AdminServer Founders Name New Executive Team to Support Company's Continued Rapid Growth.CHESTER, Pa. -- The founders of AdminServer, Inc. are pleased to announce the appointment of a new management team of seasoned industry executives to lead the company through its continued rapid growth. The founders who successfully led the company through eight years of impressive growth and much industry recognition, Chris Doggett, Robert Hamill and Christopher Prabhu, decided to establish this new executive team to take the company through its next stage of growth and position AdminServer for even greater success and significantly increased market share. The founders remain an integral part of the day-to-day operation, with the change affording them the opportunity to focus on driving the company vision and spending more of their time interfacing directly with AdminServer's clients and prospects, and the insurance and technology industries at-large. As industry professionals who have effectively guided other organizations through similar growth strategies, the new AdminServer executive team includes; Rick Connors as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mike Mullin Mike Mullin, of New York, USA, is one of the worlds leading Ten-pin bowlers. One of the major events in which Mullin competes is the Weber Cup. as COO and Kevin Walma assuming the role of CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. . Most recently, Rick Connors was Senior VP and Head of Annuities with MONY MONY Mutual of New York (Insurance - Syracuse, NY) (now AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery ), where he was instrumental in the decision to implement AdminServer as a "total systems" solution. Mike Mullin joins the company after 31 years in the industry, most recently as President and CEO of Delaware Valley The Delaware Valley is the name of the metropolitan area centered on the city of Philadelphia in the United States. The region is named for the Delaware River which flows through it. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . The appointment of Kevin Walma to CIO is an internal promotion from Kevin's most recent AdminServer position as VP New Business Development. Chris Doggett, AdminServer co-founder and former President and CEO, commented, "As exciting and gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. as our growth as been, the founders recognized that achieving the desired ongoing growth, while also continuing to explore advanced technologies, required us to look to others who have had similar experiences that we could draw upon and leverage to maximize AdminServer's potential. This change allows the founders to individually and collectively focus on what we do best: refine and expand our vision for the company and our solutions, personally be more involved in the management of client and development projects, and continue to feed our never-ending appetites for new technology." Rick Connors, AdminServer's new President and CEO, added, "I've been impressed with this company since I first met them as a prospect and then got to know the organization and product even better as a client. I am thrilled to be a part of this organization and sincerely appreciate the founders' confidence in the new management team as well as their dedication to the ongoing success and growth of the company, its employees and its client community." For the past two years, AdminServer has been recognized by Inc. Magazine as one of the 500 privately owned fastest growing companies in America. In addition to the consistent year-over-year growth, the company continues to be debt free and highly profitable. About AdminServer, Inc. AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services, and consulting since 1998. AdminServer continues to specialize in fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. , pensions, immediate annuities, life insurance, and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. . Currently AdminServer offers the only annuity, health, life insurance, and reinsurance administration system designed specifically as a web application employing both J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. and .NET strategies and technologies. Additionally, AdminServer has expanded their product offerings to include UVServer, an automated fund management and accounting system. To learn more about AdminServer products and services, call 610-619-3100, e-mail info@adminserver.com, or visit the website at www.AdminServer.com. |
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