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as a president of the Aetna Insurance Co. He was Parthenon's
president until mid-1977, at which time he became Chairman of
Parthenon's Board of Directors. Mr. Hill served in that capacity
until October 1985.
On August 16, 1977, Parthenon hired Robert A. Reeves (Mr.
Reeves) as its president. He also served as HCA's vice president
of insurance. Prior to being retained by Parthenon, Mr. Reeves
had been employed as president of Ashland Oil Company's two
captive insurance company subsidiaries. He continued as
Parthenon's president until October 1, 1985.
After becoming president of Parthenon, Mr. Reeves hired
experienced insurance executives to fill key managerial
positions, including Robert E. Pierson (Mr. Pierson), Maurice J.
Castille (Mr. Castille), and Charles Anderson (Mr. Anderson).
Mr. Pierson, a Chartered Property and Casualty Underwriter, had
been employed as a claims manager for the St. Paul Insurance
Companies. Mr. Pierson was hired initially to serve as
Parthenon's claims manager. He also was a vice president of
Parthenon from 1978 until October 1985, when he became president.
Mr. Pierson continued as president of Parthenon until February
20, 1987.6
6 William W. McInnes became president of Parthenon as of June
8, 1987. He served in that position throughout the remainder of
the years in issue.
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