President Picks New PBGC Advisory Committee Members

The new members are:

• Matthew Fong, who will serve as chairperson and represent the interests of the public,
• Barry Wynn, and
• Betsy Atkins, who will both represent the interests of employers.

Messrs Fong and Wynn will serve for terms that expire in 2004, while Ms Atkins’s term will expire in 2003.

Matthew Fong

Mr Fong is president of Strategic Advisory Group, a director of the Rand Corporation Asia Advisory Board, a regent of Pepperdine University and a former California state treasurer.

He also has served as vice chairman of the California State Board of Equalization and as a trustee of the California Public Employees Retirement System and the California State Teachers Retirement System

Mr Fong holds a Bachelor of Science degree from the US Air Force Academy, a MBA from Pepperdine University, and a JD from Southwestern University.

Betsy Atkins

Ms Atkins is president and chief executive officer of Baja LLC, an independent venture capital firm. She is a cofounder of Ascend Communications Corp, and serves on the boards of directors of Lucent and Polycom.

She is a trustee of Florida International University and a graduate of the University of Massachusetts with a Bachelor of Arts degree.

Barry Wynn

Mr Wynn is president of Colonial Trust Co. His career as an investment banker also includes long service with Robinson-Humphrey Co.

Mr Wynn holds a Bachelor of Science degree from The Citadel and serves on the Board of Directors of the Spartanburg Technical College Foundation.

The PBGC is a federal corporation created under the Employee Retirement Income Security Act of 1974 to guarantee payment of basic pension benefits.

For more information on the PBGC, visit the agency Web site at www.pbgc.gov