American Express, Pitney Bowes And Bank Of America Spearhead Farewell Tribute To National Urban League President Hugh B. Price.Business Editors NEW YORK--(BUSINESS WIRE)--March 28, 2003 The National Urban League today announced plans for a farewell tribute to Hugh B. Price in recognition of his nine years of leadership of the Urban League movement. The tribute--sponsored by American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Pitney Bowes Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . and Bank of America--will be held as a series of events leading up to Price's departure in mid-April. Price announced late last year his intentions to resign from his job as president and chief executive of the nation's largest community based organization devoted to assisting African Americans enter the social and economic mainstream and achieve parity and civil rights. "Hugh was an outstanding anchor and captain of the ship," said Michael J. Critelli, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Pitney Bowes Inc. and current chairman of the Board of the National Urban League. "The entire organization feels a tremendous sense of accomplishment in what he has been able to do." Price will be the guest of honor at luncheons of the Central, Eastern, Southern and Western Regional Associations of National Urban League affiliates, today, March 28, 2003 in Indianapolis and April 4, 2003 in Atlanta. The Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. will honor Price in a special ceremony at National Urban League headquarters, Tuesday evening, April 1st. National Urban League staff and friends and family of Price will pay final tribute at a reception on April 7, 2003 in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "When he started in 1994, Hugh was the right leader at the right time," said Jonathan S. Linen, vice chairman of American Express Co. and former chair of the National Urban League Board of Trustees. "His keen insight brought a new and timely sense of direction." Kenneth D. Lewis, chairman and CEO of Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and a former National Urban League Board chairman was equally laudatory laud·a·to·ry adj. Expressing or conferring praise: a laudatory review of the new play. laudatory Adjective (of speech or writing) expressing praise Adj. . "Hugh has always been a strong voice pushing our nation toward a more equitable future for all our citizens," said Lewis. "More important, he used his leadership skills at the National Urban League to turn our more noble thoughts and ideals into concerted, effective action for change. We will miss Hugh's leadership." The Urban League is conducting a nationwide search for a new president and CEO. The organization consists of over 100 affiliates in 34 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . It hopes to select the new president by spring. The Urban League is the nation's oldest and largest community-based movement empowering African Americans to enter the economic and social mainstream. The National Urban League, headquartered in New York City, spearheads the nonprofit, nonpartisan movement, while Urban League affiliates operate in more than 100 cities in 34 states and the District of Columbia. |
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