CHICAGO, Nov. 2 /PRNewswire/ -- EVEREN Capital Corporation (NYSE: EVR)
today announced that former Unicom Corporation (NYSE: UCM) Chairman and Chief
Executive Officer James J. O'Connor has been elected to the board of directors
of the full-service securities brokerage firm.
O'Connor, who held the top executive position at Unicom and its main
subsidiary, Commonwealth Edison Co., for 18 years, retired in September 1998
after 35 years with the company. He also is a director of: American National
Can Company, Tribune Company, The Chicago Board of Trade, Corning Incorporated
and UAL Corporation.
O'Connor becomes one of 10 directors on EVEREN's board, joining Chairman
and Chief Executive Officer James R. Boris; President and Chief Operating
Officer Stephen G. McConahey; William T. Esrey, chairman and chief executive
officer of Sprint Corporation; Donald P. Jacobs, dean of the J.L. Kellogg
Graduate School of Management at Northwestern University; and Jack Kemp,
co-director of Empower America and former Secretary of Housing and Urban
Development. Other directors include: Homer J. Livingston, Jr., former chief
executive officer of The Chicago Stock Exchange; Samuel K. Skinner,
co-chairman of Hopkins & Sutter and former Secretary of Transportation;
William C. Springer, executive vice president of H.J. Heinz Company; and Donna
F. Tuttle, president of Korn Tuttle Capital Group.
EVEREN Capital Corporation (NYSE: EVR) is the fifth largest publicly
traded majority employee-owned company in the U.S. Its principal subsidiary,
EVEREN Securities, Inc., ranks among the 10 largest national full-service
brokerage firms in the industry and serves individual, corporate, municipal
and institutional clients through an integrated network of more than 1,730
investment consultants in approximately 170 offices.
The company combines the capital markets resources of a large national
organization with the personalized service and dedication of a smaller firm.
Currently, EVEREN holds approximately $57 billion of client assets in more
than 615,000 active client accounts. Another EVEREN subsidiary, EVEREN
Clearing LLC, provides execution and clearing services for EVEREN Securities
and other broker-dealers. An 80-percent interest in this unit is expected to
be transferred to The Bank of New York in the 1998 fourth quarter. EVEREN
Securities, Inc. and EVEREN Clearing LLC are members of the Securities
Investor Protection Corporation, the New York Stock Exchange and other
principal exchanges. For more information, visit the company's web site at
http://www.everensec.com.
SOURCE EVEREN Securities, Inc.
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Related links:
http://www.everensec.com
Company News On-Call:
http://www.prnewswire.com/comp/121760.html or fax,
800-758-5804, ext. 121760
CONTACT:
Wilson Medina, 312-574-5152, or Elise G.
Powell, 312-574-5229, both of EVEREN
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