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Directors Roster: In affiliation with Spencer Stuart -- a quarterly record of new director appointments. (Spencer Stuart/Directors & Boards Directors Roster).

ALLOTTING THEIR TIME to accommodate a new directorship is never easy, but it's manageable, say three executives interviewed by DIRECTORS & BOARDS for this edition's Directors Roster. They describe a balancing act of fine tuning their time management skills and being very particular about what directorship opportunities they take on. That involves knowing what's happening with a company before joining its board, having some sense of what's expected in terms of travel, and carefully selecting prospective board offers where contributing won't become burdensome.

Joining the board of Cigna Corp. is Fred Hassan, chairman and CEO of Pharmacia Corp. He is also a director of Avon Corp. He is joining the Cigna board for the same reason he joined the Avon board in 1999 -- because it is undergoing a turnaround, something which he has successfully accomplished at Pharmacia since he joined the company in 1997. "If a company is going through a stage where its CEO is very hands-on in turning a company around, then that CEO has to focus his attention on the immediate issues," he says. Hassan states that only after he successfully "put his own house in order" that he branched out to pursue outside board opportunities.

"As an active CEO, I really have to watch my time allocations very carefully," he says. And for that reason, any board invitation must meet his own criteria before he signs on. The first step is determining whether he can learn from the board experience. "If there is no learning, then I'm not helping my own company," he says. Hence, his continuing interest in mastering the mechanics and dynamics of corporate transformation.

His second determination is how much time the new commitment will demand. "That comes down to whether the company is a leader and is doing well in its own industry," says Hassan. "If so, it's unlikely the company will put a big drain on the board' He adds, "My philosophy is that a board should be concerned with governance, not management. Therefore, you don't want a board that's overinvolved with managing the company.

Hassan also tries to limit his directorships to companies that are on the East Coast (Pharmacia's headquarters is outside New York City), and he avoids companies that might be subject to litigation that would "involve intense board involvement." And any prospective offer must pass muster with his own company's board. He says of the Cigna board invitation: "In this instance, the board felt that the ROI -- the benefit of the extra learning -- would be worth it."

Joining the board of Cell Therapeutics is Vartan Gregorian, CEO of the prestigious Carnegie Corp. of New York, a nonprofit organization that provides educational endowments. Since 1990 he has also served as a director of McGraw-Hill Inc. A self-professed workaholic, Gregorian begins each day at 5 a.m. "I've found that only busy people have time to do things' he says, "because they prioritize what they have to do."

Gregorian says he has always been reluctant to take on outside directorships. He emphatically believes that his primary allegiance and responsibility is to Carnegie: "You must do justice to what's entrusted to you:' So what is most important to him is to join a board where he can learn something, where he has an interest in the products or services that the company offers, and where the experience will be of benefit to his own organization.

Gregorian manages his commitments by sticking to a few simple self-imposed rules, which include: joining boards only when he can guarantee 100 percent board attendance; being familiar with the history of the company; knowing who the key management members are and their value systems; concentrating on assignments for each given day and never feeling bogged down with what's going to happen in the following week; and limiting his speaking engagements.

He offers yet another tip for dealing with verbose individuals: "When I was president of Brown University, people would always start to explain something, and would not quickly come to the point until later, when they would say, 'By the way....' So now I say, 'Let's start with by the way first."'

Joining the board of Nike Inc. is Jeanne Jackson, CEO of Inc., the online retail division of Wal-Mart Stores. She is also a director of McDonald's Corp. Jackson advises anyone considering a board invitation to know what travel demands that company may have, a lesson she says she learned the hard way.

It was only after joining the McDonald's board that she learned that it holds one board meeting overseas. "In that case, you're not talking about only two days for a board meeting, but more like three or four by the time you tack on the travel time." With McDonald's earning 40% of its revenue from its international operations, Jackson acknowledges that "It would almost be irresponsible for a board member to have never visited a McDonald's overseas, because you have no idea of the challenges that are faced by those managers.

Even domestic travel, says Jackson, who is based on the West Coast, can be onerous, particularly if you're crossing time zones. She also suggests finding out about dates of events other than board meetings, where director attendance may not be mandatory, but nonetheless expected. McDonald's, she notes, hosts an annual franchisee meeting -- a "huge event" held in Orlando or Las Vegas. "To be an effective board member, do you have to be at the big company meetings to see the CEO rallying the troops?" Jackson asks. The answer is obvious: "Sure. Despite the extra travel, it's a very good event for directors to attend."
New Directors

October-December 2001

Companies adding new 121
Number of new directors 154
Category Number % of total

Senior Officers 39 26%
Chairman/CEOs 37 24
Finance 15 9
Not-for-Profit 15 9
Retired 12 8
Miscellaneous 12 8
Legal 10 7
Consultants 8 5
Academia 6 4

Total 154 100%

No. of Women 32 20%


RELATED ARTICLE: Irwin Katsof For board service, enterprising telecom firm IDT Corp. puts in a call to a man with special connections. (Director spotlight)

Kelly McCarthy

IT BEGAN AS an ordinary day for Rabbi Irwin Katsof. His schedule was jam-packed. He had an early morning meeting with White House staffers to promote Words Can Heal, his new anti-slander campaign. Later that afternoon he was scheduled to attend his first board meeting with IDT Ventures Inc., a subsidiary of billion-dollar telecommunications company IDT Corp. Only the day would not be ordinary. It was September 11.

As he was preparing to leave a Washington hotel, his pager went off. It was his contact from the White House. He returned the call but got no answer. Then a message alert from CNN appeared on his computer screen: "Plane Hits World Trade Center." Turning on the television, he watched in horror as the second building was hit. Within the hour the Pentagon was attacked. With the nation's capital temporarily shut down, and his first board meeting with IDT postponed, Katsof rented a car and drove home. Like most Americans, the only thing left in his power was to pray, something that he has plenty of experience in doing.

While a rabbi is not your typical corporate director, Katsof is not your typical rabbi. "I happen to be a rabbi who happens to be very connected in the business world," he says.

Connected he is. A revered religious teacher, respected businessman, and best-selling author, he is the executive director of the Jerusalem Fund of Aish Ha-Torah, an international Jewish educational outreach organization. There his responsibilities include creating new programs such as Words Can Heal, a national campaign with a mission to eradicate gossip and verbal violence ( It has attracted a who's who of Hollywood endorsers such as Goldie Hawn, Tom Cruise, and Bette Midler who serve on its board of advisers.

Katsof's connections extend to the country's leading politicians and business executives. Senators Joseph Lieberman and John McCain, along with Jack Kemp, are honorary chairpersons. Chief executives Alan Hassenfeld of Hasbro Inc., Peter Coors of Coors Brewing Co., and Henry Cisneros of American City Vista are also among the staunch supporters of his programs.

In addition, through the Jerusalem Fund, Katsof has brought many U.S. business and political leaders on trips to Israel to explore high-tech ventures and to promote good relations between America and Israel. Executives who have joined him in the past include Lennert Leader, president of AOL Investments, Andrew Neff, senior managing director of Bear Sterns, and Henry Kissinger. Former Israeli Prime Minister Benjamin Netanyahu, Lady Margaret Thatcher, and Delaware Sen. Joseph Biden Jr. have also made the trip to Israel and endorsed his programs. And he has been responsible for bringing some well-known Jewish people back to their roots. Actors such as Elliot Gould, Jason Alexander, and Kirk Douglas are just a few he has inspired.

IDT was founded by current chairman Howard Jonas in 1990, who has guided it from a start-up to a billion-dollar business in the course of 10 years. In November 2001 IDT Ventures, a subsidiary which was formed to identify promising media-related investment opportunities, acquired Talk America Radio Network, a syndicate with more than 600 radio stations, and will relocate the operation from Las Vegas to facilities now being constructed at IDT's headquarters in Newark, N.J. In December, IDT acquired Winstar Communications Inc., a provider of phone and data services that entered bankruptcy proceedings, for $43 million. There are also facilities in place and plans for cable broadcasting in the future.

Katsof's IDT appointment seems like a natural fit. Katsof and Jonas have similar principles. Both believe in high ethical business standards, and are committed to socially responsible causes: Katsof through his work at the Jerusalem Fund, and Jonas with his service on 20 charitable boards. And like Katsof, Jonas is deeply committed to the Jewish faith (the cafeteria at IDT is kosher). However, Jonas is quick to point out that his religious beliefs were not the basis for his appointing a rabbi to the board. "I don't like making a public association between religion and the company," says Jonas, adding, "This is not a house of worship -- it's a business."

Though telecoms in general were hit hard this past year, IDT is thriving. The company reported revenues of $1 billion for the fiscal year ending July 31, 2001, up 12.5% from fiscal 2000. Revenue for subsidiary IDT Ventures jumped to $17 million from $2 million. According to Jonas, IDT has "no debt, has over a billion dollars in cash, and has over $3 billion in paid-up assets." He also mentions the company has ranked on both the Forbes and Fortune lists of fastest-growing companies. Says Jonas, "The accolades have been nice, but it doesn't mean anything if you don't turn a profit."

Katsof joins the IDT Ventures board with Herb Tate, professor of energy policy at the New Jersey Institute of Technology, and Harvey Schiller, chairman and CEO of YankeeNets, the media company that owns the New York Yankees and New Jersey Nets. IDT Ventures is one of several subsidiaries, all of which have their own boards with outside directors. Where the units interrelate is that each of the subsidiary CEOs is a member of the parent board. A reason for structuring the subsidiaries with independent boards, says Jonas, is that "we are planning on taking those different subsidiaries public, and so far as they will be public companies we thought there should be outside directors on each of them."

While IDT Ventures is Katsof's first corporate board appointment, he is no stranger to the boardroom. With his Hollywood and Washington connections, he has created a high-profile, formidable board of advisers for Words Can Heal, where he serves as executive director. In addition, he is the founding board member of Media Watch International, an independent nonpartisan organization that promotes impartial media coverage of Israel and the Middle East. With his many contacts, Katsof feels that he can be helpful to IDT in "expanding its product base, becoming more profitable, and being more effective as a company."

Educated by the Jesuits at Loyola College in Montreal, Katsof graduated magna cum laude in 1978 with a psychology degree and a concentration in organizational management. After college he took a year off to travel the world. A visit to Israel quickly changed his life and became the basis for his renewed commitment to his religious heritage. He stayed, studying for three years at Aish HaTorah College of Jewish Studies in Jerusalem's Old City.

He returned to the U.S. in 1982 to launch the Los Angeles branch of Aish HaTorah. It would become one of the organization's most successful branches in helping to awaken Jewish people to their rich heritage. He organized "Let My People Know?' an international satellite broadcast exploring the fate of Jews in the former Soviet Union. The 1994 event attracted leading business leaders, politicians, and dignitaries, including Vice President Al Gore, Viacom Chairman Sumner Redstone, and Nazi hunter Simon Weisenthal. "Going to Israel got me in touch with the fact that it was important for me to have a close relationship with God," says Katsof, who was ordained in 1992.

His appeal has not been limited to the Jewish community alone. In 1998 he co-wrote a best-selling book with CNN's Larry King called Powerful Prayers: Conversations on Faith, Hope, and the Human Spirit with Today's Most Provocative People. Singer Willie Nelson, former President Jimmy Carter, football great Steve Young, and a number of business executives were among the roster of personalities who opened up to talk about God (see sidebar excerpt). Katsof then went on to publish another bestseller, How to Get Your Prayers Answered. "When I teach," Katsof says, "I am trying to give people a sense of their own inner potential. I am trying to lift people up to a connection with God, to give people an emotional experience of the beauty of the world, the vastness of the world, and the awesomeness of the creator. I have tried to get people in touch with their soul."

Helping others to feel connected to a higher power has taken on an urgent tone. Katsof confirms that the terrorism crisis has plunged many people into a spiritual crisis, forcing them to address the issue of what life is all about. Says Katsof, "No one on their death bed ever told me that they wished they had one more hour in the office, or cut one more business deal. When it comes time for eulogies, people tell me, 'My father was a good man, he quietly helped people who were poor.' Those are the things people want to be remembered by."

On prayer, with Larry King and Norman Augustine

Larry King writes: On the day I spoke with Norman Augustine, then the vice chairman and CEO of Lockheed Martin Corp., the Justice Department announced that it had problems with a proposed merger of this aerospace-industry giant with another giant, Northrop, and would oppose the deal on its potential of becoming a monopoly worth $35 billion. Augustine's company employs more than 177,000 people and builds everything from a replacement for the space shuttle to state-of-the-art aircraft to satellites to missiles.

Augustine told me that prayer is part of his life, but he had no words for God about the Justice Department:

"I didn't get up and say a prayer for it this morning. I knew it was going to happen and that it was a fait accompli. I try not to bother the Lord with things that will probably work their way out one way or another.

"I tend to say my prayers for things that are pretty overwhelming or life threatening. I suspect the Lord is very busy. But if it were a business issue that was threatening the company, like a hostile takeover, I probably would pray. And I have prayed during the waiting for a contract to be awarded. When they are really important to the company and not for personal gain, that's when I'll pray....

"I remember April 12, 1981, during the launch of Columbia, the first space shuttle. My company makes a major portion of the shuttle and so many people put so much of their lives into it. You watch friends of yours climb aboard - friends with families. You know that very little mistakes can have disastrous consequences, so during the end of the countdown I turn to prayer.

"Then, of course, when Challenger blew up I was praying that it wasn't us that caused it. That was a horrible day. Initially it looked like it was a part we built that caused the problem, but it turned out it wasn't. We build the large orange fuel tank for the shuttle and it worked just fine, but in the first few hours that wasn't what we were thinking. That was a bad day for the whole country.

"I have a prayer I learned in high school that I often say: 'Let us not be frightened by the problems that confront us but, rather, give thee thanks that thou has given us the opportunity to show our worth. And let us be part of the answers, not problems, of the people of our time.'

"There was a fraternity at my high school in Denver - that's the fraternity prayer. I thought it was poignant. I've said it a zillion times. I said it that day. I think the most important thing is to say what's on your mind. Be candid, because you can't fool the Lord."

From Powerful Prayers by Larry King with Rabbi Irwin Katsof, copyright (C)1998 by Larry King, published by Renaissance Books, Los Angeles, Calif.

Kelly McCarthy is a writer and editor who served as assistant editor of DIRECTORS & BOARDS from January 2000 to January 2002.

The Directors Roster

The Directors Roster is a detailed record of executives added to corporate boards. The Roster covers a three-month period prior to the publication of each edition of DIRECTORS & BOARDS. It includes companies of all sizes, from billion-dollar blue chips to smaller growth ventures, that have elected new outside directors. The tracking of director appointments and follow-up research is a joint undertaking by Spencer Stuart, a leading firm in executive and director search, and DIRECTORS & BOARDS.

The Roster is organized alphabetically by the company adding the new director(s). A company index leads off the Roster, for ease of scanning the universe of companies included in this listing. At the back of the Roster is a director index which lists all the new directors alphabetically along with the name of the company whose board they joined. The Director Index appears on pages 81-82.

Details included in each Roster entry are the address of the company adding the new director, the address of the director at his or her primary affiliation (when available and for public disclosure), a biographical note on each director, and a description of the businesses of both the company adding the new director and of the director's company. (Schools, universities, hospitals, etc., are not described.) For public companies, to give a sense of the size and scope of the enterprise, we also include revenues (or, in some cases, assets for banks and certain financial institutions.)

We welcome your announcements of new directors, and your inquiries on any matters related to the Directors Roster and director data. The direct number is (215) 405-6082.

Martin Porter, Editor


P.O. Box 245008

Milwaukee, WI 53224

has added to its board:

Ronald D. Brown

Chairman and CEO


2090 Florence Avenue

Cincinnati, OH 45206

Bio Notes: In present position since 2001. Joined Milacron in 1980. Age 48.

A.O. Smith manufactures electric motors and water-heating systems. Revenues are $2 billion. Milacron makes plastics processing and metalworking products. Revenues are $1 billion.


1345 Avenue of the Americas

New York, NY 10105

has added to its board:

Steven A. Ballmer

Chief Executive Officer


One Microsoft Way

Redmond, WA 98052

Dina Dublon

Chief Financial Officer


270 Park Avenue

New York, NY 10017

Robert Lipp

Senior Adviser


One Tower Square, 2 MS

Hartford, CT 06183

Blythe J. McGarvie

Chief Financial Officer


Paris, France

Sir Mark Moody-Stuart

Wulf von Schimmelmann

Chief Executive Officer



Bio Notes: Ballmer has been in his present position since 2000. Joined Microsoft in 1980, and has headed several Microsoft divisions, including operations, operating systems development, sales, and support. Age 45. Dublon has been in her present position since the 2001 merger of J.P. Morgan & Co. and Chase Manhattan Bank, where she had been EVP and CFO. Formerly held positions at Chemical Bank, which she joined in 1981. Age 48. Lipp served as chairman of Travelers Property Casualty, a unit of Citigroup Inc., until 2000. Joined Travelers Group Inc. in 1986 and served as its chairman and CEO from 1993-2000. From 1991-1993 had been chairman and CEO of CitiFinancial Credit Co. McGarvie joined BIC Group in 1999. From 1994-1999 served as SVP and CFO of Hannaford Bros. Co. Formerly held financial management positions at Sara Lee Corp., Kraft General Foods Inc., and PepsiCo Inc. Also is a director of Wawa Inc. Age 44. Moody-Stuart served as chairman of Royal Dutch/Shell Group from 1998-2001. Had also been chairman of Shell Transport & Trading Co. from 1997-2001. Has spent much of his career at Royal Dutch/Shell Group, serving in a variety of field and senior management positions throughout the world. Von Schimmelmann has nearly 25 years of management experience in the banking industry. Joined Deutsche Postbank in 1999. Previously had been a member of the board of managing directors at BHF Bank AG in Frankfurt. Earlier in his career he had been a partner at McKinsey & Co. Age 54.

Accenture provides management and technology consulting services. Revenues are $11 billion. Microsoft develops computer software. Revenues are $25 billion. J.P. Morgan Chase offers commercial and consumer banking and investment management services. Marsh & McLennan Capital, a unit of risk management and investment services firm Marsh & McLennan Cos., manages insurance industry investments. BIG manufactures writing instruments, disposable lighters, and shavers. Deutsche Postbank is one of the largest commercial banks in Germany.


10933 N. Torrey Pines Road

La Jolla, CA 92037

has added to its board:

Michael D. Ellwein

Vice President and Chief Development Officer


710 Medtronic Parkway

Minneapolis, MN 55432

Bio Notes: Leads the acquisition, alliance, and licensing activities at Medtronic.

Advanced Tissue develops replacement tissue for repairing damaged skin. Revenues are $27 million. Medtronic manufactures cardiovascular and other medical devices. Revenues are $5 billion.


3353 Peachtree Road N.E., Suite 1120

Atlanta, GA 30326

has added to its board:

Wyck A. Knox Jr.



1100 Peachtree Street, Suite 2800

Atlanta, GA 30309

Bill W. Shoptaw

Founder and CEO


3343 Peachtree Road N.E., Suite 1100

Atlanta, GA 30326

Bio Notes: Knox also serves as president of KR Holdings Inc. Previously served as chairman and CEO of Knox-Rivers Construction Co. Also is a director of AGL Resources Inc. and Thompson Oak Flooring Co. Age 61. Shoptaw founded Main American Capital LLC, a commercial mortgage company that was acquired by a division of General Motors Corp. in 1998. Age 54.

AHL Services provides outsourced marketing and staffing services. Revenues are $213 million. Kilpatrick Stockton is a law firm. Shoptaw Group is a real estate investment management company.


500 Technology Square

Cambridge, MA 02139

has added to its board:

Martin Coyne II

Executive Vice President


50 Tice Boulevard, 3rd Floor

Woodcliff Lake, NJ 07677

Naomi Seligman

Bio Notes: Coyne joined Kodak in 1986, and is group executive of the company's photography group, composed of the consumer imaging and digital and applied imaging units. He previously was president of its commercial business group, with responsibility for the health imaging, document imaging, entertainment imaging, and Kodak professional division. He has more than 30 years of experience in the health care industry, including the estabilishment of his own business, M.M. Coyne & Associates, a healthcare management consulting organization. Seligman is senior partner at Cassius Advisors Inc., which provides e-commerce partnering and consulting services. Previously served as senior partner of Ostriker von Simson Inc., an e-commerce consulting fim in New York. Formerly was senior partner of Research Board Inc., a think tank she founded in 1975 that analyzes information technology trends. Also is a director of Dun & Bradstreet Corp., Martha Stewart Living Omnimedia Inc., and Sun Microsystems Inc.

Akamai provides Internet content delivery and streaming media software and services. Revenues are $163 million. Kodak provides photographic and imaging supplies and equipment. Revenues are $13 billion.


250 Parkcenter Boulevard

Boise, ID 83726

has added to its board:

Bonnie G. Hill

Bio Notes: Retired in 2001 as president and CEO of the Times Mirror Foundation, and as SVP of communications and public affairs of the Los Angeles Times newspaper. Joined Times Mirror in 1997. Formerly served as dean of the McIntire School of Commerce at the University of Virginia. Also is a director of Home Depot Corp., AK Steel Holding Corp., Hershey Foods Corp., Niagara Mohawk Holding Corp., and ChoicePoint Inc.

Albertson's is a food and drug retailing company. Revenues are $38 billion.


201 Isabella Street

Pittsburgh, PA 15212

has added to its board:

Kathryn S. Fuller



1250 24th Street N.W.

Washington, DC 20037

Bio Notes: In present position since 1989. Joined World Wildlife in 1982. She formerly practiced law with the U.S. Department of Justice in the Land and Natural Resources Division where she headed the Wildlife & Marine Resources unit.

Alcoa manufactures aluminum products. Revenues are $23 billion. World Wildlife Fund is a nonprofit agency dedicated to the conservation of nature.


10435 Downsvllle Pike

Hagerstown, MD 21740

has added to its board:

Ted J. Kleisner

President and Managing Director


300 W. Main Street

White Sulpher Springs, WV 24986

Bio Notes: Has significant management experience in the hotel and lodging industry, including a 20-year career at Greenbrier Resort Management. Previously held management positions at Albert Pick Hotel Corp., Hilton Hotels Corp., Boca Raton Resort & Club, and the Southampton Princess hotel in Bermuda. Has been recognized for his achievements in the hotel industry, receiving the "Independent Hotelier of the World" award in 1993 from Hotels magazine.

Allegheny is an energy company. Revenues are $8 billion. Greenbrier operates hotels and resorts.


160 Clairemont Avenue, Suite 200

Decatur, GA 30030

has added to its board:

Thomas E. Boland

Bio Notes: Retired in 1994 as chairman and EVP of Wachovia Bank of Georgia, where he had a 40-year career.

Allied Holdings provides logistics, distribution, and transportation services to the automotive industry. Revenues are $926 million.


1200 12th Avenue S., Suite 1200

Seattle, WA 98108

has added to its board:

Mark S. Hansen

Chairman and CEO


1945 Lakepoint Drive

Lewisville, TX 75029

Bio Notes: Served as president and CEO of the Sam's Club unit of Wal-Mart Stores Inc. from 1997-1998. From 1989-1997 held a variety of senior management positions, including president and CEO of PETsMART Inc. is an online retailer of books, music, and household goods. Revenues are $2 billion. Fleming is a food, drugs, and specialty merchandise distributor and retailer. Revenues are $15 billion.


805 W. Idaho, Suite 200 Boise, ID 83702

has added to its board:

Thomas A. Volini

Chairman, President, and CEO TOWN & COUNTRY UTILITIES INC.

3990 Garfield Street Gary, IN 46408

Bio Notes: Also is president of Midwestern Electric Inc. Previously had been chairman and COO of Continental Waste Industries Inc. Had also served as president of E&E Hauling Inc. and American Environmental Construction Co. Formerly had been VP of several units of Waste Management of North America.

American Ecology provides hazardous waste disposal services. Revenues are $51 million. Town & Country is a utility company.


7337 W. Washington Street Indianapolis, IN 46231

has added to its board:

Claude E. Willis

Bio Notes: Has been in private dental practice in Indianapolis for 29 years. Has been named one of the "Top Dentists in America" by the Consumers Research Council of America.

Amtran is an airline company. Revenues are $1 billion.


One Busch Place St. Louis, MO 63118

has added to its board:

General Henry H. Shelton

Bio Notes: Retired in October 2001 as Chairman of the Joint Chiefs of Staff after serving for 30 years in the U.S. military.

Anheuser-Busch is a beer brewery. Revenues are $13 billion.


2579 Midpoint Drive Fort Collins, CO 80525

has added to its board:

Warren L. Troupe

Senior Partner


370 17th Street, Suite 5200 Denver, CO 80202

George J. Vuturo

Bio Notes: Troupe is co-chair of Morrison & Foerster's corporate group. He focuses his practice on corporate and securities law and M&A. Has represented numerous companies in a wide range of financings, restructurings, equity offerings, and acquisitions. Vuturo has more than 23 years of management experience in the pharmaceuticals industry. Is co-founder and managing partner of Designing Solutions LLC, a health care services company that specializes in providing education programs to health care providers. Formerly served as VP of Lederle Laboratories Inc.

Atrix is a specialty pharmaceuticals company focused on drug delivery technologies. Revenues are $13 million. Morrison & Foerster is a law firm.


1345 Avenue of the Americas New York, NY 10105

has added to its board:

W. Don Cornwell

Chairman and CEO

GRANITE BROADCASTING CORP. 767 Third Avenue New York, NY 10017

Bio Notes: In present position since founding Granite Broadcasting in 1988. Previously spent 17 years at Goldman, Sachs & Co., where he served as COO of the firm's corporate finance department and VP of the investment banking division. Also is a director of CVS Corp. and Pfizer Inc. Age 53.

Avon manufactures cosmetics and skin care products. Revenues are $6 billion. Granite Broadcasting operates TV stations. Revenues are $120 million.


225 Main Street Menasha, WI 54952

has added to its board:

Ursula M. Burns


Document Systems & Solutions Group


800 Long Ridge Road Stamford, CT 06904

Bio Notes: In current position since October 2001. As president of Xerox's Document Systems & Solutions Group, she heads the largest global division of the company. Joined Xerox in 1980 as a mechanical engineer. Also is a director of Hunt Corp. and PQ Corp. Age 43.

Banta provides printing, electronic media, and supply chain management services. Revenues are $1 billion. Xerox manufactures photocopiers and other office equipment. Revenues are $18 billion.


550 S. Wisconsin Street Gaylord, MI 49734

has added to its board:

Richard A. Noelke

Deputy Director


400 Monroe Street, Suite 320 Detroit, MI 48226

Bio Notes: In present position since 1997. Formerly had served as a trustee of the retirement fund for 10 years.

Big Buck operates microbrewery restaurants. Revenues are $18 million. Wayne County Employees' is a retirement investment fund.


220 Hickory Street

Warren, PA 16366

has added to its board:

Ronald L. Ramseyer

President of Direct Marketing


2500 E. Kearney

Springfield, MO 65898

Bio Notes: Joined Bass Pro Shops in 2001. Has more than 31 years of management experience in the direct-marketing field. Previously had served as president and CEO of Macy's by Mail Inc. and as SVP of direct marketing at Talbot's Inc. Had also held management positions at Sears, Roebuck & Co., including catalog marketing manager and national catalog advertising manager.

Blair is a direct-mail marketer of apparel and home products. Revenues are $640 million. Bass Pro Shops sells outdoor recreation equipment and apparel. Revenues are $990 million.


100 N. Riverside Plaza

Chicago, IL 60606

has added to its board:

W. James McNerney Jr.

Chairman and CEO


3M Center

St. Paul, MN 55144

Bio Notes: In present position since 2001. From 1997-2000 served as president and CEO of the aircraft unit of General Electric Co., which he joined in 1982. Formerly held brand management positions at Procter & Gamble, and had been a senior manager at McKinsey & Co. Age 52.

Boeing manufactures commercial and military aircraft. Revenues are $51 billion. 3M is a diversified manufacturer of electronic, health care, office, and consumer products. Revenues are $17 billion.


100 Phoenix Drive

Ann Arbor, MI 48108

has added to its board:

Amy B. Lane

Bio Notes: Most recently headed the retail group of the investment banking division of Merrill Lynch & Co. Previously spent eight years at Salomon Brothers and 12 years at Morgan Stanley & Co. Had been a board member of Borders from 1995-1999, and had acted as an adviser to the company during its initial public offering in 1995. Age 48.

Borders Group operates book and music stores. Revenues are $3 billion.


100 Sylvan Road, Suite 100

Woburn, MA 01801

has added to its board:

Gerald McGowan

Bio Notes: Is a telecommunications industry veteran with more than 25 years of experience in the field. Most recently had served as U.S. Ambassador to Portugal since 1997. Formerly was a founding principal of the Washington, D.C.-based law firm of Lukas, McGowan, Nace & Gutierrez, where he practiced telecommunications law for more than 20 years. Age 55.

Boston Communications provides transaction processing, billing, and payment services for wireless telecommunication providers. Revenues are $71 million.


55 E. Camperdown Way

Greenville, SC 29601

has added to its board:

L. Jacques Menard

Bio Notes: Serves as chairman of BMO Nesbitt Burns, an investment banking firm, and president of Bank of Montreal Group of Cos. in Quebec. Is also vice chairman of Gaz Metropolitan Inc. Also a director of RONA Inc. Age 55.

Bowater is a newsprint maker. Revenues are $2 billion.


1801 Bayberry Court, Suite 200

Richmond, VA 23226

has added to its board:

Edward B. Hutton

Bio Notes: Since 2000 has served as president of GT Media, which has investment interests in radio stations and information technology companies, and also provides consulting services in the publishing and education fields. Previously served as CEO of Lippincott, Williams & Wilkins. Formerly held various management positions at Waverly Inc., Simon & Schuster, and Harper & Row.

Cadmus provides content management and production services to the scientific, technical, and medical publishing industries. Revenues are $510 million.


1434W. 11th Street

Los Angeles, CA 90015

has added to its board:

David Grano

Bio Notes: Most recently served as president and CEO of Card Capture Services Inc., an automated teller machine (ATM) distributor. Previously spent 10 years working in the wireless communications field, holding marketing and sales positions at Nextel Communications Inc. and US West Cellular.

Cash Technologies develops ATMs and other e-commerce systems. Revenues are less than $1 million.


201 Elliot Avenue W., Suite 400 Seattle, WA 98119

has added to its board:

Vartan Gregorian President


437 Madison Avenue New York, NY 10022

Bio Notes: In present position since 1997. Previously served for nine years as president of Brown University. Formerly had been president of the New York Public Library, where a first floor hail of its landmark building is named in his honor. Also is a director of McGraw-Hill Cos.

Cell Therapeutics develops cancer treatments. Revenues are less than $1 million. Carnegie is a grant-making foundation.


2728 N. Harwood Dallas, TX 75201

has added to its board:

Thomas M. Schoewe Executive Vice President and CFO


702 S.W. Eighth Street Bentonville, AR 72716

Bio Notes: Had spent a 14-year career at Black & Decker Corp., where he most recently served as SVP and CFO. Formerly spent 12 years at Beatrice Cos., where he was CFO and controller of the company's Beatrice Consumer Durables Inc. unit. Age 49.

Centex operates homebuilding, home services, and real estate investment businesses. Revenues are $7 billion. Wal-Mart operates discount and warehouse stores. Revenues are $191 billion.


755 W. Big Beaver Road, Suite 800 Troy, MI 48084

has added to its board:

James Grosfeld

Bio Notes: Spent an 18-year career at Pulte Homes Inc., serving as its CEO from 1974-1990. Formerly served as house counsel at Goodbody & Co., an investment banking and brokerage firm.

Championship Auto organizes the FedEx Championship Series of worldwide auto races. Revenues are $70 million.


One Liberty Place Philadelphia, PA 19102

has added to its board:

Fred Hassan Chairman and CEO


100 Route 206 N. Peapack, NJ 07977

Joseph M. Magliochetti Chairman and CEO


4500 Dorr Street Toledo, OH 43615

Bio Notes: Hassan has more than 25 years of management experience in the pharmaceuticals industry. In present position since 2000, when Pharmacia was formed through the merger of Pharmacia & Upjohn Inc. and Monsanto Co. Before the merger had served as CEO of Pharmacia & Upjohn, which he joined in 1997. Formerly was EVP of American Home Products Corp., and had spent 17 years at Sandoz Pharmaceuticals Corp. Also is a director of Avon Products Inc. Age 55. Magliochetti has been CEO of Dana since 1999 and chairman since 2000. Has a 33-year career at the company. Also is a director of Bellsouth Corp. Age 57.

Cigna provides insurance and employee benefit services. Revenues are $20 billion. Pharmacia is a pharmaceuticals company. Revenues are $18 billion. Dana manufactures automotive systems and parts. Revenues are $12 billion.


2800 Campus Drive Plymouth, MN 55441

has added to its board:

Thomas G. Hudson Chairman, President and CEO


6000 Nathan Lane N. Minneapolis, MN 55442

Bio Notes: Has served as president and CEO of Computer Network Technology since 1996 and as chairman since 1999. Formerly had been SVP of McGraw-Hill Cos. and had spent 25 years at IBM Corp., where he served in a number of management positions. Age 54.

Ciprico manufactures disk array storage products for computer systems. Revenues are $33 million. Computer Network provides computer networking products and services. Revenues are $173 million.


1221 Broadway

Oakland, CA 94612

has added to its board:

Gary Michael

Jan Murley

Group Vice President of Marketing


2501 McGee Street

Kansas City, MO 64108

Bio Notes: Michael retired in April 2001 after serving 10 years as chairman and CEO of Albertson's Inc., where he had a 35-year career. Also is a director of Questar Inc. and Boise Cascade Corp. Age 61. Murley has been in her present position since 1999. Is responsible for Hallmark's North American marketing, strategic planning, business development, and corporate brand management operations. Formerly spent 20 years at Procter & Gamble Co., where she held various marketing and brand management positions.

Clorox manufactures laundry and cleaning products. Revenues are $4 billion. Hallmark manufactures greeting cards. Revenues are $4 billion.


516 W. 34th Street

New York, NY 10001

has added to its board:

Sally F. Kasaks

Bio Notes: Currently is a consultant specializing in marketing and retailing. From 1992-1996 was chairman and CEO of Ann Taylor Stores Inc. Served as president and CEO of Abercrombie & Fitch from 1989-1992, and chairman and CEO of Talbot's Inc. from 1985-1988. Also is a director of Pacific Sunwear of California Inc., Cortefiel SA, White House Inc., Tuesday Morning Inc., and The Children's Place Inc.

Coach manufactures handbags and other leather goods. Revenues are $635 million.


250 W. Pratt Street

Baltimore, MD 21201

has added to its board:

Edward J. Kelly III

President and CEO


Two Hopkins Plaza

Baltimore, MD 21203

Robert J. Lawless

Chairman, President and CEO


18 Loveton Circle

Sparks, MD 21152

Bio Notes: Kelly has been in his present position since March 2001. Previously served as managing director and head of the global financial institutions group at J.P. Morgan & Co. Formerly was a partner at the law firm of Davis Polk & Wardwell in Washington, D.C. Also is a director of Hartford Financial Services Group and Adams Express Co. Lawless has been chairman of McCormick since 1999, CEO since 1997, and president since 1996. Joined the company in 1977. Also is a director of Carpenter Technology Corp. Age 55.

Constellation Energy is an electric power and gas company. Revenues are $3 billion. Mercantile Bankshares provides banking, investment management, and insurance services. Assets are $5 billion. McCormick manufactures spices and seasonings. Revenues are $2 billion.


10 Burton Hills Boulevard

Nashville, TN 37215

has added to its board:

John R. Horne

Chairman, President and CEO


4201 Winfield Road

Warrenville, IL 60555

Charles L. Overby

Chairman and CEO


1101 Wilson Boulevard

Arlington, VA 22209

Bio Notes: Home has been chairman of Navistar since 1996 and president and CEO since 1995. Previously served in various executive management positions at the company, including COO, corporate VP, and general manager of Navistar's engine and foundry group. Is also a director of Internet Corp. Age 64. Overby has been in his present position since 1997. Previously spent 16 years at Gannett Co., where he served as a reporter, editor, and corporate executive. He is a former Pulitzer Prize-winning editor.

Corrections Corp. provides corrections facility construction and management services. Revenues are $973 million. Navistar is a truck manufacturer. Revenues are $8 billion. The Freedom Forum is a nonprofit organization dedicated to the protection of the First Amendment and free speech.


4500 Park Granada

Calabasas, CA 91302

has added to its board:

Gwendolyn S. King



1025 Connecticut Avenue N.W., Suite 1012

Washington, DC 20036

Bio Notes: In present position since 2000. From 1992-1998 served as SVP of corporate and public affairs for PECO Energy Co., a Philadelphia-based electric utility where she directed government and media relations. Formerly served as Commissioner of the Social Security Administration, and was also Deputy Assistant to former President Bush and director of intergovernmental affairs for the White House under President Reagan.

Countrywide provides insurance products and mortgage lending services. Assets are $10 billion. Poduim Prose is a speakers bureau and speechwriting service.


One Crown Way

Philadelphia, PA 19154

has added to its board:

Hughes du Rouret

Bio Notes: Has extensive international business experience. Had served in Europe and Africa during a 36-year career at Royal Dutch/Shell Group. Until 2000 had been chairman and managing director of Shell France. In May 2001 he was appointed Counselor to the French Minister of Foreign Trade. Age 63.

Crown Cork & Seal manufactures containers and other consumer packaging products. Revenues are $7 billion.


5900 Lake Ellenor Drive

Orlando, FL 32809

has added to its board:

David H. Hughes

Chairman and CEO


20 N. Orange Avenue, Suite 200

Orlando, FL 32801

Bio Notes: Has served at Hughes Supply for nearly 40 years. Was named president in 1972, CEO in 1974, and chairman in 1986. Also is a director of SunTrust Banks Inc. and Brown & Brown Insurance. Age 58.

Darden operates casual-dining restaurants. Revenues are $3 billion. Hughes Supply is a wholesale distributor of construction and industrial supplies. Revenues are $3 billion.


One Digex Plaza

Beltsville, MD 20705

has added to its board:

Gregory J. Clark

Edith E. Holiday

Bert C. Roberts Jr.



500 Clinton Center Drive

Clinton, MI 39056

Bio Notes: Clark most recently served as vice chairman of Knowledge Universe, a parent company to a diverse group of management consulting and educational services companies. From 1998-1999 was president and COO of Loral Space & Communications Ltd. From 1994-1998 served as president of the technology group division of News Corp. Formerly spent 12 years at IBM Corp. Also is a director of Nextera Enterprises Inc. Holiday has served in various U.S. government positions for more than 15 years, including Secretary of the Cabinet from 1990-1993 and General Counsel to the U.S. Department of Treasury from 1989-1990. Also is a director of Amerada Hess Corp., Hercules Inc., H.J. Heinz Cos., Beverly Enterprises Inc., RTI International Metals Inc., Canadian National Railway Co., and Triton Energy Ltd. Roberts has been in his present position since WorldCom merged in 1998 with MCI Communications Corp., where he had been chairman since 1992. Also is a director of News Corp.

Digex provides Web and application hosting services. Revenues are $217 million. WorldCom is a communications company. Revenues are $35 billion.


6339 Paseo del Lago

Carlsbad, CA 92009

has added to its board:

James J. Costello

Director of Corporate Business Development XEROX CORP.

800 Long Ridge Road

Stamford, CT 06904

Bio Notes: Has spent a 26-year career at Xerox. Currently is responsible for worldwide business development and M&A activities at the company.

Document Sciences develops document automation software. Revenues are $23 million. Xerox manufactures photocopiers and other office equipment. Revenues are $18 billion.


526 S. Church Street

Charlotte, NC 28202

has added to its board:

James T. Rhodes

Bio Notes: Has more than 30 years of management experience in the energy industry. Retired in 2001 as chairman, president and CEO of the Institute of Nuclear Power Operations, an Atlanta-based organization dedicated to promoting the highest levels of safety and reliability at the nation's nuclear power plants. Formerly served 26 years at Virginia Power where he was president and CEO, and earlier held positions at the nuclear division of Martin Marietta Corp.

Duke is an energy company that provides electric and natual gas services. Revenues are $50 billion.


1280 Landmeier Road

Elk Grove Village, IL 60007

has added to its board:

Frederic Brace

Senior Vice President and CFO UNITED AIRLINES INC.

1200 E. Algonquin Road

Elk Grove Township, IL 60007

Paul McGlinn

Bob Wagner

Bio Notes: Brace has held a number of senior management positions at United, including VP of finance. Formerly held management positions at American Airlines Inc. McGlinn has 18 years of experience in the finance industry. Most recently served as managing director of EP Power Finance, a unit of El Paso Corp. Previously had been SVP of Heller Financial Inc., and had also served as VP in the transportation and industrial funding unit of GE Capital Corp. Formerly was an assistant VP at EDS Financial Corp. Wagner has more than 35 years of experience in the investment and commercial banking industries. He most recently served as a managing director of Arthur Andersen. Formerly had been a managing director at Bankers Trust Corp. and at Bear, Stearns & Co. Is also a director of Comfort Systems USA Inc. and Blue Dolphin Energy Co.

Electric City develops energy-saving products and electric switchgear. Revenues are $11 million. United Airlines is an airline company and a subsidiary of UAL Corp., which has revenues of $18 billion.


Lilly Corporate Center

Indianapolis, IN 46285

has added to its board:

Martin Feldstein



1050 Massachusetts Avenue

Cambridge, MA 02138

Bio Notes: Also serves as the George F. Baker Professor of Economics at Harvard University. From 1982-1984 served as chairman of the Council of Economic Advisers and as chief economic adviser to President Reagan. Also is a director of American International Group Inc., TRW Inc., and HCA Inc.

Eli Lilly is a pharmaceuticals company. Revenues are $12 billion. National Bureau of Economic Research is a nonprofit research organization that specializes in nonpartisan studies of the American economy.


35 Parkwood Drive

Hopkinton, MA 01748

has added to its board:

Windle B. Priem

Vice Chairman


200 Park Avenue, 37th Floor

New York, NY 10166

Bio Notes: Has spent the past 25 years at Korn/Ferry serving in numerous positions, including president and CEO. He led Korn/Ferry's initial public offering in 1999. Age 64.

EMC manufactures data storage systems and software. Revenues are $8 billion. Korn/Ferry is an executive recruitment firm. Revenues are $654 million.


10305 102nd Terrace

Sebastian, FL 32958

has added to its board:

Robert S. Adams

Vice President


435 Devon Park Drive

Wayne, PA 19087

Bio Notes: In present position since 1999. Joined Safeguard Scientifics in 1997. Formerly served in the entrepreneurial services unit of Ernst & Young. Also has experience in the semiconductor and media and entertainment industries. Also is a director of ThinAirAps, NexTone Communications, and RealTIME Media.

eMerge Interactive provides online information and services for livestock producers. Revenues are $1 billion. Safeguard develops and operates emerging technology companies. Revenues are $1 billion.


2956 Waterview Drive

Rochester Hills, MI 48309

has added to its board:

Donald Paul

Vice President and CTO


575 Market Street

San Francisco, CA 94105

Greg M. Vesey

President of Technology Ventures


Bio Notes: Paul joined Chevron in 1975 and has held various executive management positions at the company, including president of Chevron Petroleum Technology Co. and president of Chevron Canada Resources Ltd. Age 55. Vesey had been an accountant for Getty Oil Co. from 1980 until the company's acquisition by Texaco Inc. in 1984. In 1999 he was appointed assistant to the chairman of Texaco. In 2001 he was named as one of Computer World magazine's Premier 100 IT Leaders. Age 43.

Energy Conversion manufactures products that generate and store power and store information electronically. Revenues are $84 million. It is a strategic partner with ChevronTexaco. ChevronTexaco is the second-largest U.S. oil company. Revenues are $117 billion.


1400 Smith Street

Houston, TX 77002

has added to its board:

William C. Powers



727 E. Dean Keeton Street

Austin, TX 78705

Raymond S. Troubh

10 Rockefeller Plaza, Suite 712

New York, NY 10020

Bio Notes: Powers holds the John Jeffers Research Chair in Law and the Hines H. Baker & Thelma Kelley Baker Chair in Law at the university, which he joined in 1978. Troubh is a financial consultant and has been a non-executive director of more than 25 public companies. Also is a director of Starwood Hotels & Resorts Worldwide Inc., HealthNet Inc., Diamond Offshore Drilling Inc., Triarc Cos., and Gentiva Health Services Inc.

Enron is an electricity and natural gas trader and marketer. (It filed for Chapter 11 bankruptcy protection in December 2001.)



3621 5. State Street, 695 KMS Place

Ann Arbor, MI 48108

has added to its board:

Ronald M. Cresswell

Bio Notes: Retired in 1999 as SVP and chief scientific officer of Warner-Lambert Co. Joined the company in 1988 as president of research and development of its Parke-Davis pharmaceutical research division. Previously spent a 20-year career at Burroughs Wellcome. Is also a director of Allergan Inc. and Curagen Corp.

Esperion develops drugs that remove cholesterol from clogged arteries. Revenues are less than $1 million.


P.O. Box 877

Dubuque, IA 52004

has added to its board:

Robert E. Deignan



130 F. Randolph Drive

Chicago, IL 60601

Bio Notes: Has a 37-year career at Baker & McKenzie. Specializes in real estate law.

Flexsteel makes upholstered furniture. Revenues are $278 million. Baker & McKenzie is a law firm.


200 E. Randolph Drive

Chicago, IL 60601

has added to its board:

Thomas M. Hamilton

Chairman and CEO


2500 City West Boulevard, Suite 1400

Houston, TX 77042

Bio Notes: In present position since 1997. Previously served as EVP of Pennzoil Co. Had formerly served as EVP of exploration at Standard Oil Co. prior to its 1987 merger with British Petroleum. Formerly held various management positions at Exxon Corp.

FMC Technologies, which was recently spun off from parent company FMC Corp., manufactures oil and gas equipment and other specialty industrial systems. Revenues are $1.9 billion. EEX is an oil and natural gas exploration and production company. Revenues are $233 million.


1000 Columbia Avenue

Linwood, PA 19061

has added to its board:

John C. Culver

Senior Partner


1050 Connecticut Avenue N.W.

Washington, DC 20036

Julie Nixon Eisenhower

Bio Notes: Culver has been in his present position since 1981, and has served on the firm's executive committee and lead its government relations practice. Served 10 years representing Iowa in the U.S. House of Representatives, where he served on the Foreign Affairs Committee and chaired the Subcommittee on Foreign Economic Policy. In 1974, was elected to the U.S. Senate, where he served on the Armed Services Committee and chaired the Subcommittee on Research & Development. Age 69. Eisenhower is an editor, author of several books, and public speaker who has lectured extensively throughout the U.S. Served as assistant managing editor of the Saturday Evening Post, where she was instrumental in establishing a book division for the Post's parent corporation. She serves on the board of the Richard Nixon Presidential Library and in an advisory capacity at the Nixon Center, a bipartisan foreign policy think tank in Washington, DC.

Foamex manufactures flexible polyurethane foam and foam products. Revenues are $1 billion. Arent Fox is a law firm.


Highway 50 and Aerojet Road

Rancho Cordova, CA 95670

has added to its board:

James J. Didion

Bio Notes: Is currently an independent investor in commercial real estate properties. Had served as chairman and CEO of CB Richard Ellis Inc., a commercial real estate company, until 1999.

GenCorp manufactures defense systems and automotive components. Revenues are $1 billion.


600 301 Boulevard W., Suite 202

Bradenton, FL 34205

has added to its board:

Darcy Bradbury

Senior Adviser


630 Fifth Avenue, Suite 2750

New York, NY 10111

Bio Notes: Has spent a 20-year career in finance and government. From 1997-2000 had served as a managing director at Deutsche Bank, where she was instrumental in the turnaround of the firm's global institutional services division. From 1993-1996 served in the U.S. Treasury Department, first as the deputy assistant secretary for federal finance and then as assistant secretary for financial markets.

Gevity HR, formerly Staff Leasing Inc., provides human resources services. Revenues are $3.1 billion. Mezzacappa Management is an investment firm.


85 Broad Street

New York, NY 10004

has added to its board:

Meg Whitman

President and CEO


2145 Hamilton Avenue

San Jose, CA 95125

Bio Notes: In present position since 1998. From 1997-1998 served as general manager of the preschool division of Hasbro Inc. Formerly had been president and CEO of FTD Inc., and from 1992-1995 had held executive management positions in the children's group at Stride Rite Corp. From 1989-1992 held various senior positions at Walt Disney Co. Formerly served as VP of Bain & Co.

Goldman, Sachs is an investment banking firm. Revenues are $33 billion. eBay is an online auction service. Revenues are $663 million.


690 Asylum Avenue

Hartford, CT 06115

has added to its board:

Charles B. Strauss

President and CEO

Unilever U.S. Inc.


390 Park Avenue

New York, NY 10022

Bio Notes: In present position since 2000. Joined Unilever in 1986. Age 58.

Hartford Financial provides insurance, employee benefits administration, and asset management services. Revenues are $14.7 billion. Unilever U.S. is a division of Unilever, the British/Dutch packaged consumer goods firm, which has revenues of $44.8 billion.


2500 DeKaIb Pike

East Norriton, PA 19401

has added to its board:

James L Hopkins

Bio Notes: Has more than 20 years of experience in the computer industry. Most recently served as chairman and CEO of Micrografx. Had served as SVP of finance and strategic planning at 3dfx Interactive Inc., and as VP of strategic marketing and CFO at STB Systems Inc. Formerly had been a managing director at Hoak, Breedlove, Wesneski & Co., an investment banking and financial services firm.

Healthaxis develops software for the health care industry. Revenues are $44 million.


20 N. Orange Avenue, Suite 200 Orlando, FL 32801

has added to its board:

Toni Jennings



1030 Wilfred Drive Orlando, FL 32803

Amos R. McMullian

Chairman and CEO


1919 Flowers Circle Thomasville, GA 31757

Rio Notes: Jennings has nearly 25 years of state government experience. She was elected to the Florida State House of Representatives in 1976 and to the State Senate in 1980. In 1996 she was the first woman to be elected president of the Florida Senate, and is the only person to have served in that capacity for two consecutive terms. McMullian has been in his present position since 1981. He has a 39-year career at Flowers Foods. Age 64.

Hughes Supply is a wholesale distributor of construction and industrial supplies. Revenues are $3 billion. Jack Jennings & Sons is a family-owned construction and general contracting company. Flowers Foods sells fresh baked goods to retail and food service customers. Revenues are $1 billion.


520 Broad Street Newark, NJ 07102

has added to its board:

Michael J. Levitt

Bio Notes: Previously had been a partner at Hicks, Muse, Tate & Furst Inc. Currently serves as chairman of Ilios Capital LLC, a private investment firm. Age 42.

IDT Corp. is a telecommunications company. Revenues are $2 billion.


520 Broad Street Newark, NJ 07102

has added to its board:

Rabbi Irwin Katsof

Executive Director


156 W. 56th Street, Suite 1201 New York, NY 10019

Harvey Schiller

Chairman and CEO


45 Rockefeller Plaza, 26th Floor New York, NY 10111

Herb H. Tate

Professor of Energy Policy


University Heights Newark, NJ 07102

Bio Notes: Katsof previously established the Los Angeles branch of Aish HaTorah, an international network of Jewish educational centers. Co-authored the best-selling book Powerful Prayers, with CNN's Larry King, and How to Get Your Prayers Answered. Schiller previously held various positions at Turner Broadcasting System Inc. Tate had served as the president of the New Jersey Board of Public Utilities. Previously he had been the assistant administrator for enforcement of the U.S. Environmental Protection Agency.

IDT Ventures is a unit IDT Corp., a $2 billion telecommunications company. Jerusalem Fund is a fund-raising organization that supports the educational projects of Aish Ha Torah. YankeeNets is a holding company that owns the New York Yankees, the New Jersey Nets, and the New Jersey Devils sports teams.


10883 Thornmint Road

San Diego, CA 92127

has added to its board:

David R. Loesch

Bio Notes: Recently retired as assistant director of the criminal justice information services division of the U.S. Federal Bureau of Investigation, where he had a 30-year career. Formerly served as an officer in the U.S. Army.

ImageWare develops software that enables law enforcement agencies to manage and share criminal history records. Revenues are $13 million.


5445 Corporate Drive, Suite 200 Troy, MI 48098

has added to its board:

Richard J. Peters



13400 Outer Drive W. Detroit, MI 48239

Rio Notes: Joined Penske in 1986 and has held various positions at the company, including president and CEO of Penske Motorsports Inc. and CFO of Penske Corp.

Intermet manufactures castings for automakers. Revenues are $865 million. Penske is a diversified transportation and automotive services company. Revenues are $11 billion.


1641 Popps Ferry Road Biloxi, MS 39532

has added to its board:

Jeffrey D. Goldstein

Chairman and CEO


2117 State Street Bettendorf, IA 52722

Rio Notes: Has been with Alter Barge for 30 years, representing the fourth generation of family ownership in Alter Co.

Isle of Capri owns and operates casinos. Revenues are $1 billion. Alter Barge is a transportation company.


5757 N. Green Bay Avenue

Milwaukee, WI 53201

has added to its board:

Jeff Joerres

President and CEO


5301 N. Ironwood Road

Milwaukee, WI 53217

Bio Notes: Joined Manpower in 1993 as VP of marketing. Became CEO in 1999. Age 41.

Johnson Controls manufactures automotive systems. Revenues are $18 billion. Manpower provides staffing services. Revenues are $10.8 billion.


1600 Technology Way

Latrobe, PA 15650

has added to its board:

Ronald M. DeFeo

Chairman, President and CEO


500 Post Road E., Suite 320

Westport, CT 06880

Bio Notes: Joined Terex in 1992 as president of the company's heavy equipment group and was named president of Terex Corp. the following year. Formerly was an SVP and managing director of Tenneco Inc.'s construction equipment business in Europe. Earlier he had spent 10 years at Procter & Gamble Co. serving in various brand-management positions. Also is a director of United Rentals Inc. Age 49.

Kennametal manufactures metal-cutting tools and mining and highway construction equipment. Revenues are $1 billion. Terex manufactures construction and mining equipment. Revenues are $2 billion.


50 W. San Fernando Street, Suite 1500

San Jose, CA 95113

has added to its board:

John E. Warnock

Bio Notes: In 1982 co-founded Adobe Systems Inc. and became co-chairman and CEO, a position he held until he retired in 2000. Had helped grow Adobe into one of the largest software companies in the U.S. Formerly was principal scientist at Xerox Palo Alto Research Center. Age 61.

Knight-Ridder is a newspaper publishing company. Revenues are $3 billion.


11600 E. 53rd Avenue, Unit D

Denver, CO 80239

has added to its board:

Randy Stein

Bio Notes: Spent a 20-year career at PricewaterhouseCoopers LLP, where he served as one of its principals. Previously had been an executive officer of a Fortune 1000 oil and gas company. Is also a director of Westport Resources Corp.

Koala designs children's goods and toys. Revenues are $59 million.


1676 International Drive

McLean, VA 22102

has added to its board:

Alice M. Rivlin

Henry Cohen Professor of Urban Management and Policy

Milano Graduate School


72 Fifth Avenue, Room 601

New York, NY 10011

Bio Notes: Also is a Senior Fellow in the economics studies program and co-director of the Greater Washington Research Program of the Brookings Institution. From 1996-1999 served as vice chair of the Federal Reserve Board, and was director of the White House Office of Management and Budget from 1994-1996. She has also taught at Harvard and George Mason Universities.

KPMG provides management and technology consulting services. Revenues are $3 billion.


2 Circle Star Way

San Carlos, CA 94070

has added to its board:

Christopher J. Bowick

SVP of Engineering and CTO


1400 Lake Hearn Drive

Atlanta, GA 30319

Bio Notes: Joined Cox in 1998 as VP of technology development. Previously had served as group VP of technology and CTO at Jones Intercable Inc. Had also served as VP of engineering at Scientific-Atlanta Inc. and as a design engineer at Rockwell International Corp.

Liberate develops communications software. Revenues are $60 million. Cox provides cable TV and telecommunication services. Revenues are $3.5 billion.


224 E. Douglas, Suite 700

Wichita, KS 67202

has added to its board:

Tommy LaSorda

Senior Vice President


1000 Elysian Park Avenue

Los Angeles, CA 90012

Michael A. Ledeen

Resident Scholar

Freedom Chair


1150 17th Street N.W.

Washington, DC 20036

Mark Saltzgaber



Pier 1, Bay 2

San Francisco, CA 94111

Bio Notes: LaSorda has been in his present position since 1998. Has a 52-year career with the Dodgers organization, including 20 years as the Dodgers' manager. In 2000 he was named to manager the U.S. Olympic Baseball Team, which won the Gold Medal just five days after celebrating his 73rd birthday. In 1997, he was eleced to the National Baseball Hall of Fame. Ledeen also serves as vice chairman of the U.S. China Commission. Has significant government relations experience. Under President Reagan he was a consultant to the National Security Adviser, the Office of the Secretary of Defense, and the State Department. He contributes frequently to the Wall Street Journal, the Weekly Standard, and the National Review. He is the author of 12 books, including most recently Tocqueville on American Character. Saltzberger is an investment banker and founding member of Dorset, which was established in 1999. Is active in evaluating investment opportunities with particular emphasis on the foodservice industry. Previously se rved as managing director in the equity capital markets department of Montgomery Securities, which he joined in 1992. He had served as co-director of the firm's restaurant group from 1994-1996.

Lone Star operates a restaurant chain. Revenues are $587 million. LA Dodgers is a professional baseball team. American Enterprise Institute is a nonprofit organization dedicated to preserving and strengthening the foundations of freedom through scholarly research. Dorset is a private investment firm.


LTX Park at University Avenue Westwood, MA 02090

has added to its board:

Richard S. Hill

Chairman and CEO


4000 N. First Street, San Jose, CA 95134

Bio Notes: Has been CEO of Novellus since 1993 and chairman since 1996. Previously served at Tektronix Inc., where he held numerous senior management positions. Formerly held engineering management positions at General Electric Co., Motorola Corp., and Hughes Aircraft Co.

LTX is a semiconductor test equipment maker. Revenues are $261 million. Novellus manufactures semiconductor production equipment. Revenues are $1 billion.


Marriott Drive, Washington, DC 20058

has added to its board:

Bio Notes: Began her career at General Mills Inc. Most recently served as president of Kraft Foods Inc.'s beverages, desserts, and Post divisions. In 1998 was named one of the 50 Most Powerful Women in American Business by Fortune magazine. Also is a director of General Electric Co. and Honeywell International Inc.

Marriott is a hotel and lodging services company. Revenues are $19 billion.


333 Continental Boulevard, El Segundo, CA 90245

has added to its board:

Kathy B. White

Executive Vice President and CIO


7000 Cardinal Place, Dublin, OH 43017

Bio Notes: Began her career in the information technology field as an associate professor of information technology at the University of North Carolina. In 1993 joined AlliedSignal Corp. as VP of information systems and services. Joined Baxter International as CIO and VP in 1995. Was named SVP and CIO of Allegiance Corp. when it was spun off from Baxter in 1996. In 1999, when Allegiance merged with Cardinal Health, she was named to her present position. Was named one of the "Top 25 American Businesswomen" by Forbes magazine in 2001 and one of the top 10 CIOs in the U.S. by Information Week magazine.

Mattel is a toy manufacturing company. Revenues are $5 billion. Cardinal is a wholesaler of pharmaceuticals and hospital supplies. Revenues are $38 billion.


1010 Wisconsin Avenue N.W., Washington, DC 20007

has added to its board:

Leslie R. Doggett



1050 17th Street N.W., Suite 950, Washington, DC 20036

D. Ellen Shuman

Vice President and CIO


437 Madison Avenue, New York, NY 10022

Bio Notes: Doggett has 22 years of management experience in the hospitality industry. Is the former deputy assistant secretary for tourism industries at the International Trade Administration, where she served as the nation's highest-ranking federal tourism official. Also had served as director of the New York City Mayor's Office of Tourism. Shuman oversees the management of Carnegie Corp's $2 billion portfolio. She is the first to serve Carnegie in a sole investment capacity. Formerly she served as director of investments at Yale University, where she had responsibility for the endowment's real estate investments and capital markets activities. In addition, during her almost 15 years at Yale, she taught several courses on finance and investments at the Yale School of Management.

MeriStar is a hotel management company. Revenues are $583 million. Walker Marchant is an advertising and public relations firm. Carnegie is a grant-making foundation.


One Madison Avenue

NewYork, NY 10010

has added to its board:

Catherine R. Kinney

President and Co-COO


11 Wall Street, 6th Floor, New York, NY 10005

Bio Notes: In present position since January 2002. Previously served as group EVP in charge of overseeing the NYSE'S competitive position and relationships with its listed companies, member firms, and institutions. Joined NYSE in 1974, and has held senior positions in a number of areas at the exchange, including regulation, sales and marketing, and technology planning.

MetLife is an insurance and financial services company. Revenues are $32 billion. NYSE is a securities exchange.


1900 E. Ninth Street Cleveland, OH 44114

has added to its board:

Gerald L. Shaheen

Group President


100 N.E. Adams Street Peoria, IL 61629

Bio Notes: In present position since 1998. Joined Caterpillar in 1967. Also is a director of UtiliCorp.

National City is a financial services holding company. Revenues are $9

billion. Caterpillar manufactures construction and agricultural machinery. Revenues are $20 billion.


2900 Semiconductor Drive Santa Clara, CA 95052

has added to its board:

Steven R. Appleton

Chairman, President, and CEO


8000 5. Federal Way Boise, ID 83707

Bio Notes: Joined Micron in 1983 and has held various executive management positions at the company, including VP of manufacturing and COO. In present position since 1994. Age 41.

National Semiconductor manufactures semiconductors. Revenues are $2 billion. Micron designs semiconductor memory products. Revenues are $4 billion.


2001 Edmund Halley Drive Reston, VA 20191

has added to its board:

J. Timothy Bryan

Rio Notes: Has 18 years of telecommunications and financial management experience. Is CFO of Eagle River Inc., the private holding company for the telecommunications investments of Craig O. McCaw, which include Nextel. Previously served as president and CFO of United Pan-Europe Communications. Also served as CFO of United GlobalCom, treasurer of Jones Intercable Inc., and VP of NationsBank Corp.

Nextel provides wireless communication services. Revenues are $7 billion.


One Bowerman Drive Beaverton, OR 97005

has added to its board:

Jeanne P. Jackson

Chief Executive Officer


7000 Marina Boulevard Brisbane, CA 94005

Bio Notes: In present position since 2000. Previously had served since 1995 as president and CEO of the Banana Republic division of The Gap Inc. Had also been CEO of Gap Inc. Direct, responsible for managing the Gap's e-commerce operations and the Banana Republic catalog. Formerly was EVP and general merchandise manager of Victoria's Secret Stores Inc., and had held various management positions at Walt Disney Co. and Saks Fifth Avenue. Has been recognized as one of Business Week's "Top 25 Managers of the Year." Also is a director of McDonald's Corp.

Nike manufactures athletic footwear. Revenues are $9 billion. is the Internet division of Wal-Mart Stores Inc., a retailer with revenues of $191 billion.


5555 Anglers Avenue, Suite 16 Fort Lauderdale, FL 33312

has added to its board:

Alan Greenberg

Bio Notes: Currently serves as chairman and managing partner of Greenberg Ventures LLC, a private equity firm. Previously had served as founder and chairman of Greenberg News Networks. Formerly had been publisher of Esquire magazine. Is also a director of LearningSoft Corp.

Nimbus provides private jet travel services. Revenues are $11 million.


5101 Shady Oak Road Minnetonka, MN 55343

has added to its board:

John R. Eickhoff

Executive Vice President and CFO


3311 E. Old Shakopee Road Minneapolis, MN 55425

Bio Notes: Has spent a 38-year career at Ceridian and its predecessor company, Control Data, where he held various executive management positions, including CFO.

Norstan provides telecommunication systems and services. Revenues are $285 million. Ceridian is a diversified information services company. Revenues are $1 billion.


2100 Rexford Road, Charlotte, NC 28211

has added to its board:

Clayton C. Daley

Chief Financial Officer


One Procter & Gamble Plaza, Cincinnati, OH 45202

Bio Notes: In present position since 1998. Has a 27-year career at the company.

Nucor manufactures industrial steel products. Revenues are $4 billion. Procter & Gamble manufactures household, personal care, and food products. Revenues are $40 billion.


21700 Atlantic Boulevard, Dulles, VA 20166

has added to its board:

Roderick M. Hills



1200 19th Street N.W., Suite 201, Washington, DC 20036

Bio Notes: In present position since 1987. Is also a partner in the law firm Hills & Sterns. Previously he served as chairman of the Securities & Exchange Commission, founder and partner of Munger, Tolles & Hills, and partner at Latham, Watkins, & Hills. He also taught at Harvard University's Law School and Yale University's School of Organization and Management.

Orbital develops space systems, satellites, and launch vehicles. Revenues are $374 million Hills Enterprises is an international consulting firm that manages investments in emerging markets.


8383 Seneca Turnpike, New Hartford, NY 13413

has added to its board:

James A. Simms

Managing Director


60 State Street, Boston, MA 02109

Bio Notes: Since 1997 has directed the firm's mergers and acquisitions group. Has extensive M&A experience, with a focus on high-technology deals.

PAR Technology designs data processing systems and develops software. Revenues are $113 million. Adams, Harkness is an investment banking firm that specializes in emerging growth companies.


1401 Enclave Parkway, Suite 600, Houston, TX 77077

has added to its board:

John W Gibson

President and CEO


15150 Memorial Drive, Houston, TX 77079

Bio Notes: In present position since 2000. Formerly was an exploration geophysicist at Gulf Oil Co., and had been manager of geophysical and geological subsurface imaging for Chevron Co.'s oil field research unit.

Parker is an oil and gas drilling company. Revenues are $490 million. Landmark Graphics, unit of Halliburton Co., provides software and services for the oil and gas industry.


105 Corporate Park Drive, White Plains, NY 10604

has added to its board:

Joyce F. Brown



Seventh Avenue and 27th Street, New York, NY 10001

Bio Notes: In present position since 1998. Previously was a professor of clinical psychology at the Graduate School and University Center of the City University of New York (CUNY). From 1983-1992 served CUNY in numerous capacities, including acting president of Bernard Baruch College. Formerly had been Deputy Mayor of the City of New York in the Dinkins administration. Also is a director of Polo Ralph Lauren Corp.

Paxar makes merchandise identification and tracking systems for the retailing industry. Revenues are $610 million.


701 Market Street, St. Louis, MO 63101

has added to its board:

James R. Schlesinger


Board of Trustees


7515 Colshire Drive, McLean, VA 22102

Blanche M. Touhill



8001 Natural Bridge Road, St. Louis, MO 63121

Bio Notes: Schlesinger also serves as counselor to the Center for Strategic & International Studies. Served as U.S. Secretary of Energy from 1977-1979. He also served as chairman of the U.S. Atomic Energy Commission, director of the Central Intelligence Agency, and U.S. Secretary of Defense. Touhill also serves as professor of history and education at the university. In present position since 1991. She had previously served as vice chancellor for academic affairs since 1987. She began her career in education at Queens College, City University of New York. In 1997, she was named the St. Louis Citizen of the Year.

Peabody is a coal mining company. Revenues are $1 billion. MITRE is a nonprofit company that provides systems engineering, research and development, and information technology services to the U.S. government.


45 William Street, Wellesley, MA 02481

has added to its board:

Vicki L. Sato



130 Waverly Street

Cambridge, MA 02139

Bio Notes: In present position since 2000. Previously served as VP of research at Biogen Inc. Had also been director of research at Angenics Inc. From 1975-1982 served as assistant and associate professor of biology at Harvard University. Is the author of more than 30 published medical reports and the holder of several patents. Also is a director of Infinity Pharmaceuticals.

PerkinElmer is a diversified technology product and services company. Revenues are $2 billion. Vertex is a biotechnology company. Revenues are $78 million.


2600 N. Central Avenue, Phoenix, AZ 85004

has added to its board:

William J. Post

Chairman and CEO


400 N. Fifth Street, Phoenix, AZ 85072

Bio Notes: In present position since 1999. Previously held various executive management positions at the company, including president and EVP. Joined Pinnacle West in 1973. Age 51.

Phelps Dodge is a mining company. Revenues are $4 billion. Pinnacle West is the holding company of Arizona Public Service Co., a supplier of electricity in Arizona. Revenues are 55 billion.


650 Madison Avenue, New York, NY 10022

has added to its board:

Arnold H. Aronson

Senior Adviser


650 Fifth Avenue, 30th Floor, New York, NY 10019

Bio Notes: Most recently served as a partner at Levy-Kerson-Aronson & Associates Inc. Throughout his 30-plus years in the retail industry he has served as CEO of Bullocks, Saks Fifth Avenue, Batus Retail Group, and Woodward & Lothrop/John Wanamaker.

Polo designs apparel, accessories, fragrances, and home furnishings. Revenues are $2 billion. Kurt Salmon is a management consulting firm that specializes in the retailing, consumer products, and health care industries.


601 W. Riverside Avenue, Suite 1100 Spokane, WA 99201

has added to its board:

Jerome C. Knoll

Vice President


18340 N.E. 76th Street, Redmond, WA 98073

Bio Notes: In present position since 1989. Had been the company's CFO from 1989-2000. Has also served as chairman and CEO of Marathon Industries Inc. since 2000. Previously was COO of a shipyard and a recreation vehicle manufacturing company.

Potlatch produces wood and paper products. Revenues are $2 billion. Genie manufactures material lifts, aerial work platforms, and booms. It is privately held.


2 N. 9th Street, Allentown, PA 18101

has added to its board:

Susan M. Stalnecker

Vice President of Finance and Treasurer


1007 Market Street, Wilmington, DE 19888

Bio Notes: In present position since 1998. Joined DuPont in 1976, and has held numerous financial management positions at the company. Formerly served three years as treasurer of Conoco (U.K.) Ltd.

PPL is an electric power company. Revenues are $5 billion. DuPont produces chemicals, specialty fibers, and biotechnology products. Revenues are $28 billion.


2801 Highway 280 S. Birmingham, AL 35223

has added to its board:

Susan Molinari

President and CEO


1401 K. Street N.W., Suite 400, Washington, DC 20005

Bio Notes: From 1990-1997 served as state representative of New York. In 1994 was elected vice chair of the Republican conference. Previously served as a network anchorwoman and later as the host of the political affairs program The Flipside with Susan Molinari.

Protective Life is a financial services and insurance company. Revenues are $2 billion. The Washington Group is a public affairs organization.


3925 Brookside Parkway Alpharetta, GA 30022

has added to its board:

J. Alexander Douglas Jr.

Executive Vice President and COO


One Coca-Cola Plaza

Atlanta, GA 30313

Bio Notes: In present position since 2000. Has management responsibility for Coca-Cola's concentrate business in North America, including national sales, consumer marketing, technical and quality services. Joined Coca-Cola in 1988. Began his career at Procter & Gamble Co.

Radiant manufactures point-of-sale systems for the retailing industry. Revenues are $100 million. Coca-Cola is a soft drink manufacturer. Revenues are $20 billion.


8333 Central Avenue Newark, CA 94560

has added to its board:

Michael J. Bush

President and CEO


745 Fifth Avenue, Suite 717 New York, NY 10151

Bio Notes: From 1995 to 2000 was EVP and COO of Movado Inc., a manufacturer and retailer of Movado, Concord, ESQ and Coach watches worldwide. Prior to Movado, he was SVP of strategic planning and marketing at Ross Stores from 1991-1995. Began his career at Bain & Co. in 1985. Age 40.

Ross operates discount apparel and home accessories retail stores. Revenues are $3 billion. Rally is a shoe manufacturer.


461 S. Milpitas Boulevard Milpitas, CA 95035

has added to its board:

Vernon E. Altman



1901 Avenue of the Stars, Suite 2000 Los Angeles, CA 90067

Bio Notes: Has a 28-year career at Bain. Founded a number of its major offices and practices. Focuses his consulting practice in the areas of the Internet economy, technology, telecommunications, consumer products, and retailing.

Roxio develops CD-recording software. Revenues are $131 million. Rain is a management consulting firm.


24025 Park Sorrento, Suite 400 Calabasas, CA 91302

has added to its board:

Roland A. Hernandez

Bio Notes: From 1995-2001 served as chairman and CEO of Telemundo Group, a Hispanic television and entertainment company. Prior to Telemundo, he was founder and president of Interspan Communications, a Los Angeles-based Spanish media services company.

Ryland is a homebuilding and mortgage finance company. Revenues are $2 billion.


One Town Center Road Boca Raton, FL 33486

has added to its board:

Steven E. Nielsen

Chairman, President, and CEO


First Union Center, Suite 500 Palm Beach Gardens, FL 33410

Bio Notes: Has been president and CEO of Dycom since 1999 and chairman since 2000. Joined Dycom in 1993. Age 38.

SBA provides communications infrastructure and antenna site leasing services to wireless service providers. Revenues are $227 million.


Dycom provides engineering and construction services to telecommunications and utility companies. Revenues are $760 million.

4 Landmark Square Stamford, CT 06901

has added to its board:

John W. Alden

Edward A. Lapekas

Bio Notes: Alden had a 35-year career at United Parcel Service of America Inc., where he was vice chairman from 1996 until his retirement in 2000. Also is a director of Barnes Group Inc. Age 59.

Silgan manufactures specialty package products. Revenues are $2 billion.

Lapekas has more than 30 years of experience in the packaging industry. Previously served as chairman and CEO of American National Can Group Inc., and had been a senior EVP and COO of Pechiney. Had also served as deputy chairman and COO of SchmalbachLubeca AG. Formerly spent 20 years at Continental Can Co. Age 58.


575 Maryville Center Drive St. Louis, MO 63141

has added to its board:

Paul Donovan

Senior Vice President and CFO


231 W. Michigan Street Milwaukee, WI 53201

Bio Notes: In present position since 1999. Previously served as EVP and CFO of Sunstrand Corp., which he joined in 1990. Age 53.

Solutia is a chemicals and fiber products company. Revenues are $3 billion. Wisconsin Energy is an electric, water, and gas utility company. Revenues are $4 billion.


One South Jersey Plaza, Route 54 Folsom, NJ 08037

has added to its board:

William J. Hughes

Of Counsel


50 W. State Street, Suite 1010 Trenton, NJ 08608

Bio Notes: Also is a Visiting Distinguished Scholar of Public Policy at the Richard Stockton College of New Jersey. Served as U.S. Ambassador to Panama from 1995-1998. Was formerly a 10-term U.S. Congressman representing New Jersey from 1975-1995. In 1996 the FAA Technical Center at Atlantic City International Airport was rededicated as the FAA William J. Hughes Technical Center in his honor.

South Jersey Industries is a natural gas utility company. Revenues are $852 million. Riker Danzig is a law firm.


225 N. Barranca Avenue, Suite 200 West Covina, CA 91791

has added to its board:

Linda Griego

Managing General Partner


644 S. Figueroa Los Angeles, CA 90017

Bio Notes: Also serves as president of Zapgo Entertainment Group, a television program producer. Previously served as interim president and CEO of Los Angeles Community Development Bank. Throughout her career has been active in government, economic, and entrepreneurial endeavors. Previously served as a former deputy mayor of Los Angeles under Mayor Tom Bradley. From 1994-1997 served as president and CEO of Rebuild LA, a nonprofit organization created in 1992 to spearhead a five-year riot recovery program for the city. In 1995 President Clinton appointed her to serve on NAFTA's North American Development Bank Community Adjustment Committee, where she served until 2000. Also is a director of Blockbuster Inc. and Granite Construction Inc. Age 53.

Southwest Water owns and operates water and wastewater facilities. Revenues are $109 million. Engine Co. No. 28 is a Los Angeles-based restaurant.


1450 McCandless Drive Milpitas, CA 95035

has added to its board:

Richard J. Agnich

Bio Notes: Spent a 28-year career at Texas Instruments Inc., where he held various executive management positions, including SVP, secretary, and general counsel from 1988-2000. Formerly served as chief of staff to Sen. John C. Tower of Texas.

ST Assembly provides semiconductor manufacturers with assembly and test services. Revenues are $267 million.


One Lillehei Plaza St. Paul, MN 55117

has added to its board:

Rick Devenuti

Vice President and CIO


One Microsoft Way Redmond, WA 98052

Stefan Widensohler

President and CEO


Frank C-P Yin

Professor and Chairman

Department of Biomedical Engineering


One Brookings Drive

Campus Box 1097 St. Louis, MO 63130

Bio Notes: Devenuti is responsible for Microsoft's worldwide internal technologies infrastructure, corporation information and internal business systems. Previously served as VP of worldwide operations. Joined Microsoft in 1987. Widensohler has expertise in the distribution of healthcare and products in the European market, with particular emphasis on the German healthcare market. He is a co-founder of Vamedis, a European Internet healthcare portal. Yin has been in his present position since 1997. A cardiologiest and engineer, he serves as director of the Institute for Biological and Medical Engineering and professor of medicine at the university. Previously served as professor of medicine and biological engineering at Johns Hopkins University School of Medicine.

St. Jude manufactures cardiac medical devices. Revenues are $1 billion. Microsoft is a software company. Revenues are $25 billion. Krauth is a European medical supply distributor.


1000 Stanley Drive

New Britain, CT 06053

has added to its board:

Derek V. Smith

Chairman, President and CEO


1000 Alderman Drive

Alpharetta, GA 30005

Bio Notes: Has served as president and CEO of ChoicePoint since the company went public in 1997. In 1999 was appointed chairman. Previously served as CFO of Equifax Inc.

Stanley manufactures tools and hardware. Revenues are $2 billion. ChoicePoint provides risk management and fraud prevention information. Revenues are $638 million


600 Fourth Street

Sioux City, IA 51102

has added to its board:

Martha O. Hesse

Bio Notes: Serves as president of Hesse Gas Co., which had been a nationwide marketer of natural gas to utilities, large industrial companies, and the federal government. The company was restructured in 1995 to function primarily as an energy investment vehicle. From 1986-1989 served as chairman of the U.S. Federal Energy Regulatory Commission, and later served as SVP of First Chicago Corp. Also is a director of Pinnacle West Capital Corp., Laidlaw Inc., Mutual Trust Cos., and AMEC PLC.

Terra Industries produces nitrogen fertilizer and methanol. Revenues are $1 billion.


15100 Trinity Boulevard

Fort Worth, TX 76155

has added to its board:

Kathy Misunas

Bio Notes: Most recently served as CEO of New York-based Brandwise LLC, an Internet-based comparison shopping service that was established in 1999. Formerly was CEO of SABRE Group and SVP of AMR Corp./American Airlines Inc. She was instrumental in the development of the travel industry's first online reservations system and in the formation of SABRE Interactive, which launched Travelocity. is an Internet-based travel reservation services company. Revenues are $300 million.


1900 Richmond Road

Cleveland, OH 44124

has added to its board:

Alan Baratz

Chief Executive Officer


3000 Bridge Parkway

Redwood Shores, CA 94065

Gregory Summe

Chairman, President and CEO


45 William Street

Wellesley, MA 02481

Bio Notes: Baratz joined Zaplet in his current position in 2000. Formerly served at E.M. Warburg, Pincus & Co., and had been president of the software products and platforms division at Sun Microsystems Inc. Had also held numerous senior management positions at IBM Corp. Age 46. Summe has been in his present position since 1999. Previously served from 1993-1998 at Allied Signal Inc. as president of the company's automotive products group. Formerly was a general manager of the commercial motors division of General Electric Co., and had spent nine years at McKinsey & Co. Age 45.

TRW manufactures automotive and aerospace and defense products. Revenues are $16 billion. Zaplet develops enterprise software company. It is privately held. PerkinElmer is a diversified technology product and services company. Revenues are $2 billion.


2210 W. Oaklawn Drive

Springdale, AR 72762

has added to its board:

Jo Ann R. Smith

Bio Notes: Has been president of Smith Associates, an agricultural marketing firm, since 1993. Had previously served as assistant secretary for marketing and inspection services for the U.S. Department of Agriculture since 1989. Had also served as president of the National Cattlemen's Beef Association and has chaired the Cattlemen's Beef Promotion & Research board. She was a director of IBP Inc., a meat packing company, until it was acquired by Tyson in 2001.

Tyson produces chicken and poultry-based food products. Revenues are $10 billion.


460 N. Gulph Road

King of Prussia, PA 19482

has added to its board:

Ernest E. Jones

President and CEO


1617 John F. Kennedy Boulevard

Philadelphia, PA 19103

Bio Notes: In present position since 1998. Previously was president and executive director of the Greater Philadelphia Urban Affairs Coalition from 1983-1998. Also served as executive director of Community Legal Services Inc., and is a former assistant district attorney of Philadelphia. Age 57.

UGI is a gas and electric utility company. Revenues are $1 billion. Philadelphia Workforce is a nonprofit organization that funds, coordinates, and implements employment and training activities in Philadelphia.


1301 Waters Ridge Drive

Lewisville, TX 75057

has added to its board:

Alastair John Bond Gunning

Bio Notes: A barrister, he presently serves as a consultant to Wakefield Quin, Barristers and Attorneys in Hamilton, Bermuda and as a consultant, general counsel, and director of various private aerospace and telecommunication companies. Previously served as special counsel to

American Risk Management Inc., and as Crown Counsel for Bermuda. Age 65.

Ultrak manufactures closed-circuit TV systems. Revenues are $171 million.


One E. Wacker Drive

Chicago, II 60601

has added to its board:

Ann E. Ziegler

Senior Vice President of Corporate Development


Three First National Plaza

Chicago, IL 60602

Bio Notes: In present position since 2000. Began her career at Sara Lee in 1993 as assistant counsel. Previously was with Skadden, Arps, Slate, Meagher & Flom.

Unitrin is an insurance company. Revenues are $2 billion. Sara Lee is a diversified manufacturer of food and beverages, intimate apparel, and household products. Revenues are $17.7 billion.


100 W. Putnam Avenue

Greenwich, CT 06830

has added to its board:

Patricia Diaz Dennis

Senior Vice President of Regulatory and Public Affairs


175 E. Houston

San Antonio, TX 78205

Bio Notes: Joined SBC in 1995. Previously held executive-level government and legal affairs positions at Sprint Corp., American Broadcasting Co., and Pacific Lighting Corp. Formerly served as assistant secretary of state for human rights and humanitarian affairs at the U.S. Department of State. Had also served as a commissioner of the Federal Communications Commission and as a member of the National Labor Relations Board. Is also a director of Massachusetts Mutual Life Insurance Co.

UST is a manufacturer and distributor of snuff and chewing tobacco. Revenues are $2 billion. SBC is a telecommunications company. Revenues are $46 billion.


20 W. Ninth Street

Kansas City, MO 64105

has added to its board:

Heidi E. Hutter

Bio Notes: Presently serves as CEO and a principal of newly formed Black Diamond Group LLC, a New York-based merchant bank. Has more than 20 years of experience in the property and casualty reinsurance field. From 1996-1999 had been chairman, president, and CEO of Swiss Reinsurance America Corp. Previously held a management position at Lloyd's of London. Formerly spent a 14-year career at Atrium Corp.

UtiliCorp provides wholesale energy marketing and trading services. Revenues are $42 billion.


1101 Third Street S.

Minneapolis, MN 55415

has added to its board:

Mae C. Jemison

Professor of Environmental Studies


Hanover, NH 03755

Bio Notes: In 1992 made history when she became the first African American woman to travel into space aboard the space shuttle Endeavor. In 1993 founded Jemison Group Inc., a private company based in Houston that works to promote science and technology education and application. She also heads a new company, BioSentient Corp., a medical technology company that develops mobile equipment worn to monitor the body's vital signs.

Valspar is a paint and coatings manufacturer. Revenues are $2 billion.


4895 Peoria Street

Denver, CO 80239

has added to its board:

David M. Risley

Senior Vice president and CFO


1284 N. Telegraph Road

Monroe, MI 48162

Bio Notes: In present position since 2001. Previously served as VP and CFO of AeroquipVickers Inc. Was formerly VP and controller of Heizer Corp., and had held various positions at TransUnion Corp. Began his career as a certified public accountant at Arthur Young & Co. Age 56.

Vari-L makes electronic components for communications equipment. Revenues are $41 million. La-Z-Boy is a furniture manufacturer. Revenues are $2 billion.


3120 Hansen Way

Palo Alto, CA 94304

has added to its board:

Richard U. De Schutter

Bio Notes: Has significant experience in the pharmaceuticals industry. Served as president and CEO of DuPont Pharmaceuticals Co. from 2000 until its acquisition by Bristol-Myers Squibb Co. in 2001. Previously had been vice chairman of Monsanto Co. and CEO of G.D. Searle & Co., a Monsanto subsidiary. Also is a director of ING Americas, General Binding Corp., Smith & Nephew PLC, and MedPointe Inc.

Varian manufactures scientific instruments and other equipment used in chemical analysis and medical and materials research. Revenues are $749 million.


1000 Marina Boulevard, Suite 200 Brisbane, GA 94005

has added to its board:

David W Beier



555 13th Street N.W.

Washington, DC 20004

Bio Notes: Is a renowned biotechnology policy expert. Had served as U.S. chief domestic policy adviser under President Clinton, and played an instrumental role in developing the Clinton administration's policies on biotechnology and technology issues. Formerly spent 10 years at Genentech Inc., where he served as VP of government affairs, responsible for developing the company's legislative strategies.

VaxGen is a biotechnology company focused on developing an AIDS vaccine. Revenues are less than $1 million. Formerly it had been the in-house AIDS vaccine research division of Genentech. Hogan & Hartson is a law firm.


1850 N. Central Avenue, Viad Tower Phoenix, AZ 85077

has added to its board:

Donald E. Kiernan

Bio Notes: Previously served as CFO of SBC Communications Inc. Formerly had been a partner at Arthur Young & Co., and its successor firm, Ernst & Young. Also is a director of BioNumerik Pharmaceuticals Inc. and Health Management Associates Inc. Age 61.

Viad provides convention, payment, and travel services. Revenues are $2 billion.


901 S. Mopac Expressway, Building 3 Austin, TX 78746

has added to its board:

Jeff Hawn

Senior Vice President


2101 City West Boulevard

Houston, TX 77042

Bio Notes: Joined BMC Software in 2000. Previously spent a 10-year career at McKinsey & Co. Formerly was with First Boston Corp.

Vignette develops integrated content management software. Revenues are $368 million. BMC Software develops enterprise management software. Revenues are $1 billion.


8300 E. Raintree Drive Scottsdale, AZ 85260

has added to its board:

Jack A. Henry

Frederick M. Pakis

Bio Notes: Henry had a 35-year career at Arthur Andersen. Also is a director of Simula Inc. and SOS Staffing Services Inc. Pakis co-founded JDA Software Inc., where from 1985-1999 he served in various management positions, including co-chairman, president, and co-CEO. From 1981-1985 has been a retail consulting manager at Touche Ross & Co. Formerly served as director of corporate planning at Sherwin Williams Co. Also is a director of Advanced Food Systems Inc.

Vodavi develops telecommunication systems. Revenues are $37 million.


One First Union Center Charlotte, NC 28288

has added to its board:

John D. Baker II

President and CEO


155 E. 21st Street Jacksonville, FL 32206

Bio Notes: Joined Florida Rock in 1974. Has been president since 1989 and CEO since 1996. Also is a director of Hughes Supply Inc. Age 52.

Wachovia is a banking and financial services company. It was formed in September 2001 through the merger of First Union Corp. and Wachovia Corp. Assets are $326 billion. Florida Rock produces concrete and cement products. Revenues are $702 million.


1001 Fannin Street, Suite 4000 Houston, TX 77002

has added to its board:

Carl W.Vogt

Senior Partner


801 Pennsylvania Avenue N.W. Washington, DC 20004

Bio Notes: In present position since 1998. In 1996 was appointed by President Clinton to the White House Commission on Aviation Safety and Security. Served as chairman of the National Transportation Safety Board under President George Bush Sr. from 1992-1994. Also is a director of Yellow Corp.

Waste Management provides waste removal and recycling services. Revenues are $11 billion. Fulbright & Jaworski is a law firm.


2665 S. Bayshore Drive, Suite 901 Coconut Grove, FL 33133

has added to its board:

Victor Lopez

Divisional Vice President


200W. Madison Chicago, IL 60606

Bio Notes: Has a 25-year career at Hyatt. Began his career as a coffee shop manager in Los Angeles. Age 51.

Watsco is a distributor of air conditioning, heating, and refrigeration equipment. Revenues are $1 billion. Hyatt operates hotels. Revenues are $3 billion.


701 First Avenue Sunnyvale, CA 94089

has added to its board:

Ronald W. Burkle

Gary L. Wilson



5101 Northwest Drive St. Paul, MN 55111

Bio Notes: Burkle is the founder and managing partner of Yucaipa Cos., an investment company. Also is a director of KB Home Corp. and Occidental Petroleum Corp. Age 48. Wilson has been in his present position since 1997. Previously had been co-chairman since 1991. From 1985-1990 served as CFO of Walt Disney Co., where he currently serves as a director. Age 61.

Yahoo! is an Internet news, communication, and commerce company. Revenues are $855 million. Northwest is an airline company. Revenues are $11 billion.
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Author:Porter, Martin
Publication:Directors & Boards
Geographic Code:1USA
Date:Jan 1, 2002
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Technology company boards: in search of the differences.
Has your company outgrown its board? Here's how to tell.
Directors Roster.
Directors Roster: in affiliation with Spencer Stuart -- a quarterly record of new director appointments. (Spencer Stuart/Directors & Boards Directors...
SSBI: audit committees are leading the change; The latest Spencer Stuart Board Index captures a compelling snapshot of the post-Sarbanes-Oxley shifts...

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