Fred O. Pachón of Select Staffing Inc.  was named Business Insurance Risk Manager of the Year during the 2009 Risk and Insurance Management Society conference in Orlando Florida.   Mr. Pachón is the Vice President of Risk Management for the Santa Barbara staffing company.    

 

In addition to naming a Risk Manager of the Year, Business Insurance also honored three other individuals in the 2009 Risk Management Honor Roll:

 

  • Raymond J. Alletto – Vice President – Risk Management, United Rentals Inc
  • Lori Jorgensen – Senior Director , finance-risk management at Microsoft Corp.
  • Gary W. Langdale – Risk Office, Pennsylvania State

 

One common thread found in the great work that all four individuals have done for their companies is the continual reduction of cost to their organization, be it through effectively identifying potential risk costs with potential customers, to reducing risk costs of newly acquired companies, to modeling potential scenarios and the associated costs.

 

The risk management department can be viewed as a profit center within an organization because of the plans and programs put in place to avoid missteps as well as properly account for the costs of risk and reap the rewards of the risk that is taken.

 

Congratulations to the honorees for a job well done.

 

For further information on those honored, follow this link http://www.businessinsurance.com/cgi-bin/article.pl?articleId=27506&a

 

Further information can be found in the April 20th issue of Business Insurance.