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13.10.2009 14:53

Ebix CEO Robin Raina Receives Multiple Awards Including Being Named the Top Performing CEO In Georgia by Atlanta Business Chronicle

Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced today a series of awards that it has won in recent times.

Firstly, Ebix announced that Atlanta Business Chronicle has ranked its CEO Robin Raina as the No.1 Top Performing CEO in Georgia. The list appeared in the October 9-15, 2009 issue of the newspaper, which is already on the stands. This is the second consecutive year that Robin has been ranked No.1 on the list by Atlanta Business Chronicle. The newspaper ranking was based on the performance of the CEOs of Georgia’s publicly-owned companies during the five-year period Dec. 31, 2003, to Dec. 31, 2008. As per the article, an investment of $100 in Ebix stock at the end of 2003 would have been worth $583 by the end of 2008.

The company also announced that Raina was recently awarded the Entrepreneur of the Year award by The Indus Entrepreneurs (TiE) group, on Sep. 26th 2009 in a glittering ceremony at the Georgia Aquarium Ballroom. Bernie Marcus, co-founder of The Home Depot received TiE Atlanta's prestigious Lifetime Achievement Award, given in recognition for his numerous contributions as an entrepreneur and philanthropist.

These awards follow a series of other recognitions awarded to Raina and the company this year. Fortune Magazine in August 2009 ranked Ebix 2nd on its list of Best Investments in the world. Fortune Magazine also ranked Ebix No.4 on its list of the 100 hundred fastest growing companies, named ”the World’s supercharged performers.”

Raina is credited today with leading one of the most successful turnarounds and explosive growth stories in the U.S. in the last decade. In 1999, when he took over as CEO of Ebix, the company had 23 years of continuous losses, with a loss of $19 million that year. Since then, Raina has led the company through 10 years of continuous sequential growth in earnings, revenues and net income. Along the way the company has created new benchmarks in profitability while continuously reporting 40% plus net margins.
 
aus der Diskussion: Ebix Inc. (765778)
Autor (Datum des Eintrages): watchi  (09.11.09 16:43:46)
Beitrag: 4 von 12 (ID:38349346)
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