American Century Receives CIO 100 Award for Resourcefulness.Business Editors KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--Aug. 18, 2003 American Century This article is about the term used for American power in the 20th century. For the investment company, see American Century Investments. "American Century" is a term coined by Time is a winner of the prestigious 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. 100 award from IDG's CIO magazine. The 2003 CIO 100 award recognizes organizations around the world that excel in positive business performance through resourceful re·source·ful adj. Able to act effectively or imaginatively, especially in difficult situations. re·source  ful·ly adv. Information Technology management and practices. "This is a great honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. for our Information Technology Department and our company in general," said Bob Sauvageau, senior vice president and chief technology officer for American Century. "We strive to be the best at what we do, and we do this by attracting the best people. It's one of our Guiding Principles, and we know we are adhering ADHERING. Cleaving to, or joining; as, adhering to the enemies of the United States. 2. The constitution of the United States, art. 3, s 3, defines treason against the United States, to consist only in levying war against them or in adhering to their enemies, to our Guiding Principles when we receive awards such as the CIO 100." To provide a vision of ever-changing business trends, the focus of the CIO 100 changes each year. This year, CIO honors 100 companies that demonstrate the resourceful use of technology and related assets in tough economic climate. "This year's CIO 100 award recipients are being honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. because their companies have demonstrated resourceful use of IT systems, staff and budgets," said Abbie Lundberg, Editor in Chief, CIO Magazine. "Maximizing return on investment is a priority when times are tight, and these companies excel in generating greater value from limited resources." Complete coverage of the 2003 CIO 100 is featured in the Aug. 15 issue of CIO magazine and at www.cio.com. The recipients of this year's CIO were selected through a comprehensive three-step process. First, companies filled out an on-line application form. In addition, CIO editorial staff and members of its expert panel nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. companies they deemed best fit the award criteria. A team of CIO editors and writers reviewed the application forms and expert recommendations and voted on the final 100. The judging objectives were to recognize positive business performance through the resourceful use of IT systems, staff and budgets in a challenging economy. American Century is a leading investment manager with more than 40 years of experience helping investors achieve their financial goals. Serving institutions, corporations, investment professionals and nearly two million individual investors, American Century offers a broad array of products across a variety of investment disciplines. Based in Kansas City, Mo., the company manages approximately $80 billion in assets through separate accounts, commingled trusts, subadvisory accounts and mutual funds. James E. Stowers James E. Stowers (born 1924) is the founder of American Century Investments and the Stowers Institute for Medical Research. Born and raised in Kansas City, Missouri, Jim Stowers graduated from Kemper Military School in Boonville, Missouri. Jr. founded the company in 1958 and serves as chairman. His son, James E. Stowers III, is co-chairman and William M. Lyons is president and chief executive officer. For the past four years, American Century, which employs approximately 1,900 people, has been selected as one of FORTUNE Magazine's 100 Best Companies to Work for in America. For more information about the company, visit www.americancentury.com. |
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