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JAMS/ENDISPUTE Names Steve Price New President and Chief Executive Officer.

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 11, 1997--The board of directors of JAMS/ENDISPUTE, the largest provider of alternative dispute resolution services in the United States, has appointed Steve Price as the new president and chief executive officer.

Price has extensive career experience with both private and public companies. He has held executive positions for 37 years in the fields of banking, consumer goods and services, publishing, and food and beverage.

Price began his career with General Foods Corp. in 1960, serving in the Maxwell House, Burger Chef, Corporate Development and Beverage Divisions. As corporate vice president and general manager, he conceived and introduced the successful new brand, Crystal Light, that became a $200 million-plus business.

He was appointed executive vice president and publisher of Newsweek Inc. in 1982, increasing circulation, annual revenues and profits. Price served at Citibank in the New York Retail Bank, North Asia Division in the Pacific Rim, and U.S. Consumer Business as senior vice president. At Citibank, he managed assets of $10 billion and improved earnings $100 million.

In 1995, Price was appointed president, chief executive officer and director of Crescent Jewelers Inc. He most recently served as Supercuts Inc.'s president and chief executive officer, where he quickly revitalized this publicly held hair care chain, resulting in a significant increase in net income and doubling stock price. As a result of his success, Regis Corp., a larger hair care salon operator, merged with Supercuts.

"There can be no doubt that American business and those private individuals engaged in a civil proceeding need prompt and efficient resolution of their disputes. Likewise, there is no other corporate ADR provider having the depth of talent and established business infrastructure to meet these growing needs. We are delighted that Price has agreed to serve as president and CEO and look forward to his directing JAMS/ENDISPUTE and ADR's business profile into the future," said JAMS founder, Judge H. Warren Knight.

Price holds a M.B.A. in marketing from Harvard Business School and is a graduate of Columbia College and Columbia Engineering School.

JAMS/ENDISPUTE has more than 30 offices nationwide and resolves approximately 20,000 cases annually. The company is exclusively served by over 360 neutrals, including former judges, experienced attorneys and other professional mediators and arbitrators. With more than 20 years of experience, JAMS/ENDISPUTE offers mediation, arbitration, private jury trials and other programs focused on particular areas of law and special dispute resolution needs, such as employment related disputes.

CONTACT: Freeman/McCue Public Relations

714/557-3663
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Publication:Business Wire
Date:Nov 11, 1997
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