Alfred P. Haddad Named Chief Executive Officer of Financial Profiles, Inc.Business Editors SAN DIEGO--(BUSINESS WIRE)--June 20, 2001 Financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against software company elects industry veteran The Board of Directors of Financial Profiles, Inc., a national provider of financial planning software, advisor Web sites and training and support, has elected Alfred P. Haddad as Chief Executive Officer (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. ). Haddad will continue Financial Profiles' 30-year history of software and service innovation and will lead an ambitious expansion of collaborative technology, utilizing financial planning and e-CRM systems to connect advisors and consumers. Haddad brings 21 years of experience and an unparalleled reputation in delivering software, systems integration and enterprise solutions to the world market. Prior to joining Financial Profiles, Haddad was executive vice president of Escrow.com, an e-finance and e-commerce transaction services company. He was also President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (COO) of Western Pacific Data Systems (WPDS WPDS Wireless Packet Data Service ), with global operations delivering software for supply chain management, resource planning and enterprise management. Prior to WPDS he was a managing director with RLM RLM Receiver-Driven Layered Multicast RLM Redundant Link Manager (Cisco) RLM Release Management (Oracle) RLM Remote Line Module RLM Regression Lineaire Multiple (French, statistics) , a $350 million technology company in Australia, which grew through a series of mergers and acquisitions. Haddad also has general management and product development experience leading global business units with General Electric and Lockheed Martin. Tom Hansch, chairman and outgoing CEO of Financial Profiles said, "We are about to embark upon perhaps the most significant growth in our history, and Al's considerable experience will be of enormous value to our rapidly growing software and services technology firm." About Financial Profiles, Inc. Financial Profiles offers the financial services industry comprehensive financial planning software, Web site creation and hosting, plus consulting, training and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . The company began in 1969 as a service bureau offering needs analysis reports for insurance and financial services representatives worldwide, and today works with many nationally recognized financial services organizations, including GE, Met Life, 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 , ING, Prudential, Waddell & Reed, Jefferson Pilot, FNIC FNIC Food and Nutrition Information Center FNIC Financial Network Investment Corporation FNIC Fidelity National Insurance Company , Mass Mutual, Principal Financial and Signator/John Hancock. On August 1, 1998, Financial Profiles became a subsidiary of Allmerica Financial Corporation, a Fortune 500 holding company for a diversified group of insurance and financial service companies. For more information about this or other Financial Profiles products and services, visit the company's Web site at www.profiles.com. |
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