TITLE

'Straight Shooter' Takes Aim at Rebuilding Job

AUTHOR(S)
Milligan, Jack
PUB. DATE
September 2001
SOURCE
Financial Executive;Sep2001, Vol. 17 Issue 6, p28
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article profiles Charles Chokel, chief financial officer (CFO) at Conseco Inc., an insurance and consumer finance company. Chokel jumped at the chance to work with Gary Wendt to help turnaround Conseco. Conseco owes about $1.5 billion in loans to a group of commercial banks and has roughly $1.9 billion in trust-preferred securities. According to Chokel, the company has a long way to go. Historical analysis of the problems at Conseco are discussed, as well as Wendt's role in turning the company around.
ACCESSION #
11861213

 

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