Carl Koch named Large Corporation Treasurer of the Year

Article Abstract:

Carl Koch is the treasurer of Ameritech Corp., one of the companies created by the breakup of AT & T. Because of his outstanding sense of innovation, combined with his appreciation for work done by his staff and superiors, Cashflow magazine awarded Koch its Large Corporation Treasurer of the Year award. Koch became treasurer of Ameritech in 1983, and has several major accomplishments to his credit, including: the stock redistribution which accompanied the creation of the regional Bell operating companies, a dedicated bond fund set-up worth $2.4 billion, an odd-lot stock tender offer, and the creation of a credit corporation to provide office phone system financing. However, Koch's major success has probably been the creation of his highly efficient staff.

Management, Case studies, Controllership, Koch, Carl, American Information Technologies Corp.

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The challenge of making a job search a full-time job

Article Abstract:

Unemployed executives have a major challenge facing them in their search for new employment: overcoming the view that an unemployed executive is less desirable than one who is currently employed. Executive recruiters are cautious about unemployed professionals, but are willing to work with them, usually after checking with former employers. Another job search strategy is networking; some say 70 percent of the jobs at the executive level are gained by this method. Companies in financial trouble may be eager to interview unemployed professionals because they do not have the means to pursue the most sought after executives. One unemployed executive's job search is described.

Recruiting, Executives, Employment services, Job hunting, Executive recruiting, column

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Insurance captives need management, marketing expertise to be effective

Article Abstract:

With rising insurance rates, the formation of insurance captive, particularly those providing coverage for liquor liability, medical malpractice, and directors' and officers' insurance for banks, has become a popular alternative. Insurance captives run by an association can divide risk retention costs among members and, if the group has a vested interest in preventing losses, will find the reinsurance market more accessible. Effective marketing of insurance products to members and strong management will result in a healthy captive.

Analysis, Economic aspects, Risk management, Associations, institutions, etc., Associations, Reinsurance, Captive insurance companies

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