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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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