All Press Releases for December 06, 2023

Victor D. Simmons, MBA, has been Inducted into the Prestigious Marquis Who's Who Biographical Registry

Victor D. Simmons is recognized for his expertise as the manager of tax fixed assets for Blue Cross Blue Shield of Illinois, New Mexico, Montana, Oklahoma and Texas



Mr. Simmons intends to continue actively participating and making meaningful contributions in his field and is consistently interested in pursuing new opportunities for growth and development.

    CHICAGO, IL, December 06, 2023 /24-7PressRelease/ -- Victor D. Simmons, MBA, has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Leveraging more than four decades of excellence in accounting, Mr. Simmons has earned distinction as a manager for tax fixed assets for Blue Cross Blue Shield of Illinois, New Mexico, Montana, Oklahoma and Texas. Since 1997, he has focused his efforts on managing the accounting staff while inspecting the assets that Blue Cross Blue Shield acquires in billions of dollars, recorded in both the internal book and their tax books. He also handles tax savings, finding ways to reduce taxable income for the company and collaborating with other members within the tax department to achieve these goals.

Notably, Mr. Simmons was key in taking advantage of tax laws that incentivize corporations to invest in capital equipment. By developing innovative strategies that leverage these laws, he was able to help the company achieve substantial savings in taxable income, and the company has both optimized its tax position and allocated more resources towards its core business objectives.

Prior to his current role, Mr. Simmons began his career as a claims adjuster for the Bankers Life and Casualty Insurance Company in 1978 and was promoted to an insurance auditor in 1979. Later that year, he took a role as a staff accountant for the American Hospital Association until joining Rush Prudential HMO, Inc. in 1987 in a similar position. Throughout his career, he has translated any challenges and trials into opportunities for growth and development, making his skillset stronger and fueling his success.

To prepare for his professional journey, Mr. Simmons earned a Bachelor of Science in business administration and economics from Bethel College in 1978. Following this achievement, he attained a Master of Business Administration from the DeVry University Keller Graduate School of Management. Within the coming years, Mr. Simmons intends to continue actively participating and making meaningful contributions in his field and is consistently interested in pursuing new opportunities for growth and development.

About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Marquis celebrates its 125th anniversary in 2023, and Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis® publications may be visited at the official Marquis Who's Who® website at www.marquiswhoswho.com.

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