AmerUs Group Elects Stephen Strome To Board of Directors.Business Editors DES MOINES, Iowa--(BUSINESS WIRE)--Feb. 10, 2004 AmerUs Group Co. (NYSE NYSE See: New York Stock Exchange :AMH), a leading producer of life insurance and annuity products, today announced that Stephen Strome, the chairman and chief executive officer of Handleman Company, has been elected to its board of directors. Handleman Company (NYSE:HDL) is a category manager and distributor of prerecorded pre·re·cord tr.v. pre·re·cord·ed, pre·re·cord·ing, pre·re·cords To record (a television program, for example) at an earlier time for later presentation or use. Adj. 1. music to mass merchants in the United States, United Kingdom, Canada, Mexico, Argentina and Brazil. Mr. Strome joined Handleman Company in 1978 and has served in several management roles including executive vice president of the Company and president of its Video and Home Computer Software Divisions. In 1985, he pioneered the prerecorded home video sell-through market and is a member of the Video Hall of Fame. Mr. Strome was named executive vice 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. in 1988, promoted to president in 1990, and became chief executive officer in 1991. He was elected chairman of Handleman Company's board of directors in 2001. Mr. Strome earned his masters degree from Wayne State University and bachelors of science degree from Hillsdale College. Mr. Strome serves as Chairman of the Board of Visitors of Wayne State University's School of Business Administration. He also serves as a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Detroit Public Television, and serves on the boards of the National Conference for Community and Justice The National Conference for Community and Justice (NCCJ) formerly known as the National Conference of Christians and Jews, is a national non-profit organization in the United States. as well as the Child Abuse Council of Oakland County. AmerUs Group Co. is located in Des Moines, Iowa, and is engaged through its subsidiaries in the business of marketing and underwriting individual life insurance and annuity products in 50 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and the U.S. Virgin Islands. Its major subsidiaries include: AmerUs Life Insurance Company, American Investors Life Insurance Company, Inc., Bankers Life Insurance Company of New York and Indianapolis Life Insurance Company. As of September 30, 2003, AmerUs Group's total assets were $21.8 billion and shareholders' equity totaled $1.4 billion, including accumulated other comprehensive income In 1997 the Financial Accounting Standards Board issued a Statement on Financial Accounting Standards entitled “Comprehensive Income”. This statement required all income statement items to be reported either as a regular item in the income statement and or a special item as . |
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