Barry Lawson Williams Named Interim President and CEO of American Management Association

New York, NY, November 13, 2000—Dan Bannister, Chairman of the Board of Trustees of American Management Association, announced today that Barry Lawson Williams has been appointed interim President and CEO, succeeding Dr. George B. Weathersby who resigned to pursue other opportunities. Dr. Weathersby will continue as a consultant to AMA.

"We had asked George Weathersby to prepare AMA for the new economy," said Mr. Bannister. "We thank George for helping identify the changes which needed to be done and for taking the initial steps to implement these changes."

The AMA Board will initiate a search for a permanent president and CEO immediately with Board member William K. Slate chairing the search committee.

Mr. Williams brings a wealth of business experience to his position as interim President and CEO. Born in New York City, he was raised in Westchester County, New York, and earned undergraduate, law, and business degrees from Harvard University.

Mr. Williams spent seven years as a consultant with McKinsey, several of those in Latin America. He then joined Bechtel, the global engineering and construction firm, to help launch and manage their investment program. For the past 14 years, he has run Williams Pacific Ventures, a consulting and investment business based in San Francisco. During this time, he has been CEO of a communications company and a specialty construction services firm.

Mr. Williams has been a member of the AMA Board since April, 1998. He also serves on the board of directors of several public companies in the insurance, energy, and engineering fields.

"We are confident," said Mr. Bannister, "that Barry Williams, working with the strong AMA management team currently in place, will provide the leadership that will maintain AMA’s position as a global leader in management development and business education."

About AMA
American Management Association (AMA) is the world’s leading membership-based management development organization. It is distinguished by the quality of its faculty of global business practitioners, the practical action-oriented focus of its learning programs, and the dynamic interactive nature of its courses. AMA offers a full range of business education and management development programs for individuals and organizations in Europe, the Americas, and Asia. More than 700,000 AMA customers and members a year, including 488 out of the Fortune 500 companies and many federal agencies, learn superior business skills and best management practices through a variety of seminars, conferences and special events, e-learning and self-study courses, onsite and customized learning solutions, and publications.

For additional information please consult AMA's website at www.amanet.org.

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