SAN DIEGO, June 29, 2006 (PRIMEZONE) -- Retirement Capital Group, Inc. (RCG), a leading provider of executive compensation and benefit solutions, today announced the addition of Fredrick G. Schippa as RCG's Executive Vice President and Chief Operating Officer.
Mr. Schippa brings more than 20 years of financial, operational, and strategic experience in the consulting and financial services industry. Formerly, he was the Custom Programs Director of Finance and Operations for McGraw-Hill Companies. He has also held positions as President for The Gordian Group, a management consulting firm servicing Fortune 500 companies, as well as Vice President and executive with two leading insurance companies.
RCG helps corporations decipher the intricacies of tax laws, investment strategies, pensions, government regulations, and more. Through a consultive process, RCG offers a variety of executive benefit retirement solutions. RCG administers and monitors a unique process-driven approach to retirement plan design, funding, implementation, and communication to help corporations attract, retain, and reward their executives.
"With RCG's tremendous growth and expansion over the last two years, Fred's business experience will help us take the company to the next level," comments Bill MacDonald, RCG's Chairman, President, and CEO. "Fred's knowledge and expertise with consulting and financial services to Fortune 500 companies is a great match for our needs."
Commenting on his new position, Mr. Schippa said, "I am thrilled to be joining RCG, the premier provider and thought leader in nonqualified deferred compensation benefits. Their deep knowledge, innovative products, and reputation for excellent customer service have been key in driving its rapid expansion. My role will be to provide a dynamic infrastructure that will allow the company to continue to grow profitably in the future."
About Retirement Capital Group
RCG offers nonqualified executive benefit consulting services in the area of plan structure, design, benefit security, funding, implementation, and administration. RCG's unbundled approach is a paradigm shift, providing companies access to proprietary and creative solutions, the highest caliber of experts in the executive benefits marketplace, and a network of third-party administrators. RCG's corporate headquarters is located in San Diego, California.