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12/15/93

CONTACT: Stanford University News Service (415) 723-2558

Morgan, Schwab elected to Stanford Board of Trustees

STANFORD -- Former California State Senator Rebecca Morgan and financial services leader Charles Schwab have been elected to the Stanford Board of Trustees for five-year terms.

Their election by the sitting trustees Monday, Dec. 13, brings the board to its full complement of 34.

Morgan is president and chief executive officer of Joint Venture: Silicon Valley Network - a business, government and education consortium.

She received her master's degree in business administration from Stanford in 1978, after five years as a trustee of the Palo Alto Unified School District.

She later served as a Santa Clara County supervisor and was a member of the California State Senate from 1984 to 1993, serving as chairwoman of the Senate Select Committee on Child Care and Development, and as vice chairwoman of several other Senate committees.

Her Stanford activities have included working as a member of the Graduate School of Business Advisory Council and the Haas Center for Public Service Advisory Committee, and as a director of the Cardinal Club.

Schwab, chairman and chief executive officer of San Francisco-based Charles Schwab & Co., Inc., earned a bachelor's degree at Stanford in economics in 1959 and a master's in business administration in 1961.

He is a director of Transamerica Corp., The Gap Inc., Schwab Investments and the Charles Schwab Family of Funds; author of How to Be Your Own Stock Broker; and a trustee of Menlo School and College, and the San Francisco Museum of Modern Art.

His Stanford-related activities have included service on the advisory board of the Stanford Center for Economic Policy Research, the Graduate School of Business Advisory Council, and the National Centennial Campaign Major Gifts Committee in San Francisco.

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