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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release March 17, 1995

PRESIDENT CLINTON NAMES TWO TO TRADE POLICY COMMITTEE

President Clinton today announced his intention to appoint Louis V. Gerstner, Jr. and John A. Georges of Connecticut to be members of the Advisory Committee for Trade Policy and Negotiations.

Mr. Gerstner is Chairman and Chief Executive Officer of IBM. While at IBM, he has redirected a majority of the company's philanthropic resources to the support of public school reform initiatives. Previously, Mr. Gerstner served as Chairman and Chief Executive Officer of RJR Nabisco, Inc., and as President of American Express Company, including serving as Chairman and Chief Executive Officer of its Travel Related Services Company.

He is also a director of the New York Times Co., Bristol-Myers Squibb Co., and the Lincoln Center for the Performing Arts. In addition, Mr. Gerstner is vice chairman of the New American Schools Development Corp., a trustee of the New York Public Library and a member of the Council on Foreign Relations and the Trilateral Commission. After receiving his Bachelor of Arts degree in engineering from Dartmouth College, he earned an M.B.A. from Harvard Business School.

Mr. Georges is being reappointed to the Committee. He currently serves as Chairman and Chief Executive Officer of International Paper in Purchase, New York. Previously, he was the President and Chief Operating Officer. Mr. Georges is also a Director of Warner- Lambert Company, Ryder Systems, Inc., AK Steel Holding Corporation and Chairman of the Board and a Director of IP Forest Resources Company.

In addition, he is a member of the Business Council and the Policy Committee of the Business Roundtable; a Board member of the Business Council of New York State and a member of the Trilateral Commission. A Trustee of Drexel University, Mr. Georges received an M.B.A. from Drexel after earning his bachelor's degree in chemical engineering from the University of Illinois.

The Committee is responsible for providing overall policy advice on matters concerning objectives and bargaining positions before entering into a trade agreement, the operation of any trade agreement once entered into, and other matters arising in connection with trade policy of the United States. Staff and administrative support for the Committee are provided by the Office of the U.S. Trade Representative.

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