Former Secretary of Defense William Perry Appointed to Boeing Board of Directors

Dr. William J. Perry, former secretary of defense under the Clinton administration, has been appointed to the board of directors of The Boeing Company.

The announcement was made by Phil Condit, Boeing chairman and chief executive officer.

"Because of his wealth of experience in technology, in business, in academia and in government, Dr. Perry will be an outstanding addition to the Boeing board," said Condit.

Since leaving the secretary of defense post in January of this year, Dr. Perry has held the Michael and Barbara Berberian Professor Chair in the School of Engineering and is a Senior Fellow at the Institute for International Studies, Stanford University.

Dr. Perry held the secretary of defense post from February 1994 through January 1997. Prior to that he served as deputy secretary of defense from March 1993 until his confirmation as secretary.

Prior to his association with the Defense Department, Dr. Perry was chairman of Technology Strategy Alliances; a professor in the School of Engineering at Stanford University; and co-director of Stanford's Center for International Security and Arms Control.

From 1977 to 1981, Dr. Perry was undersecretary of defense for Research and Engineering, and was responsible for all weapon system procurement and all research and development. He also served as the secretary of defense's principal advisor on technology, communications, intelligence and atomic energy.

Dr. Perry also has extensive experience as an entrepreneur. He was one of the founders of ESL Inc. in 1964, and served as its president until 1977. ESL pioneered the application of computer technology to defense systems. Prior to that he was with Sylvania/General Telephone and was the director of Electronic Defense Laboratories. He also served as executive vice president of Hambrecht & Quist, an investment banking firm in San Francisco, specializing in high-technology companies.

Dr. Perry currently serves on the boards of directors of United Technologies Corp., Hambrecht & Quist and several emerging technology companies. He also is a trustee of the Carnegie Endowment for International Peace and has served on a number of U.S. government advisory boards, including the president's Foreign Intelligence Advisory Board and the Carnegie Commission on Science, Technology and Government.

Dr. Perry is a member of the National Academy of Engineering and a fellow of the American Academy of Arts and Sciences. He was awarded the Presidential Medal of Freedom in January 1997 and has received many other awards from the U.S. government, from seven other countries, and from private institutions.

He received his bachelor of science and master of science degrees from Stanford University, and his doctorate from Pennsylvania State University. He was born on Oct. 11, 1927, in Vandergrift, Penn.

With Dr. Perry's appointment, Boeing is increasing the size of its board to 13 directors. Dr. Perry will be in the class of board members whose term expires in the year 2000. He has been appointed to serve on the board's Organization and Nominating Committee and on the Compensation Committee.