Nomination of Malcolm S. Forbes, Jr., To Be a Member of the Board for International Broadcasting, and Designation as Chairman

The President today announced his intention to nominate Malcolm S. Forbes, Jr., to be a member of the Board for International Broadcasting for a term expiring April 28, 1992. This is a reappointment. Upon confirmation he will be designated Chairman.

Currently, Mr. Forbes serves as president and chief operating officer of Forbes, Inc., and deputy editor in chief of Forbes magazine. Prior to this he served as vice president and secretary of Forbes, Inc. Mr. Forbes graduated from Princeton University (B.A., 1970). He was born July 18, 1947, in Morristown, NJ. Mr. Forbes served in the New Jersey National Guard, 1970. He is married, has five children, and resides in Bedminster, NJ.