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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release January 16, 1996

PRESIDENT CLINTON NAMES RICHARD L. MORNINGSTAR TO BE SPECIAL ADVISOR TO THE PRESIDENT AND TO THE SECRETARY OF STATE

WITH RANK OF AMBASSADOR

President Clinton has announced his intent to nominate Richard L. Morningstar of Newton, Massachusetts to be Special Advisor to the President and to the Secretary of State on Assistance to the New Independent States of the former Soviet Union with rank of Ambassador. Mr. Morningstar has served in this position as Special Advisor since April of 1995.

Mr. Morningstar is responsible for assuring maximum coordination within the Executive Branch of all U.S. bilateral programs. He oversees all bilateral assistance, trade and investment activities of the sixteen U.S. Government agencies engaged in technical assistance, trade and investment, exchanges, weapons dismantlement, democratization initiatives and other programs in the New Independent States.

Prior to last April, Mr. Morningstar served in the Administration as Senior Vice President for Policy and Investment Development at the Overseas Private Investment Corporation. He has served as an advisor to the Department of Commerce on international trade and technology issues and served on the Economics and International Trade Cluster for the 1992 Presidential Transition. Previously, he was Chairman of the Board and Chief Executive Officer at Costar Corporation. He practiced law for more than ten years with the Peabody & Brown firm in Boston, Massachusetts and was also a partner and administrator of the Litigation Department. Mr. Morningstar has been Adjunct Professor of Law at the Boston College Law School and Commissioner of the National Conference of Commissioners on Uniform State Laws. He earned a B.A. Magna Cum Laude from Harvard College and a J.D. from Stanford Law School.

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