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CONTACT: George M. Tomczyk; Director of Public Affairs
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Stephen A. Schwartz; Associate Director of Public Affairs
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SIMON SCHOOL DEAN CHARLES PLOSSER TO JOIN GMAC BOARD

ROCHESTER, N.Y., January 21, 1997--Charles I. Plosser, dean of the William E. Simon Graduate School of Business Administration at the University of Rochester, is one of five graduate business school deans joining the Board of Directors of the Graduate Management Admission Council (GMAC)--the global organization of graduate business schools.

The five deans are filling new positions which the GMAC Board has established as part of the ongoing campaign to increase communications between the organization and its member graduate business schools.

"The new members of the GMAC Board, with their significant business and education experience, will make important contributions to our continued efforts to provide services valued by graduate business schools," said GMAC President David Wilson. "We are especially pleased about the addition of Charles Plosser, with his extensive background in the international student programs at the Simon School."

"I'm looking forward to participating with GMAC," said Plosser. "As the business world changes, business schools must continue to have new ways to assess the qualities and capabilities of candidates, and GMAC plays an extremely important part in those assessments."

In addition to serving as dean, Plosser is also John M. Olin Distinguished Professor of Economics and Public Policy at the Simon School, where he has been on the faculty since 1978. Before coming to the Simon School, he taught at Stanford University and also at the University of Chicago, where he earned his M.B.A. and Ph.D. degrees. Plosser is a member of the Shadow Open Market Committee--a group of internationally known economists who regularly comment on U.S. economic policy.

Plosser will begin serving on the GMAC Board on July 1, 1997, along with Sara Freedman, dean of the College of Business Administration at the University of Houston. The three other new Board members--George Bain, principal of the London Business School, Paul Danos, dean of the Amos Tuck School of Business Administration (Dartmouth College) and William Pierskalla, dean of the John E. Anderson Graduate School of Management (University of California, Los Angeles)--will begin serving immediately.

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The Simon School, recognized worldwide for its leading scholarship in management, is able to employ a distinctive approach to business education because of its flexibility, innovation, youth, size, global outlook and vision.

GMAC is an international organization whose mission is to extend awareness of and access to graduate management education. It is the pre-eminent provider of services valued by graduate management education institutions worldwide.

Information about the Simon School is also available on the World Wide Web at http://www.ssb.rochester.edu.

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