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.
Only corporations that are members of an affiliated group have the option of filing a consolidated return. An affiliated group exists when one corporation -- referred to as the parent -- holds stock that satisfies the voting and value requirements in at least one other corporation.