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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 13, 1993

PRESIDENT NAMES TATE TO HEAD R.T.C.

The President announced today that he will nominate Florida businessman Stanley Tate to be the Chief Executive Officer of the Resolution Trust Corporation.

"Under the leadership of Deputy Treasury Secretary Roger Altman we have instituted a program of reforming RTC's operations that is already beginning to take hold," said the President. "With his deep understanding of real estate markets and abiding commitment to public service, Stanley Tate will continue that process of saving the taxpayers money."

Tate is a real estate businessman who owns several investment and building companies in Florida. Before forming his own holding company in 1986, he was President and Chief Operating Officer of King International Corporation, and Chairman of the Board of Ryerson & Hayes Incorporated. In addition, Tate is a past Mayor and member of the City Council of Bay Harbor Islands, Florida for almost 20 years, who served on the Board of Directors of the Florida League of Cities. He is also involved in numerous professional and charitable organizations. He holds a B.S. from the University of Florida, and also undertook graduate study there, as well as at Columbia University and New York University.

Tate and his wife, the former Joanne Greenwood, have three children and six grandchildren. He is 65 years old.

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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 13, 1993

EIZENSTAT TO SERVE AS ENVOY TO E.C.

The President nominated Washington lawyer Stuart E. Eizenstat today to be the Representative of the U.S. to the European Community, with the rank of Ambassador.

"Stuart Eizenstat has been an important, and highly respected, voice in national and international policy debates for many years, and I have frequently found his advice to be invaluable," said the President. "As our country's representative to the European Community, he will ensure that our interest are well represented as the process of change continues on that continent."

Eizenstat is Chairman of the Washington office of the Atlanta law firm of Powell, Goldstein, Grazer & Murphy, and an Adjunct Lecturer at the John F. Kennedy School of Government. From 1977-81 he was President Carter's chief domestic policy advisor. He also served in the White House as a researcher and speechwriter for President Lyndon Johnson, and was the Research Director for Vice President Hubert Humphrey's 1968 Presidential campaign.

Among other activities, Eizenstat has also been a Guest Scholar at the Brookings Institution, and Chairman of the Feinberg Graduate School at the Weizmann Institute of Science. He was Co-Founder and Co-Director of the American Agenda Project co-Chaired by former Presidents Ford and Carter, and was appointed by President Bush to the Presidential Task Force on U.S. Government International Broadcasting.

Eizenstat holds a B.A. from the University of North Carolina, and an L.L.B. from Harvard Law School. He and his wife, Frances, have two sons. He is 50 years old.

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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 13, 1993

PRESIDENT NAMES LANE TO HEAD SCIENCE FOUNDATION

President Clinton announced his intention today to nominate Dr. Neal F. Lane, the Provost of Rice University, to be the Director of the National Science Foundation.

"By providing financial support to our nation's scientists and engineers, the National Science Foundation fuels the engine of creativity that helps us to increase our economic potential and our base of knowledge," said the President. "Neal Lane, with his considerable experience as a scientist and administrator, will provide the leadership necessary to foster the great talent, ingenuity, and potential of the American research community."

Lane has served as Rice's Provost since 1986, after having been the Chancellor of the University of Colorado for two years. In 1979 and 1980, Lane served at the National Science Foundation as Director of the Division of Physics. Prior to that, he had taught Physics at Rice for almost 20 years, starting as an Assistant Professor in 1966, and leaving as Chair of the Department. In addition, he has spoken at conferences around the world, testified to Congressional committees, and been widely published.

A native of Oklahoma City, Lane holds B.S., M.A., and Ph.D. degrees from the University of Oklahoma. He also studied as a postdoctoral fellow at the Queen's University of Belfast, Northern Ireland, and has held several visiting fellowships at the Joint Institute for Laboratory Astrophysics in Boulder, CO. He is 54 years old.

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