Stanford University

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NEWS RELEASE

1/23/96

CONTACT: Terry Shepard, University Communications (415) 725-8396

COMMENT: Mariann Byerwalter (415) 358-6140


Trustee, banker Byerwalter named Stanford VP and CFO

STANFORD -- Mariann Byerwalter, chief operating officer and chief financial officer of America First Eureka Holdings and chief financial officer of EurekaBank, has been named vice president for business affairs and chief financial officer of Stanford University, President Gerhard Casper announced Tuesday, Jan. 23.

She will start the new position, overseeing the financial and related business activities of the university, in February.

In addition to her current COO and CFO positions, Byerwalter is a member of the board of EurekaBank, and a partner and co-founder of America First Financial Corp., a San Francisco merchant bank, which developed a limited partnership and purchased EurekaBank from the government in 1988. She has performed all corporate development functions for EurekaBank, including acquisitions and divestitures.

Byerwalter, 35, has been an instructor for the American Bankers Association California Banking School for several years. Among her previous positions, she was vice president for strategic planning and corporate development at BankAmerica Corp. and vice president of BankAmerica Venture Capital Corp.

Byerwalter has a long association and involvement with Stanford. She is a member of the Stanford Board of Trustees, elected by alumni in 1992, and a member of the board of directors of Lucile Salter Packard Children's Hospital at Stanford. She was a member of the board of directors of the Stanford Alumni Association from 1985 to 1992, and served as chair of the board in 1991.

In 1982, Byerwalter earned a bachelor's degree in economics and political science/public policy at Stanford, where she served on the Council of Presidents, and in 1984, an M.B.A. from Harvard University.

"Mariann combines inside experience and knowledge of Stanford with outside experience and knowledge of business and finance," Casper said. "From the Board of Trustees and many other formal and informal discussions I have shared with her, I have come to greatly admire her intelligence, judgment and analytic power. In addition to being the best person for the job, she brings another of the next generation of leaders to Stanford."

"Stanford is an extraordinary institution with a reputation as a global leader in so many fields," Byerwalter said. "I'm excited to join the university at a time when it has such strong leadership, direction and momentum. I look forward to new challenges in academics, research and applied technology, and public and private partnerships. I also look forward to working with the administration, faculty, staff and students charting the future of one of the finest universities in the world."

In the restructured position of vice president and chief financial officer, Byerwalter succeeds Peter Van Etten, president and chief executive officer of Stanford Health Services, who was university CFO until moving to Stanford Health Services in April 1994.

Geoffrey Cox, vice provost for institutional planning and financial affairs, has been acting CFO since Van Etten's departure, and Casper expressed "great appreciation for his having done two large and difficult jobs simultaneously, and having done both so well."

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