PSCA ELECTS 2008-2009 BOARD OF DIRECTORS

Dan Madden Elected as Chairperson

CHICAGO -- BUSINESS WIRE (October 2, 2008) – The Profit Sharing/401k Council of America (PSCA) elected its 2008-2009 Officers and governing Board of Directors at the organization’s Annual Meeting held September 19, 2008 in Nashville, Tennessee. “PSCA is fortunate to have such experienced, committed leadership” said David Wray, PSCA president.

Officers elected were:

Chairperson - Daniel Madden, Vice President, Global Pensions, Illinois Tool Works, Glenview, IL                 

1st Vice Chairperson - Sheryl L. Wright, Director of Human Resources, Teledyne ISCO Inc., Lincoln, NE    

2nd Vice Chairperson - Ira P. Finn, Manager, Benefits, Komatsu America Corp., Rolling Meadows, IL

Treasurer - John Greenwell, CPA, Terrell, NC                                                                                                              

Immediate Past Chairperson - G. Dawn Anderson, Greenwich, CT

Directors elected were:

Thomas Mess, Director U.S. Benefits, The Procter & Gamble Co., Cincinnati, OH

Brian Ohge, Benefits Director, Muscatine Food Corp., Muscatine, IA

Silvia Frank, Manager, Defined Contribution Plans, Trinity Health; Novi MI, Farmington Hills, MI

Mayme Hansen, Manager, Defined Contribution Plans, Texas Instruments, Dallas, TX

Thomas Johnson, Senior Vice President, MassMutual Life Insurance Co., Springfield, MA

Richard Menson, Partner, McGuire Woods LLP, Chicago, IL

Mary Ann Tweddle, Retirement & Portfolio Manager, United Parcel Service, Atlanta, GA

Rodney Wilson, Principal Engineer, Haag Engineering Co., Carrollton, TX

Ann Combs, Principal, The Vanguard Group, Valley Forge, PA

The Profit Sharing/401k Council of America (PSCA), a national non-profit association of 1,200 companies and their 6 million employees, advocates increased retirement security through profit sharing, 401(k) and related defined contribution programs to federal policymakers and makes practical assistance with profit sharing and 401(k) plan design, administration, investment, compliance and communication available to its members. PSCA, established in 1947, is based on the principle that “defined contribution partnership in the workplace fits today’s reality.” PSCA's services are tailored to meet the needs of both large and small companies with members ranging in size from Fortune 100 firms to small, entrepreneurial businesses.