Albert M. Teplin Elected to Viad Corp Board of Directors.Business Editors PHOENIX--(BUSINESS WIRE)--Feb. 26, 2003 Dr. Albert M. Teplin, an economist, has been elected to the board of directors of Viad Corp (NYSE:VVI), it was announced by Robert H. Bohannon, Viad's chairman, president and chief executive officer. With the election of Teplin, the Viad board will now have ten directors. Bohannon said, "As an economist with expertise in domestic and global capital markets, Dr. Teplin brings added perspective to an already strong and diverse board. On behalf of the entire board, I welcome him and thank him in advance for his service to Viad." Teplin holds a bachelor's degree from the University of Wisconsin-Madison and a doctorate in economics from Johns Hopkins University. Prior to his recent retirement, he served with the Board of Governors of the Federal Reserve System Federal Reserve System The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States.Notes: You can divide the Federal Reserve's duties into four general areas:1. as Chief of the Flow of Funds Flow of funds In the context of municipal bonds, refers to the statement displaying the priorities by which municipal revenue will be applied to the debt.In the context of mutual funds, refers to the movement of money into or out of a mutual funds or between or among various fund sectors. Section. Over the last three decades, Teplin held a number of positions with the Federal Reserve System. His work included presiding over an international group of experts on financial statistics at the Organization of Economic Cooperation and Development (OECD), providing forecasts of financial flows in the U.S. economy, managing a quarterly statistical publication of the Federal Reserve, and conducting research on a wide range of economic topics. In addition to his career with the Federal Reserve System, Teplin provided economic analysis and forecasts of the U.S. economy for the American Council of Life Insurance, and was a visiting professor at Indiana University, where he taught economics. In 1998, he was a recipient of the Federal Reserve Board's Special Achievement Award. He is the author of articles that have appeared in the Federal Reserve Bulletin, Voluntas and The McGraw-Hill Encyclopedia of Economics. He also contributed an article, "Financial Intermediaries and Financial Accounts," for The New System of National Accounts (Boston: Kluwer Academic Publishers, 1996). Viad is a $1.65 billion revenue, S&P 400 MidCap company. Viad companies include Travelers Express/MoneyGram, a payment services company located in Minneapolis, MN; GES Exposition Services, a convention and event marketing services company located in Las Vegas, NV; Exhibitgroup/Giltspur, a convention and tradeshow exhibition company located in Chicago, IL; Glacier Park, Inc., the hotel and transportation concessionaire in Glacier National Park Glacier National Park, CanadaGlacier National Park, 521 sq mi (1,349 sq km), SE British Columbia, Canada, in the Selkirk Mts.; est. 1886. It contains extensive glaciated areas including Illecilliwaet Glacier. Snowcapped peaks, with densely forested lower slopes include Mt. Bonney, with the resort village of Glacier at its base. The rugged terrain of the park is crossed by the main line of the Canadian Pacific Railway., Montana; and Brewster Tours, the leading tour operator in the Canadian Rockies located in Alberta, Canada. For more information, visit our Web site at www.viad.com. |
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