Bear Stearns Elects Wesley S. Williams, Jr. to the Board of Directors of the Corporation; Appointment Increases Board Of Directors To 12 Members.NEW YORK -- The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange :BSC (Binary Synchronous Communications) See bisync. ) announced today that Wesley S. Williams, Jr. has been elected to the Board of Directors of the Corporation. Mr. Williams is currently a partner at the law firm of Covington & Burling Burling may refer to:
This page or section lists people with the surname Burling. If an internal link for a specific person referred you to this page, you may wish to add the given name(s) to that and the co-chairman and co-chief executive officer, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the privately-owned Lockhart Companies, Inc. Through Lockhart and its many subsidiaries, he controls companies involved in real estate, insurance, finance and related businesses. Mr. Williams is the chairman of the Board of Directors of the Federal Reserve Bank of Richmond The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia . It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. , the chairman of the Board of Managers for Azimuth Trust Company LLC and a member of the executive committee and presiding independent director of CarrAmerica Realty Corporation. James E. Cayne, Bear Stearns chairman and chief executive officer, said, "We are extremely pleased to welcome Wes to the Bear Stearns Board of Directors. His leadership in the business, legal, academic and charitable communities combined with his great depth of knowledge of the financial markets make him a tremendous addition to an already strong Board. Wes' appointment underscores our commitment to maintaining a strong Board with highly qualified independent directors." Mr. Williams holds a bachelors degree (magna cum laude) from Harvard College, Cambridge, MA, a JD from Harvard Law School Harvard Law School (colloquially, Harvard Law or HLS) is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, Harvard Law is considered one of the most prestigious law schools in the United States. , Cambridge, MA, a LLM from Columbia University Law School, New York, NY and an honorary LLD from Virginia Union University History By late 1865, the American Civil War was over (which ended slavery in the former Confederate states) and slavery in the United States had officially ended in the Northern and border states as well with the adoption of the 13th Amendment to the U.S. Constitution. , Richmond VA. He is listed in The Best Lawyers in America, Who's Who in America, and Who's Who in American Law. In addition Mr. Williams has served in leadership roles in numerous charities and community organizations including the Smithsonian Institution, Family and Child Services of Washington and the Washington Lawyers Committee for Civil Rights Under Law. Founded in 1923, The Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm serving governments, corporations, institutions and individuals worldwide. With approximately $40.0 billion in total capital, the company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers prime broker and broker dealer clearing services, including clearing and securities lending. Headquartered 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. , the company has approximately 10,500 employees worldwide. For additional information about Bear Stearns, please visit our Web site at http://www.bearstearns.com. |
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