University Science Center CEO Steps Down to Focus on Recovery Following Stroke
|University Science Center CEO Steps Down to Focus on Recovery Following Stroke|
It was announced earlier this year that Steve Zarrilli, CEO of University City Science Center, will step down to focus on his health after suffering a stroke the previous year. Mr. Zarrilli became president & CEO in 2018 when the Science Center was in the midst of an organization transformation. The 58-year-old executive, whose take-home pay was reportedly $1.7 million, will continue to serve on the board. University City Science Center is located in Philadelphia, PA, employs 70 people and has a revenue profit of $25 million.
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Featured Case Study
Key Person Disability
Capital Management Firm
We'd like to share a case study of a California capital management firm with a portfolio of $17 billion. The firm's assets under management dramatically increased over the last few years and thus elevating the overall importance of the CEO. Investors invest in a particular fund based largely on performance, which is attributed to the CEO. The advisor on the case was challenged with securing an adequate amount of disability insurance to protect the capital management firm's key person in the event he became seriously ill or disabled. Check out the case study to read about the insurance solution that was developed.
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