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University adds three members to Board

Lafley, Reid and Class welcomed as newest trustees

10/04/02

The Xavier University Board of Trustees welcomed the following new members at its meeting on September 27: A. G. Lafley was elected Chairman of the Board of Directors of P&G in April 2002. He joined the marketing area of P&G in 1977 and held a variety of positions in P&G's laundry and cleaning business before being named group vice president in 1992. Lafley delivered record sales and profits through the introduction of major product innovations, including Liquid Tide and Tide with Bleach, and by focusing on building strong brand franchises. In 2000, Lafley was elected President and Chief Executive of P&G. Since then, he has put P&G back on track to deliver its long term goals by focusing on top brands, countries and customers, superior consumer value and improved cost and cash management. Further, he has set a clear vision for future growth, including the acquisition of Clairol in 2001, the Company's largest acquisition to date. A native of Keene, New Hampshire, Lafley graduated from Hamilton College with an AB in history and from Harvard Business School with an MBA. Before joining P&G, he served in the U.S. Navy for five years. In addition to serving as a member of the Xavier Board of Trustees, Lafley is a board member for his alma mater, Hamilton College, Cincinnati Playhouse in the Park and the Cincinnati Institute of Fine Arts. He is a member of the General Motors Corporation Board of Directors and a member of The Business Roundtable, The Business Council and The Lauder Institute Board of Governors (Wharton School of Arts & Sciences.) Janet Butler Reid, Ph.D. is the principal partner at Global Lead Management Consulting, an international management consulting firm located in Cincinnati. Prior to her current role, Reid was employed in a variety of positions at Procter & Gamble. -more- She received both a B.S. and Ph.D. in chemistry from Howard University in Washington, D.C. Reid is a member of the American Management Association, the American Marketing Association, The American Society for Training and Development and the National Association for the Professional Advancement of Black Chemists and Chemical Engineers. Reid was the national honoree at Speaking of Women's Health. She received the Leading Women's Entrepreneur Award in 1998, and was named to Cincinnati Enquirer's Women of the Year in 1997. She is the first board chairperson of the Health Foundation of Greater Cincinnati and sits on several other local boards including the Greater Cincinnati Chamber of Commerce, the Port of Greater Cincinnati Development Authority, Cincinnati Community Action Now and The Catholic Healthcare Partners. Michael D. Class S.J. is the associate dean of the Graduate School at Marquette University in Milwaukee, Wisconsin. He has served in the administration at Marquette since 1997, and is himself an alumnus of Marquette's business school. Class is a native Chicagoan, and a member of the Chicago Province of the Society of Jesus. He was ordained a priest in 1990, and has done graduate work in theology, economics and management and is currently pursuing a doctorate in education. He serves as a trustee at St. Ignatius College Prep in Chicago and is the chair of the Chicago Province Finance Committee. Xavier board members are asked to serve three year terms. The newly appointed members replace three members, Daniel Burnham, David Kohnen and Thomas Shanahan, S.J., whose terms have expired.