2010 SOA Board of Directors Elections Results Announced; Smith to Serve as President in 2011–2012
At the close of several weeks of voting, Bradley M. Smith, FSA, MAAA, has been elected President of the Society of Actuaries for the 2011-2012 term. Smith will serve as President-Elect during the association's 2010-2011 year and will begin his presidential duties at the SOA's annual meeting to be held in October 2011 in Chicago.Smith serves as the Chairman of Milliman, Inc., a large multi-disciplinary, international actuarial and consulting firm. He has previously served as Vice President of the SOA and is currently an Emeritus Trustee of the Actuarial Foundation. His area of practice involves all aspects of life and health insurance, including insurance industry mergers and acquisitions, product pricing and financial statement preparation. Before joining Milliman, he was Vice President and Chief Actuary at JCPenney Life Insurance Company, where he was heavily involved in direct response marketing analysis, list segmentation, product development and corporate planning.Smith graduated from the University of Illinois in 1977 with highest distinction. He resides in Dallas with his wife, Karen, and daughter, Emily.As the SOA's 63rd president, Smith intends to be a strong advocate for the profession and to lead an effort to identify areas in which actuarial expertise can be applied in traditional and new markets. "I also plan to address the profession's contribution to the development of meaningful solutions on complex societal issues, such as the funding of Social Security (including Medicare), healthcare reform, financial risk management and the funding of public and private pension plan systems," Smith said.Vote totals for the three President-Elect candidates are provided below appearing as ordered on the ballot.
In addition to the selection of a new President-Elect, SOA eligible voters also chose three new Vice-Presidents and six new Elected Board Members.New SOA Board of Directors Vice-Presidents (two-year term) elected include:William J. Falk, FSA, MAAA, FCAFrancis P. Sabatini, FSA, CERA, MAAAThomas S. Terry, FSA, EA, MAAA, FCAVote totals for the Vice-President candidates are provided below appearing as ordered on the ballot.
New SOA Board of Directors members (three-year term) elected include:Daniel P. Cassidy, FSA, CERA, MAAA, EA, FCA, CFAGaetano Geretto, FSA, CERA, FCIAPeggy L. Hauser, FSA, MAAAMarcus A. Robertson, FSA, FCIADarryl G. Wagner, FSA, MAAADonna Weninger, FSA, MAAAAdditional communication will be distributed later announcing the results of Section Council elections.