Annual Report to Investors - The American College
Annual Report to Investors - The American College
Annual Report to Investors - The American College
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<strong>The</strong> Legacy of Dr. Bar<strong>to</strong>n—In <strong>The</strong>ir Words<br />
Todd M. Schoon, JD, CLU ® , ChFC ®<br />
Chairman, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Board of Trustees<br />
“<strong>The</strong> <strong>College</strong> has accomplished so much over the last 10 years<br />
under Dr. Bar<strong>to</strong>n’s leadership. He has put <strong>The</strong> <strong>College</strong> back on<br />
the map. He has both kept us engaged with traditional companies,<br />
and expanded our scope <strong>to</strong> all of financial services—all<br />
while keeping us aligned with Solomon Huebner’s vision and<br />
grounding us in our purpose. Ultimately, everyone has benefitted,<br />
most especially the consumer. I’ve been continually<br />
reminded while serving as Trustee Board Chair of how his presence<br />
and persona pull people <strong>to</strong>ward him. His personal charisma<br />
and deep conviction regarding the mission of <strong>The</strong> <strong>College</strong> are<br />
contagious. As Chancellor of <strong>The</strong> <strong>College</strong>, he will be in position<br />
<strong>to</strong> do what he does best – share the s<strong>to</strong>ry of <strong>The</strong> <strong>College</strong> broadly<br />
with more people, without being encumbered with the demands<br />
of day-<strong>to</strong>-day operations. Elevating him <strong>to</strong> Chancellor plays <strong>to</strong><br />
Dr. Bar<strong>to</strong>n’s strengths. <strong>The</strong>re is every reason for a great sense of<br />
confidence that <strong>The</strong> <strong>College</strong> will continue <strong>to</strong> move forward in a<br />
positive way without missing a beat. “<br />
Frederick J. Sievert, MSM<br />
Life Trustee, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
“Larry unselfishly gives me way <strong>to</strong>o much credit for turning<br />
around the institution in 2006 and 2007. <strong>The</strong> truth is he deserves<br />
the credit. Leading a very able staff, he was the one who developed<br />
the long term vision and strategies, and executed them<br />
skillfully over the past decade. He transformed <strong>The</strong> <strong>American</strong><br />
<strong>College</strong> in<strong>to</strong> the citadel of education and learning for our industry.<br />
And he <strong>to</strong>ok what appeared <strong>to</strong> be a dying institution and made it<br />
extraordinarily relevant once again. All of us in the industry owe<br />
him a debt of great gratitude.”<br />
Reginald N. Rabjohns, CLU ® , ChFC ®<br />
Campaign Chair, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Foundation Board of Direc<strong>to</strong>rs<br />
“Larry is highly motivated <strong>to</strong> perform at superior levels, and he<br />
has! He didn’t come from the insurance or financial services<br />
business. His training, knowledge, prejudices, and beliefs about<br />
our business and the people and companies that make it work<br />
were not identical, nor traditional for the majority of us, making<br />
his presidency and his achievements, I believe, the most important<br />
in our <strong>College</strong>’s his<strong>to</strong>ry since Dr. Huebner opened the doors<br />
in 1927. He is a leader, inspirational and visionary, not held back<br />
by ‘this is how we’ve always done it!’ He has built a great team<br />
of professionals, and a powerful and diverse Board of committed<br />
leaders. He also just happens <strong>to</strong> be a great guy.”<br />
Peter C. Browne, LUTCF<br />
Chairman, <strong>The</strong> <strong>American</strong> <strong>College</strong> Foundation<br />
Board of Direc<strong>to</strong>rs<br />
“I can sum it up in one word: legacy. He has a legacy and that is<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>. He has transformed it. From the time he<br />
came on board, <strong>The</strong> <strong>College</strong> <strong>to</strong>ok an entirely different turn. He<br />
had no idea how grave the financial situation was. He managed<br />
<strong>to</strong> pull everyone <strong>to</strong>gether <strong>to</strong> come <strong>to</strong> a common agreement. He<br />
consolidated things. He got people <strong>to</strong> do things they hadn’t done<br />
before. He put <strong>to</strong>gether a strong team and got the board engaged.<br />
And he stayed for the long haul, bringing <strong>The</strong> <strong>College</strong> in<strong>to</strong><br />
the modern era of financial services education. His wife, Eliza,<br />
has complemented his involvement, and that’s been very, very<br />
important. With him at the helm, <strong>The</strong> <strong>College</strong> is recognized in<br />
the industry as a strong educational institution with an<br />
endowment that now has a value in excess of $100 million. “<br />
2006<br />
Diversity Matters<br />
First held in 2006 with founding sponsor MetLife, the Conference of African <strong>American</strong> Financial<br />
Professionals brings <strong>to</strong>gether leading companies from across the industry <strong>to</strong> further the<br />
education, advancement and heritage of African <strong>American</strong> financial professionals.<br />
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