Spencer Stuart/Directors & Boards Directors Roster

Directors & Boards, Summer, 2002

Associate Clinical Professor Department of Psychiatry and Community & Family Medicine

DUKE UNIVERSITY MEDICAL CENTER

Box 3644, Durham, NC 27710

Matthew D. Walter

Chief Executive Officer

BOUND TREE MEDICAL

6106 Bausch Road, Galloway, OH 43119

Bio Notes: Raisbeck has been in his present position since 1999. Joined Cargill in 1971. Also is a director of Eastman Chemical Co. Age 52. Spaulding maintains a private practice in psychiatry. Formerly was vice chancellor for health affairs at Duke's medical center. Is a trustee of the Duke Endowment. Also is a director of Wachovia Bank of North Carolina. Age 55. Walter also serves as founding and managing partner of Talisman Capital, which invests in middle-market companies. Age 33.

Cardinal provides products and services to the healthcare industry. Revenues are $50 billion. Cargill is an agricultural and food products distribution company. Revenues are $50 billion. BoundTree is a privately held distributor of public safety products.

CATERPILLAR INC.

100 N.E. Adams Street, Peoria, IL 61629

has added to its board:

Eugene V. Fife

Bio Notes: Founded Vawter Capital, a private investment firm, in 1999. From 1997-1999 was also co-chairman and CEO of Illuminis Inc. (formerly Multimedia Medical Systems Inc.), a medical information systems company. Retired in 1995 after a 25-year career at Goldman Sachs & Co., where he was a partner and chairman of its office in London. Also is a director of Eclipsys Corp. Age 61.

Caterpillar manufactures construction and mining equipment. Revenues are $20 billion.

CDW COMPUTER CENTERS INC.

200 N. Milwaukee Avenue, Vernon Hills, IL 60061

has added to its board:

Daniel S. Goldin

Senior Fellow

COUNCIL ON COMPETITIVENESS

1500 K Street N.W., Suite 850, Washington, DC 20005

Bio Notes: Served as administrator of NASA from 1992-2001. Is credited with streamlining and reducing the budget for space flights while quadrupling the number of launched missions. Formerly was VP and general manager of the TRW space and technology group. Also is a director of Lucent Technologies Inc. Age 61.

CDW is a distributor of computer accessories and software. Revenues are $4 billion. Council on Competitiveness is a nonprofit agency dedicated to working with America's corporate and academic leaders to help improve the nation's productivity, security and competitiveness.

CEPHALON INC.

145 Brandywine Parkway, West Chester, PA 19380

has added to its board:

Gail Wilensky

Senior Fellow

PROJECT HOPE

7500 Old Georgetown Road, Suite 600, Bethesda, MD 20801

Bio Notes: Is responsible for analyzing and developing health care reform policies and changes in the medical marketplace. Has held senior posts in government including administrator of HCFA and White House deputy domestic policy adviser. Also co-chairs the President's task force on improving health care for both veterans and military retirees. From 19972001 she was chair of the Medicare Payment Advisory Commission, which advises Congress on payment and other issues related to Medicare.

Cephalon is a biopharmaceutical company that develops products for the treatment of cancer, neurological and sleep disorders and pain. Revenues are $331 million. Project Hope provides medical training and health care education programs.