CEO Council Formed; Announces First Summit


WASHINGTON, Sept. 5, 2002 (PRIMEZONE) -- The CEO Council (www.ceocouncil.net), a newly formed non-profit association representing public companies, has affirmed its mission statement as a prelude to its first CEO Summit September 25th in Washington D.C., said Gerald N. Kern, the Council's interim Chair.

Said Kern, "The mission of the CEO Council is to provide a common voice and platform for officers and directors of public companies, and enable them to more effectively interpret and participate in the corporate governing and regulatory process to ensure compliance, to safeguard shareholder value and to clearly demonstrate a dedication to fair and ethical business practices." Kern elaborated, " Our motto is 'In the Public Interest'."

The newly formed CEO Council membership is hosting its first annual CEO Summit on September 25, 2002 in The Great Hall of the Historic Charles Sumner School Museum in Washington D.C. More information about the CEO Council and the upcoming CEO Summit can be found at www.ceocouncil.net.

Kern also said the CEO Council is announcing its board of directors. The following members of the CEO Council were elected to serve as the initial seven members of the board:


 Steve Crane, Long Beach, CA
 Stephen Day, Columbia, MD 
 Gayle Essary, Austin, TX  
 Dr. Janet Greeson, Las Vegas, NV
 Gerald Kern, Scottsdale, AZ
 Timothy S. Novak, Sarasota, FL
 Richard Mangiarelli, Vista, CA

The board will conduct officer elections at the Summit. More information about the CEO Council can be found at www.ceocouncil.net.



            

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