Table: Wendt's Plan to Rescue Conseco

PAY DOWN DEBT

$2.1 billion worth of debt was trimmed in 12 months; Wendt wants to chop $3.5 billion more by 2003.

BOOST GROWTH

His goal of 25% to 45% annual earnings growth could be tough to meet as the economy slows.

REDUCE RISK

The former Green Tree Financial Group unit is issuing fewer loans, but its low-income customers remain vulnerable.

FOCUS ON INSURANCE

Wendt has to increase profitability in insurance, which was neglected by former management.

QUALITY, QUALITY, QUALITY

He expects the Six Sigma efficiency process to save Conseco $100 million.

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