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Company Interview Excerpt
RONALD HUNTER - STANDARD MANAGEMENT CORPORATION (SMAN)


Full article published: 06/28/2004


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TWST: Can you begin with a brief historical sketch of Standard Management Corporation and a picture of the things you're doing at the present time?
Mr. Hunter: Standard Management Corporation, since its founding 15 years ago, has grown from $3 million in assets to more than $2 billion in assets. Today, we're one of Indiana's largest publicly-held companies. Our past has been in the financial services area, both nationally and internationally, growing organically and through acquisition of small to medium-sized insurance companies. Recognizing every company in its life cycle has to address change, the company diversified two short years ago, after considerable research and development, into the health services industry, focusing on pharmaceutical packaging, distribution and medical supply services.

TWST: Which of your two businesses will loom the larger for you?
Mr. Hunter: In the short term, we will continue our pragmatic growth in financial services while concentrating the future of Standard Management in the health services industry.

 

Tickers included in this excerpt: SMAN

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.