Stanford University

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NEWS RELEASE

07/12/94

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

Isaac Stein elected to board of trustees

Palo Alto resident Isaac Stein, president of the investment firm Waverley Associates Inc., was elected in June to a five-year term on the Stanford Board of Trustees.

A member of the Stanford Hospital Board of Directors from 1988 to 1993, Stein last year was vice chair of a presidential task force that suggested creation of Stanford Health Services, a new organization designed to unify patient-care operations of the Stanford University Hospital and the Faculty Practice Program. He now chairs the new entity's board.

Stein's other Stanford activities include membership on the Peninsula Major Gifts Council and the national advisory board of the Haas Center for Public Service. He is a member of the Law School Board of Visitors and he served on the Hospital Modernization Project Committee.

Stein graduated in economics and mathematics from Colgate University in 1968 and earned degrees in 1972 from Stanford's business and law schools. He was a partner at the San Francisco law firm of Heller, Ehrman, White & McAuliffe, specializing in corporate and securities matters until 1979, when he joined Raychem Corp. There, he was vice president, secretary and treasurer, as well as chief financial officer and general counsel. In 1983, he formed Waverley Associates.

Stein is former chairman of the apparel company Esprit de Corps, where he also served as acting president and chief executive officer in 1991-92. Currently, he is a director of ALZA Corp., Raychem Corp. and the Benham Group of mutual funds.

Stein's wife, Madeline, earned a master's degree in education from Stanford in 1970. Their two children are attending Dartmouth and Princeton.

At their June meeting, trustees re-elected John Freidenrich as chairman. Elected as vice chairs were John Lillie, James Ukropina, Luis Nogales and Denise O'Leary. University staff member Lowell Price was elected secretary.

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