Nomination of James W. Fuller To Be a Member of the Board of Directors of the Securities Investor Protection Corporation

The President today announced his intention to nominate James W. Fuller to be a Director of the Securities Investor Protection Corporation. He would succeed Michael A. Taylor.

Mr. Fuller is currently senior vice president, marketing, Charles Schwab & Co., in San Francisco, Calif. Previously he was senior vice president, market and constituent communications, New York Stock Exchange, Inc., New York, N.Y., in 1979-81; senior vice president, marketing, New York Stock Exchange, in 1977-79; manager, investment industries program, SRI International, Menlo Park, Calif., in 1974-77; and vice president, Shields & Co., San Francisco, Calif., in 1972-74.

Mr. Fuller attended San Bernardino Valley College (1958-60), San Jose State University (1960-62), and California State University (1965-66). He served in the United States Navy in 1963-66.

Mr. Fuller is married, has two children, and resides in San Francisco, Calif. He was born April 3, 1940, in Rochester, Ind.