tulin is vice chairman and chief financial officer of Axa Financial. Tulin is also executive vice president of Axa Group and a member of the group's executive committee, with responsibility for group financial communication, relations with rating agencies and consolidated risk assessment. In addition, Tulin is vice chairman, chief financial officer and a director of The Equitable Life Assurance Society, and a director of Alliance Capital Management. Tulin joined Equitable in 1996 as senior executive vice president and chief financial officer. In May 1997 he became executive vice president and chief financial officer of Axa Financial, and in February 1998 was named vice chairman and a director of Equitable, while continuing to hold the duties of chief financial officer. Prior to joining Equitable, Tulin was co-chairman of Coopers & Lybrand's insurance industry practice, with broad responsibilities for services delivered to the life insurance industry, both domestically and internationally, including audit, tax, actuarial, management and systems consulting. Before joining Coopers & Lybrand, Tulin was with Milliman & Robertson for 17 years, where he developed a large actuarial and strategic planning group that addressed a broad range of industry issues, particularly mergers and acquisitions. Tulin is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Among other community activities, he is a board member and treasurer of the Jewish Theological Seminary; board member of the Brandeis University Graduate School of International Economics and Finance; board member of the New York City Opera; and a founder of the U.S. Holocaust Museum Wiesenthal Center.

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Thomas R. Watjen
Executive Vice President, Finance and Risk Management, UnumProvident Corp.

Thomas R. Watjen is executive vice president, finance and risk management for UnumProvident Corp. Watjen is responsible for UnumProvident's financial, corporate communications, corporate development, customer care (claims), investment, information technology, and underwriting operations. Watjen joined Provident in July 1994 as executive vice president and chief financial officer. In March 1997, he was named vice chairman and director of Provident Companies, Inc. In June 1999 he was named executive vice president, finance and risk management of the UnumProvident Corp., the entity that resulted from the merger of Provident Companies Inc. and Unum Corp.. Prior to joining Provident, Watjen was a managing director at the investment banking firm of Morgan Stanley and Co. He also worked as a partner with Conning & Co. and in the corporate finance areas of Aetna Life and Casualty. Watjen received his B.S. degree in economics from Virginia Military Institute in 1976 and his M.B.A. degree from Darden School at the University of Virginia in 1981.

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Stephen Way
Chairman & Chief Executive Officer, HCC Insurance Holdings

Stephen Lyndon Way has chairman and chief executive officer of HCC Insurance Holdings, Inc. since 1974 when he founded the company. From 1970 to 1974 Way was an insurance broker with Stewart Smith Inc., New York. From 1969 to 1970, he was a Lloyd's insurance broker with Bradstock Blunt & Crawley Ltd., London, England. From 1968 to 1969 Way was a Lloyd's insurance broker with Stewart Smith Ltd., London, England and from 1964 to 1968 he was a Lloyd's insurance broker with Willis Faber & Dumas Ltd., London, England. Way is a director for Fresh Del Monte Produce.

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Gary Wendt
Chairman & Chief Executive Officer, Conseco, Inc.

Gary C. Wendt was named chairman and chief executive officer of Conseco in June 2000. Wendt is the former president, chairman and chief executive officer of GE Capital Services. GE Capital, a wholly owned subsidiary of General Electric Co., is a diversified financial services company whose activities include equipment management, mid-market financing, specialized financing, specialty insurance and consumer services. He joined what was then GE Credit as manager of real estate financing in 1975. He assumed positions of increasing responsibility and in 1984 was appointed president and chief operating officer, and in 1986 chairman and chief executive officer. During Wendt's 15-year tenure as GE Capital's leader, the company became General Electric's largest business activity (40% of GE's revenues and income). Sales and net income increased in excess of 17% annually to reach $48 billion and $3.8 billion, respectively, in 1998. Wendt is a director of Sanchez Computer Associates, eXL Inc. and iXL Enterprises, Europe@Web, and as an advisory director of Internet Capital Group. Wendt is a member of the National Board of Governors of the Boys & Girls Clubs of America; chairman of the 21st Century Challenge for the New York Metropolitan Region; trustee of the Boys and Girls Club of Stamford (Connecticut); board member and past chairman of the United Way of Tri-State and the Stamford United Way campaigns; past director and chairman of the Regional Plan Association; past director and chairman of the Southwestern Area Commerce & Industry Association of Connecticut (SACIA); and past trustee of Outward Bound USA. Wendt received the 1997 Boys Club of New York Harriman Award; the 1996 Outward Bound Corporate Award; the 1996 Heart of Gold Society Award; the Boys & Girls Clubs of America 1994 Herbert Hoover Humanitarian Award; the 1993 National Ethnic Coalition Organization's Ellis Island Medal; the 1993 SACIA Walter H. Wheeler Jr. Business Leadership Award; the 1990 Distinguished Service Citation from the College of Engineering at the University of Wisconsin-Madison; the 1990 national Conference of Christians and Jews National Human Relations Award; the 1990 Outward Bound Corporate Leadership Award; the SACIA 1990 Excalibur Award for Leadership; and the 1990 Regional Plan Association Leadership Award. Wendt is a graduate of the University of Wisconsin, receiving his bachelor of science degree in 1965, and his master degree of business administration in 1967 from the Harvard Graduate School of Business Administration.

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Tom Wilson
Chairman of the Board and President, Allstate Life Insurance Co.

Thomas J. Wilson is the president of Allstate Financial, senior vice president of Allstate Corp. and a member of Allstate's senior management team. Wilson also heads up Allstate Financial, which comprises the group of Allstate businesses providing life insurance and annuity products, savings, banking, investment advisory and brokerage services under the umbrella of The Allstate Corp., parent of Allstate Insurance Co. Wilson joined Allstate from Sears, Roebuck & Co., where he was vice president of strategy and analysis. He was responsible for strategic planning, financial planning and analysis, and special projects for the corporation. Prior to Sears, Wilson was managing director of mergers and acquisitions at Dean Witter Reynolds from 1986 to 1993. He has also held various financial positions at Amoco Corp., where he worked from 1980 to 1986. Wilson is a board member of Rush Presbyterian-St. Luke's Medical Center, Steppenwolf Theatre Co. and Francis W. Parker School. He is a member of the Young Presidents Organization. In 1998, Wilson was one of nine chief financial officers chosen for CFO Magazine's Excellence Award. Wilson holds a master of management degree from Northwestern University's J.L. Kellogg Graduate School of Management and a bachelor of science degree in business administration from the University of Michigan.

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Greig Woodring
President & Chief Executive Officer, Reinsurance Group of America, Inc.

A. Greig Woodring is president, chief executive officer and a director of Reinsurance Group of America, Inc. (RGA). Prior to becoming president of RGA, Woodring served as executive vice president of General American, in charge of all reinsurance business. He joined General American in 1979 as an actuary and has held a series of progressively more responsible positions since then. He has headed General American's reinsurance business since 1986. Prior to joining General American, Woodring was an actuary at United Insurance Co. in Chicago. Woodring also serves as a director and officer of certain of RGA's subsidiaries. Woodring is a Fellow, Society of Actuaries and Member of the American Academy of Actuaries. He has a B.S. degree in math from the University of Michigan, an M.S. degree in mathematics from the University of Illinois and an M.B.A. degree from Washington University in St. Louis.

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David Zwiener
Executive Vice President & Chief Financial Officer, Hartford Financial Services Group, Inc.

David K. Zwiener is president and chief financial officer of The Hartford's property and casualty operations and executive vice president and chief financial officer of The Hartford Financial Services Group Inc. Zwiener joined the company in July 1995 and was elected to The Hartford's board of directors in May 1997. Prior to joining The Hartford, Zwiener served for two years as chief financial officer and executive vice president of ITT Financial in St. Louis. While there, he was responsible for all finance and systems operations, and played a key role in the sale of ITT Financial during 1994 and 1995. Before joining ITT Financial, Zwiener spent six years at Heller International Corp., the commercial finance subsidiary of Fuji Bank, Ltd., first as senior vice president and treasurer and later, as executive vice president of capital markets. From 1984 through 1987, he was assistant treasurer of international operations for Kimberly Clark. Zwiener holds a master's of business administration degree in finance and marketing from Northwestern University and a bachelor's degree from Duke University.

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