FEATURES
COVER STORY: LEADING RISK MANAGERS RAY ROMANO Chief risk officer Citibank New York, NY
Experienced risk professional Ray Romano heads Citibank’s credit, operations, model, financial risk and policy-related functions. The global banking giant provides banking, investment, wealth management services and more to millions of customers across hundreds of cities and countries. Prior to Citibank, Romano worked in risk management at multiple financial institutions including Genworth Financial, Freddie Mac and Washington Mutual (now JPMorgan Chase & Co.).
JASON SHEPARD
Director of risk, claims and insurance Brinker International Dallas, TX
Jason Shepard has been a member of the Brinker International family since the mid-1990s. The Dallasbased company owns and operates more than 1,600 restaurants in 30 countries under the brands Chili’s Grill & Bar and Maggiano’s Little Italy. In 2011, Shepard was named director of risk, claims and insurance. Designing and implementing insurance programs, managing claims and crises, and analyzing data are just a few of Shepard’s duties as the leader of Brinker International’s risk management department.
JEFFREY RIGG
MICHAEL CAVALIERE
Corporate risk and compliance manager Ikea US Philadelphia, PA
Michael Cavaliere directs and coordinates safety, security, insurance and risk management operations for all of Ikea’s entities in the US. Cavaliere started off with Ikea US as deputy risk and security manager in 2000 before assuming his current role in 2006. The ready-to-assemble furniture retailer employs more than 155,000 people in 43 countries and experiences more than 700 million visitors each year.
LOU PRANSKY
Chief risk officer Cigna Philadelphia, PA
The head of Cigna’s risk management department, Jeffrey Rigg has been with the global health service company, which boasts operations in 30 countries and 85 million customer relationships, since 2011. First serving as Cigna’s international CFO, Rigg now supervises global audit and enterprise risk management as the company’s general auditor and chief risk officer.
Vice president of risk management Clean Harbor Boston, MA
Clean Harbor’s Lou Pransky leads the risk and insurance programs for the environmental, energy and industrial services company, which is also the largest hazardous waste disposal company in North America. Overseeing a department of claims associates in multiple offices, Pransky manages all policy renewals, claims activity and a multimillion-dollar insurance budget. Pransky has held a variety of risk management positions over the past 25 years in the retail, transportation and financial industries.
LARA BAUGH
Director of risk management John Deere Moline, IL
Lara Baugh has more than 20 years of finance and risk management experience, and oversees the risk management department at John Deere, a leading manufacturer of agricultural, construction, forestry and lawn care equipment. Baugh is responsible for protecting John Deere’s assets and earnings from material loss through risk management strategy implantation and insurance program design. Baugh is also a member of RIMS and a member of the risk management executive council for FM Global.
26
www.ibamag.com
22-47_Risk Management-SUBBED 3.indd 26
23/03/2016 1:20:34 AM