Former President and CEO of CIGNA Group Insurance Accepts Chairmanship
Pennsylvania—Schoolwires, Inc. a leading developer of automated website creation and content management systems designed specifically for the education market, welcomed John K. Leonard, a former President and CEO of CIGNA Group Insurance, as Chairman of its Board of Directors after serving as a Schoolwires Director since the board was formed in 2001. Mr. Leonard assumed this new role in January 2005.
(PRWEB) May 17, 2005
Pennsylvania—Schoolwires, Inc. a leading developer of automated website creation and content management systems designed specifically for the education market, welcomed John K. Leonard as Chairman of its Board of Directors after serving as a Schoolwires Director since the board was formed in 2001. Mr. Leonard assumed this new role in January 2005.
Mr. Leonard is a former President and CEO of CIGNA Group Insurance (CGI), a division of CIGNA Corp., with annual revenues of $2 billion, assets of $3 billion and 12 million insured. Over a 29-year career, his responsibilities with CIGNA ranged from financial planning and forecasting, to marketing, strategic planning and management of CIGNAÂ’s acquisitions and divestitures.
Mr. Leonard has previously served on the boards of two technology development companies, currently serves on the Board of Philadelphia Academies, Inc. and as a Senior Advisor with GeoStrategy, LLC, acts as a management consultant to senior executives at international Fortune Global 500 companies.
“We’re extremely fortunate to have an individual with Mr. Leonard’s talent and expertise as our Chair,” remarked Edward Marflak, Schoolwires President and CEO.
According to Mr. Leonard, “For the first four years of its existence, Schoolwires has been appropriately focused on creating an enterprise, establishing itself in the market and meeting basic financial objectives.”
Under Mr. Leonard’s guidance, Schoolwires is launching a major initiative to update and expand its strategic plan. “The time is right to explore strategic options,” said Mr. Leonard, “to ensure that Schoolwires will appropriately allocate its resources and meet or exceed the expectations of investors.”
The resulting plan will clarify the company’s mission, analyze its evolving competitive landscape, define broad financial objectives, and explore the specific pathways through which the company can maximize shareholder return on investment. Mr. Leonard added, “It’s always exciting to watch and help a young company to develop and flourish. No enterprise I’ve seen has a brighter future than Schoolwires. I’m delighted to play a role in shaping
Its success.”
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