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January 21, 2009
FM Global Chief Financial Officer Jeff Burchill
Named One of Three "CFOs to Watch" in 2009 by
Treasury & Risk Magazine
JOHNSTON, R.I.—Jeffrey Burchill, senior vice president and chief financial officer at FM Global, one of the world´s largest
business property insurers, has been named as one of three "CFOs to Watch" in 2009 by Treasury & Risk magazine in its January
issue. Treasury & Risk is a monthly business finance magazine that serves 50,000 senior financial executives at U.S.-based
corporations.
Burchill, who joined FM Global in 1974 and has served in his current role since the 1990s, shares the magazine´s 2009 helm
with Wal-Mart´s Thomas Shoewe and Cardinal Health´s Jeffrey Henderson.
In an article titled "CFOs to Watch: Steering Through Troubled Times," the magazine examines how Burchill has helped set
FM Global´s course for the future and credits him with contributing to FM Global´s continued financial strength and sound
cash management strategies.
"We believe all losses are preventable and put our money where our mouth is,” said Burchill in the magazine´s article.
“We have no debt on our balance sheet since property claims are settled very quickly (and) consequently, we are able to take
more (of our clients´) risk on our balance sheet."
Treasury & Risk also highlights that "FM Global avoided investments in credit derivatives, sub-prime mortgage
securities and other ´toxic investments´" and that "despite the economic crisis the company maintains a financial strength
rating of A+ (Superior) by A.M. Best and AA (Very Strong) by Fitch Ratings, both with a stable rating outlook."
To read more about Burchill and his insights into how FM Global is weathering the current business climate, visit
Treasury & Risk´s Web site.
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