Exponent Appoints Dr. John B. Shoven to Board of Directors
MENLO PARK, Calif., August 22, 2007 - Exponent, Inc. (Nasdaq: EXPO) today announced that its board of directors has increased the size of its board from five to six members and appointed John B. Shoven, Ph.D., 60, to the board. Dr. Shoven has also been appointed to the audit, human resources, and corporate governance and nominating committees of the board.
“We are excited to have John joining our board. In addition to John’s exceptional academic record, his experience in public policy, professional services, and corporate governance is complementary to our existing board,” said Exponent’s Chairman and CEO, Michael R. Gaulke.
Dr. Shoven is currently the Charles R. Schwab Professor of Economics at Stanford University, where he has taught since 1973. He is also the Wallace R. Hawley Director of the Stanford Institute for Economics Policy Research, a position he has held since November 1999 and earlier served in that capacity from 1989 to 1993. He served as Chairman of the Economics Department at Stanford University from 1986 to 1989 and as Dean of the School of Humanities and Sciences from 1993 to 1998. Dr. Shoven earned his Ph.D. in economics from Yale University and his bachelor’s degree in physics from University of California, San Diego. Dr. Shoven is a Fellow of the American Academy of Arts and Sciences, a recipient of the Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, an award winning teacher at Stanford, and has published more than one hundred professional articles and twenty books. He is also Chairman of the Board of Cadence Design Systems and a member of the Board of American Century Funds.
About Exponent
Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's multidisciplinary organization of scientists, physicians, engineers, and business consultants brings together more than 90 technical disciplines to address complicated issues facing industry and government today. The firm's consultants analyze failures and accidents to determine their causes and provide answers to help prevent such problems. In addition, Exponent evaluates human health and environmental concerns to find cost-effective solutions.
Exponent may be reached at (888) 656-EXPO, info@exponent.com, or www.exponent.com.
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