Following acquiring his MBA, Chookaszian started his profession at Deloitte and labored as a management specialist for 8 years. He joined CNA Insurance policy in 1975 and served as CFO for 15 many years, additional CIO obligations, and eventually served as chairman, president, and CEO for nine years. He also served on the board of administrators as chairman of the executive committee for a few a long time right after his retirement.
Chookaszian then struck out on a new path for the upcoming stage of his vocation and became the CEO of an internet startup, mPower, the to start with digital advisor for managing retirement cash. He also served for 5 yrs as chairman of the Money Accounting Requirements Advisory Council (FASAC), which advises the Economic Accounting Standards Board (FASB) on its agenda.
A instructor for more than 40 yrs, Chookaszian serves as an adjunct professor at Chicago Booth, where he has taught corporate governance for the past 5 a long time, and was quickly capable to make the transition to on the net classes all through COVID-19. He also teaches classes in corporate governance at two universities in China, Cheung Kong Graduate College of Business and Shanghai Highly developed Institute of Finance. He also taught for 10 yrs in India at IIPM, the Indian Institute of Planning and Administration, and designed the Finance and Accounting for Non-Money Executives class for the American Administration Affiliation.
“I actually appreciate instructing,” he said. “I’m continuing to develop new courses based on the most up-to-date governance developments. At Booth, I produced the corporate governance study course on the sensible features of operating a business, and it is advanced around the yrs. I appreciate incorporating new substance this kind of as blockchain, cryptocurrencies, autonomous autos, the sharing financial system, cybersecurity, and web marketing.”
He has continued to expand his board support. In the class of his occupation, Chookaszian has served as a director of 13 publicly traded companies, 70 personal organizations, and 15 nonprofit companies. He is also a life span member of the Chicago Booth Council.
“I realized that as soon as I still left CNA, my job was going to be a mixture of board services and educating,” he explained. “I have appreciated encouraging a assortment of firms in diverse industries to create and put into practice their strategic designs.”