Entering New Era, RAND Corporation Names  New Board Members And Elects New Board Chairman

   In the last two years, the Santa Monica headquarters of the RAND Corporation has undergone some major changes. It sold 11-plus acres of its 15-plus acre site on Main Street, including its two office buildings, to the City of Santa Monica for approximately $53 million and commissioned a new building, which will be built on its remaining parcel.
   This year its board of trustees has gone through some significant shifts, too.
   In the wake of the departures of longtime board members Paul O’Neill and Donald Rumsfeld to George W. Bush’s cabinet — O’Neill as Secretary of the Treasury and Rumsfeld as Secretary of Defense, RAND President and CEO James Thomson announced that a former Ambassador to the United Kingdom, a former Congressman and a former President of RAND had all been named to the board.

   New Board Members Named
   Former ambassador to the Court of Saint James Philip Lader held several other posts in the administration of President Bill Clinton — administrator of the Small Business Administration, White House Deputy Chief of Staff, Assistant to the President and deputy director for management of the Office of Management and Budget.
   Prior to joining the Clinton administration, Lader was president of Sea Pines Company and executive vice president of Sir James Goldsmith’s U.S. holding company. In 1981, he founded Renaissance weekends, the annual family retreats for leaders in diverse fields made notable in the 1990s by the participation of President Clinton and his family.
   Currently, Lader is Chairman of the WPP Group, one of the world’s largest advertising and communications services company, and a senior advisor with Morgan Stanley. He lives in Charleston, South Carolina and has offices there, in Washington, D.C. and London. With a BA from Duke University and an MA in history from the University of Michigan, he has a law degree from Harvard.
   Former Congressman John Edward Porter, currently a partner in the law firm of Hogan & Hartson in Washington, D.C., was appointed to the RAND board in March.
   A Republican from Illinois, and member of the Appropriations Committee, Porter chaired the Subcommittees on Labor, Health and Human Services and Education and was vice-chair of the Subcommittee on Foreign Operations. He also founded and chaired the Congressional Human Rights Caucus and the Congressional Coalition on Population and Development.
   Porter is on the boards of the Public Broadcasting Service (PBS), Research America, the Population Resource Center and the Kemper Insurance Companies. He has a BA from Northwestern University and a law degree from Michigan.
   Former RAND Corporation president and CEO Donald B. Rice was elected to the board in early spring.
   A Los Angeles resident, Rice is currently president and CEO of UroGenesys, a Santa Monica-based biotechnology firm. President and CEO of RAND for 17 years, he resigned in 1989 to become Secretary of the Air Force in the administration of President George Bush. From 1993 to 1996, he headed Teledyne, Inc.
   Before coming to RAND in 1972, Rice served as assistant director of the Office of Management and Budget, Deputy Assistant Secretary of Defense, director of Cost Analysis at the Pentagon and as a captain in the U.S. Army.
   According to a RAND spokesman, “Under (Rice’s) leadership, RAND not only strengthened its position as the leading national security research institution in the country, but developed the largest domestic research program among think tanks as well.”
   Rice is currently a director of Wells Fargo, Unocal Corporation, Amgen Inc. and Vulcan Materials Company. He is also chairman of the board of the RAND Graduate School and Scios, Inc. He has a BS in chemical engineering from Notre Dame and both an MS in industrial management and a Ph.D. in economics from Purdue University.

   New Board Officers Chosen
   In late May, Ronald L. Olson, a leading Los Angeles attorney, was elected chairman of the RAND board, succeeding O’Neill. Former Labor Secretary Ann McLaughlin Korogolos was named vice-chair, succeeding Olson.
   A member of the RAND board since 1994, Olson is a trial lawyer, with a number of high profile cases to his credit, serves as a financial advisor to Warren Buffett and a director of Berkshire Hathaway. He is also a director of Edison International and City National Corporation, a trustee of the California Institute of Technology and a partner in the Los Angeles firm, Munger, Tolles and Olson.
   Korogolos is chairman emeritus of the Aspen Institute and a director of AMR, Host Mariott, Kellogg Company, Fanny Mae and Microsoft. She was named Secretary of Labor in 1987, after serving as undersecretary of the Interior Department and an assistant secretary in the Treasury Department. In 1989, following the sabotage of Pan Am flight 103, she was named chair of the presidential commission on Aviation Security and Terrorism. She joined the RAND board in 1995.
   Thomson said, “RAND is fortunate to have such a deep bench. Paul O’Neill is a hard act to follow, but Ron and Ann come to their new positions of leadership with tremendous private and public sector experience and innumerable personal skills. I look forward to our partnership.”