Appointment of James Balog as a Member of the United States Bipartisan Commission on Comprehensive Health Care

The President today announced his intention to appoint James Balog to be a member of the U.S. Bipartisan Commission on Comprehensive Health Care. This is a new position.

Since 1938 Mr. Balog has been chairman of Lambert Brussels Capital Corp. in New York, NY. Prior to this he was vice chairman and a member of the board of directors and the executive committee of Drexel Burnham Lambert, Inc., 1985-1988. He has also served as a committee chairman of the White House Conference on Aging, 1981, and as a member of the Advisory Council on Social Security, 1982-1983.

Mr. Balog graduated from Pennsylvania State University (B.S., 1950) and Rutgers University (M.B.A., 1958). He was born September 7, 1928, in Vintondale, PA. He is married, has three children, and resides in Spring Lake, NJ.