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Nine Appointed to Board of Trustees

October 25, 2005

Nine civic and business leaders have been appointed to the Northwestern University Board of Trustees. They are:

Deborah Hartsough Brady, educational diagnostician

William M. Daley, Midwest Chairman of JP Morgan Chase & Co. and former U.S. Secretary of Commerce

Jay C. Hoag, CoFounder of Technology Crossover Ventures (TCV) and a venture capitalist and technology investor

David N. Kragseth, Vice President and Chief Contracts Officer for American Re-Insurance Company

Bill G. Lambert, one of the four founding partners of Wasserstein, Perella & Co., an investment banking firm

Wendy M. Nelson, Vice President of Real Estate for Carlson Restaurants Worldwide

M. Jude Reyes, Co-Chairman and one of the founders of Reyes Holdings, L.L.C., a privately held holding company for numerous businesses in beverage and food distribution

Paul L. Sagan, President and Chief Executive Officer of Akamai Technologies, Inc.

Julia A. Uihlein, Assistant Adjunct Professor of Bioethics and Pediatrics at the Medical College of Wisconsin

Deborah Brady has served as Activities Chair for the John Evans Club Board, and as the Chairman of her 40th Class Reunion. She continues as a member of the Weinberg College of Arts and Sciences Board of Visitors, as the Regent for Seattle, and as a member if the Board of the Seattle Alumni Club.

William Daley served as special counsel to President Clinton, coordinating issues relating to the passage of the North American Free Trade Agreement. In 1997, Clinton named Mr. Daley Secretary of Commerce, a post he held until he became chairman of Vice President Gore's presidential campaign. In November of 2001, Mr. Daley was appointed president of SBC Communications Inc. in 2002. In 2004, he became Midwest Chairman -- the senior executive across businesses -- of JP Morgan Chase following its merger with Bank One Corp.

Prior to TCV, Jay Hoag was a managing director at Chancellor Capital Management where he spent over 12 years as a technology focused venture capitalist and fund manager. In addition to generating industry leading performance managing public technology portfolios, he led private investments in Ascend Communications, CompUSA, Intuit, Macromedia, NETCOM, PictureTel, Pure Software, Sybase and many others.

David Kragseth, an attorney with more than 15 years of private and corporate experience in the insurance and reinsurance industry, has spent the last eight years specializing in reinsurance contracts.  He is a past president of the NU Club of the Twin Cities and the NU Club of Greater New York, as well as a past regional representative, Secretary, Vice President and President of NAA.

Prior to Wasserstein, Perella & Co. Bill Lambert worked at The First Boston Corporation, where he was a managing director in the firm's mergers and acquisition group.  He and his wife, Sheila, served as chairs of the Northwestern Parent's Fund for the past two years. 

In addition to her position at Carlson Worldwide Restaurants, which is included in the Carlson Hospitality Worldwide division of Carlson Companies, Wendy Nelson is a trustee of the Curtis L. Carlson Family Foundation. The foundation is named after her maternal grandfather who founded the Gold Bond Stamp Company, which has evolved into Carlson Companies Inc.

As an executive of Reyes Holdings, Jude Reyes has been in business with his brother, Chris, since 1976. Reyes Holdings, L.L.C. started out in beer distribution, expanding into foodservice distribution and also manufacturing. Reyes Holdings, L.L.C. is ranked among the top 20 largest privately held companies in the United States in 2005, doing over $7 billion in business.  Reyes Holdings, L.L.C. is the largest beer distributor in North America and owns and manages Martin-Brower Company, L.L.C., the largest distributor of McDonald's products worldwide.

Paul Sagan joined Akamai in 1998 and was elected to the Board of Directors in January 2005. He became CEO in April 2005.  Mr. Sagan previously served as senior advisor to the World Economic Forum from 1997 to 1998, consulting on information technology for the world's 1,000 foremost multinational corporations. In 1995, he was named president and editor of new media at Time Inc., a division of Time Warner, and worked in that role until 1997. He was a founder of Road Runner, the world's first broadband cable modem service, and Pathfinder, one of the Web properties that pioneered Internet advertising.

Julia Uihlein is vice president, secretary and director of the David and Julia Uihlein Charitable Foundation, Inc. The foundation has donated gifts to a variety of organizations, principally in the Milwaukee area but also including Northwestern University.  She is a trustee for the Medical College of Wisconsin and has served for over 22 years as a director of the Children's Health System, Inc. in Milwaukee.

Three trustees have been named Life Trustee in recognition of their service.  They are James J. O’Connor, Jerry M. Reinsdorf and John W. Rowe.