FEI Announces Election of New Leaders

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FEI Announces Election of New Leaders
    Robert Walker, Former Chief Financial Officer of Agilent Technologies,
                             to Serve as Chairman

    FLORHAM PARK, N.J., June 30 /PRNewswire/ -- Financial Executives
International (FEI), the leading professional organization serving chief
financial officers (CFOs) and other senior financial executives, today
announced the election of a new slate of executive officers for the year
beginning July 1, 2005.
    Robert Walker, former chief financial officer of Agilent Technologies,
will serve as chairman. Richard Schrader, executive vice president and CFO of
Parsons Brinckerhoff Inc., in New York City, will become vice chairman.
    CFO of Agilent Technologies from its creation in 1999 until December of
2001, Walker created and managed Agilent's financial functions as the company
was spun off from Hewlett-Packard Co. and completed its initial public
offering. Since leaving Agilent, he has joined the boards of three publicly
traded companies: Electro Scientific Industries, based in Portland, Ore.,
Liberate Technologies of San Mateo, Calif., and Brocade Communications Systems
Inc., of San Jose, Calif. Walker has been a member of FEI since 2000.

    Additional officers include:

    -- Alexis Dow, elected auditor, metro, regional government in
       Portland, Ore., and Joseph DiLorenzo, co-founder and manager,
       M/D Group LLC, in Humarock, Mass., will serve as vice presidents at
       large.

    -- Gerald Urich, corporate assistant controller, The Hershey Co.,
       Hershey, Pa., will serve as treasurer.

    -- Jeffrey Curtiss, senior vice president and CFO, Service Corp.
       International, Houston, Texas, will serve as secretary.

    -- Mary Jo Green, immediate past FEI chairman, and senior vice president
       and treasurer, Sony Corp. of America, New York, and second past FEI
       chairman H. Stephen Grace, Jr., president of H.S. Grace & Co., Houston,
       Texas, will continue to serve as directors-at-large.

    -- Joan Netzel, first vice president, Audit Relationship Manager for
       SunTrust Banks Inc., Atlanta, will continue to serve as chairman of the
       Board of Trustees for Financial Executives Research Foundation, FEI's
       research affiliate.

    "We are very fortunate these talented individuals volunteer their time to
hold important positions within our organization," says Colleen Cunningham,
FEI President and CEO. "Their input is crucial to our success."

    Financial Executives International (FEI) is the leading advocate for the
views of corporate financial management.  Its 15,000 members hold policy-
making positions as chief financial officers, treasurers and controllers.  FEI
enhances member professional development through peer networking, career
management services, conferences, teleconferences and publications.  Members
participate in the activities of 85 chapters, 74 in the U.S., 11 in Canada.
    Financial Executives Research Foundation (FERF) is the non-profit
501(c)(3) research affiliate of FEI. FERF researchers identify key financial
issues and develop impartial, timely research reports to FEI members and non-
members alike, in a variety of publication formats. For more information,
visit http://www.fei.org.

     Contact:
     Andrew Healy                   Chris Allen
     TowersGroup                    FEI
     (212) 354-5020                 (973) 765-1058
     andrewhealy@towerspr.com       callen@fei.org
SOURCE Financial Executives International
http://www.fei.org
Company News On-Call:
http://www.prnewswire.com/comp/310650.html
CONTACT:
Andrew Healy of TowersGroup, +1-212-354-5020,
andrewhealy@towerspr.com; or Chris Allen of FEI, +1-973-765-1058,
callen@fei.org