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Press Releases by Date  |   Press Releases by Company Name

View More Press Releases by American Financial Systems, Inc.

Press release:

AFS Appoints New President

Issued by: American Financial Systems, Inc.

Date: Apr. 10, 2002

Contact: Donna Wigley
American Financial Systems, Inc.
9 Riverside Office Park
Weston, MA 02493

AFS Appoints New President

WESTON, MA (April 9, 2002) -- American Financial Systems, Inc. (AFS) , the premier provider of software and Internet tools for the design, illustration, and administration of supplemental (non-qualified) benefit plans, named Nancy MacDonald as president and chief operating officer.
MacDonald takes over the reins from AFS founder Daniel R. Johnson, who remains the firm's chairman and CEO. An eleven-year veteran of the company, Ms. MacDonald has held a number of positions with the company, most recently as product manager and director of software Operations for the company's flagship product, the AFS Master System®. MacDonald's major contributions to AFS and the COLI market include her extensive research into the modeling and administration of split-dollar plans and in-force plan administration. “This is an exciting time for us, with the release of AFS-LINK™, the first multi-life illustration system operating on the web. I’m very proud to be leading this initiative”, says MacDonald.
Founded in 1984 by supplemental benefits professionals, AFS provides software and Internet tools for the design, illustration, and administration of supplemental (non-qualified) benefit plans to the clear majority of large COLI offices, and is the technological platform responsible for the majority of large COLI sales and case administration. AFS is best known throughout the COLI industry for the AFS Master System®, a client-specific system now distributed to most clients through the web. AFS products and services can be viewed at

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View More Press Releases by American Financial Systems, Inc.

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