Heâs served Modesto, California as Planning Commissioner, City Councilman, and Vice Mayor and Stanislaus County as a Supervisor, then Chairman of the Board of Supervisors for eight consecutive terms. Ray became CEO of Freese & Gianelli in 1960, and founded Pegasus Risk Management with his son, Jeff in 1995. Jeff Simon, CEO & President â Jeffâs varied and distinguished career sets the company standard for leadership and integrity.
Definition of Affiliate. As used in this Agreement, an Affiliate of the Company shall mean a parent, subsidiary, brother or sister corporation or other corporation or entity which controls the Company or which the Company controls or which is under common control with the Company.
A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. subsidiary may itself have subsidiaries, and these, in turn, may have subsidiaries of their own. A parent and all its subsidiaries together are called a group, although this term can also apply to cooperating companies and their subsidiaries with varying degrees of shared ownership.