Business Services Industry

Kroll Shareholders Elect Joseph R. Wright to Board of Directors; Three Board Members Re-Elected, Incentive Compensation Plan Approved and Deloitte & Touche LLP Appointed Auditors

Business Wire, May 27, 2004

Business Editors

NEW YORK--(BUSINESS WIRE)--May 27, 2004

Shareholders of Kroll Inc. (NASDAQ: KROL) yesterday elected Joseph R. Wright, president and chief executive of PanAmSat, Inc., to the Company's board of directors.

Mr. Wright, who has headed the global satellite broadcasting company since 2001 and served as a director since 1997, brings Kroll's board nearly 40 years of entrepreneurial, industry and government experience. He was previously Chairman of the Board and a director of GRC International, Inc., a public company providing advanced Internet and software technologies to government and commercial customers. He was director of the Federal Office of Management and Budget under President Ronald Reagan from 1982 to 1989, serving in the Cabinet and the Executive Office of the President. He was also deputy secretary of the Department of Commerce from 1981 to 1982, and later was on the President's Export Council as chairman of the Export Control Subcommittee.

"The addition of Joseph expands the size of Kroll's board and the number of outside directors. We look forward to the ideas and insights he will bring to our board," said Jules B. Kroll, executive chairman of the board.

During the annual meeting, shareholders also re-elected Michael G. Cherkasky, Kroll President and Chief Executive Officer; Simon V. Freakley, president of Kroll's Corporate Advisory & Restructuring Group; and Raymond E. Mabus, of Counsel of the law firm of Donelson, Bearman and Caldwell P.C., to the board of directors. In addition, they approved Kroll's Incentive Compensation Plan and ratified the appointment of Deloitte & Touche LLP as independent public accountants for the fiscal year ending December 31, 2004.

About the Company

Kroll Inc. (NASDAQ: KROL), the world's leading independent risk consulting company, provides a broad range of investigative, intelligence, financial, security and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Headquartered in New York with more than 60 offices on six continents, Kroll has a multidisciplinary corps of more than 2,600 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies and individuals. Kroll has four business groups: (1) Background Screening, which provides employee, mortgage and resident screening, substance abuse testing, and identity theft services; (2) Consulting Services, which provides investigations, intelligence, security, forensic accounting, litigation consulting, and valuation services; (3) Corporate Advisory & Restructuring, which provides corporate restructuring, operational turnaround, strategic advisory services, financial crisis management, and corporate finance services; and (4) Technology Services, which provides data recovery, electronic discovery, and computer forensics services and software. For more information, please visit: www.krollworldwide.com.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale