Appointment of George James Benston as a Member of the Interim Board of Directors of the Federal Agricultural Mortgage Corporation

The President today announced his intention to appoint George James Benston to be a member of the Interim Board of Directors of the Federal Agricultural Mortgage Corporation. This is a new position.

Since 1987 Dr. Benston has been the John H. Harland Professor of Finance, Accounting, and Economics at the School of Business Administration at Emory University, in Atlanta, GA. Prior to this he was a professor of accounting, economics, and finance at the University of Rochester, 1969-1987. He has also been an honorary visiting professor for City University, London School of Economics, in London, England, since 1985.

Dr. Benston graduated from Queens College (B.A., 1952), New York University (M.B.A., 1953), and the University of Chicago (Ph.D., 1963). He was born March 18, 1932, in New York City. tie served in the United States Navy, 1953-1956, and the Reserves, 1956-1961. Dr. Benston is married, has two children, and resides in Atlanta, GA.