Prieur takes over as Conseco's new chief executive officer.Conseco Inc. has named C. James Prieur as chief executive officer effective Sept. 7. He succeeds William S William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack . Kirsh, who resigned 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. in May. Prieur joins Conseco from Toronto-based Sun Life Financial Inc., where he was 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. , Conseco said. After Kirsch kirsch n. A colorless brandy made from the fermented juice of cherries. [French, short for German Kirschwasser; see kirschwasser. departed May 23, James E. Hohmann, previously Conseco's executive vice president and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive , took over as interim CEO. Hohmann is now president and chief operating officer, Conseco said. "The board of directors was unanimous in its selection of Jim as chief executive officer, following an extensive internal and external search," R. Glenn Hilliard, Conseco's chairman, said in a statement. Prieur "is an extremely talented and experienced leader," Hilliard said. Prieur will also join Conseco's board. "The appointments of Jim Prieur and Jim Hohmann give Conseco a powerful leadership combination, one that uniquely positions us for success in the industry," Hilliard said. Kirsch was Conseco's president and CEO for only 21 months. He succeeded William J. Shea, who led the company through a Chapter 11 reorganization. Conseco emerged from bankruptcy in September 2003. The Carmel, Ind.-based Conseco, with more than 2 million U.S. customers, sells supplemental health and life insurance and annuities to families and seniors. |
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