leaving BellSouth Corporation in December of 1989, Rick
started his own financial services practice at National
Financial Services in Atlanta where his office was on
East Paces Ferry Road. Two years later, he moved to
Piedmont Center in north Atlanta where he continued
to expand his practice in the area of estate, charitable,
and retirement planning. In 1996, he moved his practice
closer to his Marietta home when he joined Palmer &
Cay, a regional insurance brokerage firm in the Cumberland
In 1998, he moved back to his roots in Murphy where
he opened his office in the 409 Building (home of the
old A&P). During the last several years of his practice,
Rick worked his way through rigorous education and experience
requirements to become a Chartered Life Underwriter.
A CLU is widely regarded as the highest professional
designation in the field of life and disability insurance
sales and planning. He currently continues his practice,
working with his clients in specialized areas of financial
GEORGIA STATE UNIVERSITY,
• Master of Business
-Accounting Major 9/66 - 5/68
Gradepoint Average: 3.8/4.5
• Bachelor of Business
Gradepoint Average: 3.2/4.5 9/63 – 9/66
Beta Gamma Sigma Scholastic Honor Society
Transferred from Western Carolina University
Dam High School
Richard H. Bagley &
Palmer & Cay Insurance Brokers
National Financial Atlanta
Atlanta, Georgia 8/84 – 12/89
• CORPORATE RISK MANAGER
Defined, organized, staffed, and administered the risk
management function of BellSouth Corporation.
• Selected and trained a staff of five professional
• Placed insurance coverage with particular insurance
• Directed the identification of exposures for
all corporate activities (regulated and unregulated,
merger, and acquisitions).
• Analyzed the management and control of risk
for all corporate activities.
• Determined funding alternatives that are necessary
to finance risks, where appropriate.
• Dealt regularly with company officers of BellSouth
and senior officers of major insurance companies.
• Dealt with international markets in the insurance
industry, such as Lloyd’s of London.
• Dealt with major insurance brokers in metro
• Administered insurance coverages for the largest
of the companies divested from AT&T
• Settled over $20 million in losses.
• Achieved lowest insurance costs in 1987 of regulated
portion of all divested companies.
• Directed the implementation of a comprehensive,
consolidated program of automobile, general liability,
and workers compensation insurance coverages for all
non-regulated BellSouth companies, with resulting annual
savings of between $500 thousand and $1 million.
• Member of Atlanta Risk and Insurance Management
• Member of Advisory Council, Home Insurance Company.
SOUTHERN BELL TELEPHONE
• STAFF MANAGER,
Corporate Headquarters 10/82 – 8/84
4/79 – 6/82
Analyzed results and performance of numerous accounting
functions, with particular emphasis on revenue operations.
• Identified and initiated corrective action in
problem areas, as revealed by production, expense, and
• Recommended actions to coordinate personnel
and equipment needs.
• Also recommended changes that were brought about
by the impact of internal and external factors on Southern
Bell’s accounting operations.
• Directed and coordinated interdepartmental company
efforts (including mechanized and manual procedures)
aimed at preventing billing losses of several million
dollars each year.
• In addition to preventing losses, the systems
were designed to pinpoint the trouble areas and initiate
• SENIOR SYSTEMS ANALYST,
Corporate Headquarters 6/82 – 10/82
Directed part of an AT&T project to design, construct
and implement a billing system for the Yellow Pages
Directory corporation to be formed as a result of the
1984 Consent Decree.
• Supervised two systems analysts.
• ACCOUNTING MANAGER,
Georgia Area, Atlanta, Georgia 10/77 – 4/79
Managed a revenue accounting office.
• The organization consisted of three management
and 30 non-management employees, which billed and controlled
telephone accounts in greater Atlanta, using manual
and computer procedures.
• SENIOR SYSTEMS ANALYST,
Corporate Headquarters 10/72 – 10/77
Worked with the implementation and administration of
a Company-wide functional accounting system.
• Involved use of manual as well as computer methods
and programming on RCA 3301 computer.
• Designed, implemented, and maintained computer
systems which produced a variety of statistical reports.
• Directed the work of three systems analysts.
• ACCOUNTING MANAGER
(Data Processing Center), Charlotte,
North Carolina 6/71 – 10/72
• INTERNAL AUDITOR,
Charlotte, North Carolina 1/71 – 6/71
• SUPERVISOR OF MAILING
Macon, Georgia 5/68 - 10/68
• JUNIOR ACCOUNTANT,
Atlanta, Georgia 8/66 – 3/68