Beta Systems' Chairman Parker And President Frank Axed By Parent Kemper

THIS WEEK'S LEAD STORIES

Beta Systems Group Inc., the wholly owned market data and back-office processing arm of Kemper Corp.'s Kemper Securities Group Inc. unit, has undergone a top-management house-cleaning at the hands of its corporate parent.

Swept out were three top executives, including 30-year- veteran company-founder and chairman Monty Parker, president Peter Frank, and marketing consultant Jerry Boehm. Despite rumors to the contrary, the maneuvers don't appear to be part of an effort to streamline the vendor in

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