May 8, 1992
TO: BOARD OF GOVERNORS NO. 29-92
RE: PERSONNEL MATTERS
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Larry Rogers has decided that he would like to return to
the investment management industry and therefore has resigned as
the Institute's General Counsel. (See attached correspondence.)
Larry has agreed to remain at the Institute through July 31 to
assist in the transition.
I intend to recommend to the Board of Governors at its May
20, 1992 meeting that Craig Tyle, currently the Institute's
Deputy General Counsel, be elected to the new position of Vice
President - Securities. Craig has been a member of the
Institute's Legal Department since 1988. Previously he was with
Sullivan & Cromwell in New York and is a graduate of Swarthmore
College and Harvard Law School.
In his new position, Craig will have the responsibility for
management of the Legal Department. This position parallels the
assignment of responsibility for tax and pension matters to the
Vice President - Tax and Pension, Catherine Heron. Mr. Tyle will
report directly to me.
Matthew P. Fink
President
Attachment