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| | Reader s Digest Association Elects Lee Caudill and John T. Reid to its Board of Directors |
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date: Aug 18th 2005 16:53
page: 1 | 2
The Reader s Digest Association, Inc. (NYSE: RDA) today elected prominent U.S. marketer Lee Caudill and global business development expert Dr. John T. Reid to the company s Board of Directors.
The appointments were made at the Board s regular summer meeting.
Ms. Caudill, 56, is President of SeniorTrak Consulting, of San Francisco, a firm that she founded in 1991 to provide executive-level staffing and advise companies on marketing, operations and sales. Earlier, she was President of Liz Claiborne s Jewelry Division, and General Manager and Vice President of Avon Products Fashion & Gifts business unit. She also served as a management consultant for Cresap/Towers Perrin, where she was Vice President and Partner working with Fortune 1,000 corporations, and Cresap, McCormick & Paget, where she became the firm s first female partner. Ms. Caudill holds an M.B.A. from Wharton School of Business and a B.A. in psychology from The College of William and Mary. Before beginning her business career, she spent two years at Oxford University as a research psychologist studying cognitive theories of child development.
Dr. Reid, 65, has enjoyed a distinguished career as senior corporate executive, strategic planner, economist and university professor. He currently serves on the Boards of Minerals Technologies Inc., Center for Global Development and Citizens Committee for Children. He is Adjunct Professor, Managing Global Corporations, at Stern Business School, New York University. Dr. Reid retired from daily corporate life in 2000 after 18 years with Colgate Palmolive Company, where he served as Chief Technological Officer, responsible for Global Research & Development, Information Technology and the Manufacturing/Supply Chain. This followed initiation of Colgate s first strategic plan and subsequent leadership of subsidiaries in Greece, the United Kingdom and Australia / South Pacific.
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