Larry Wilson (businessman) explained

Larry Wilson is an American technology entrepreneur and venture capitalist who founded the Policy Management Systems Corporation, a publicly traded insurance technology company that merged with the Computer Sciences Corporation in 2000.

Career

In 1966, Wilson began working in the data processing department of an insurance company as a sophomore at the University of South Carolina.[1] In 1974, he founded the Policy Management Systems Corporation (PMSC), an insurance software company that went public in 1981.[2]  Wilson was named a top chief executive by Forbes Magazine[3] [4]  and The Wall Street Transcript.[5] In 2000, he sold PMSC to the Computer Sciences Corporation for $568 million.[6]

Wilson joined Pequot Capital Management as a partner in 2006[7]  and later FirstMark Capital in 2008.[8]  He has served on the board of directors of Unitrends, FINEOS, AssuredPartners NL, ISSCO Graphics, and Duck Creek Technologies.

Personal life

Wilson is an avid car collector. He owns approximately 120 automobiles, which he keeps in an 18,000 square foot facility in Jupiter, Florida.[9]

Notes and References

  1. News: Torcellini Geer . Carolyn . October 1, 1990 . Larry Wilson turned a college job into a $ 265 million business. Lots of people have been watching--including IBM. . Forbes Magazine.
  2. News: Wilkinson . Jeff . May 13, 2012 . Columbia: A Giant of Insurance . The State.
  3. News: . November 16, 1987 . The 200 Best Small Companies' Chief Executives . . 220.
  4. News: Lauerman . Kerry . August 29, 1994. Forbes ASAP: Top 40 . Forbes Magazine. 122.
  5. News: June 12, 2008. If It Quacks Like a Duck… . The Post and Courier.
  6. Web site: Mynd Soars on Takeover Plan by Computer Sciences . Rubenstein . Sarah. June 20, 2000 . . April 25, 2024.
  7. Web site: Pequot raises $183m for private equity fund . McCandless . Jennifer . December 8, 2006 . . April 25, 2024.
  8. Web site: Pequot to Separate Its V.C. and Hedge Fund Unit . The New York Times DealBook . 4 March 2008 . April 25, 2024.
  9. Web site: Florida's Wilson Collection is a diamond in the rough . Waters . Marvin . October 9, 2017 . Hagerty Magazine . April 25, 2024.

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