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TRW Chairman Joseph T. Gorman heads 1995 U.S. Savings Bonds Volunteer Committee.

WASHINGTON--(BUSINESS WIRE)--Dec. 7, 1994--Joseph T. Gorman, Chairman and Chief Executive Officer, TRW Inc., has been named chairperson of the 1995 U.S. Savings Bonds Volunteer Committee. The appointment, by Secretary of the Treasury Lloyd Bentsen, took effect today at the Committee's annual Washington meeting. Mr. Gorman succeeds 1994 national chairperson William Ferguson, Chairman and CEO of NYNEX Corporation, New York.

Mr. Gorman will lead the 1995 savings bond campaign through a committee of top business and government executives representing leading American industries and major metropolitan areas. The committee leads the national volunteer effort in support of the U.S. Savings Bond Program. More than 7.2 million individuals buy bonds through the payroll savings plan.

Mr. Gorman became Chairman and Chief Executive Officer of Cleveland-based TRW in December 1988, after serving as president and chief operating officer since January 1985. He has been a director of the company since 1984. Mr. Gorman joined TRW in 1968 as a member of the company's legal department.

Mr. Gorman is a member or director of several international, business and economic groups. He is chairman of the Business Roundtable's Education Task Force and the Defense Industry Initiative Steering Committee. He is the immediate past chairman of the U.S. - Japan Business Council and the U.S. government's Industry Policy Advisory Committee. Mr. Gorman is one of three U.S. appointees to the Japan Import Board and was previously the vice chairman of the U.S. - Canada Automotive Select Panel. He is a director of The Procter & Gamble Company and the Aluminum Company of America and is a member of the advisory board of BP America Inc.

He has held several leadership positions in Ohio and the Cleveland area, including service as the 1994 Cleveland Geographic Chairman of the U.S. Savings Bonds Volunteer Committee.

(For a list of members of the 1995 U.S. Savings Bonds Volunteer Committee, contact Peter Hollenbach at 202/219-3302.)

CONTACT: Department of the Treasury, Bureau of the
 Public Debt, Washington, DC
 Peter Hollenbach, 202/219-3302
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Publication:Business Wire
Date:Dec 7, 1994
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