JORDAN ELECTED CHAIR OF BETHANY COLLEGE'S BOARD OF TRUSTEES

McCann Named Vice Chairman of the Board

BETHANY, W.Va. – Gregory B. Jordan, managing partner at Reed Smith, has been elected Chairman of the Board of Trustees at Bethany College. The appointment was announced during the College's annual spring Board meeting.

Jordan is replacing James F. Companion, who served as Chairman of the Board for the past nine years. Jordan joined the Bethany College Board of Trustees in October 2002.

Robert J. McCann, executive vice president of Merrill Lynch & Co., Inc. and president of the firm's Global Private Client Group, was also elected Vice Chairman of the Board during the meeting.

Jordan said, "It is an honor and a privilege for me to be elected Chair of the Board of Trustees of Bethany College. Bethany had a profound impact on my life and has contributed very directly to whatever success I have had. I look forward to the opportunity to help the College as it moves forward with its mission."

Jordan, a Bethany College graduate with the Class of 1981, and 1984 graduate of the University of Pittsburgh School of Law, has been with Reed Smith since 1984. He has served as the Managing Partner and Chairman of the Senior Management Team and the Executive Committee since 2001.

During his tenure as Managing Partner, Reed Smith has completed a series of combinations in London, Munich, Paris, California, New York and Washington to become one of the 20 largest law firms in the world, with approximately 1,100 lawyers.

In 2003, The American Lawyer named Jordan one of the country's top 45 lawyers under 45.

Jordan's practice involves primarily banking and financial services litigation, securities and derivative litigation, trade secrets litigation, and media and first amendment litigation. He is currently lead counsel for Bank of America in national class actions involving the bank's common trust fund conversions, and has tried and argued a number of significant cases in those fields.

In addition to his role of Chairman of Bethany College's Board of Trustees, Jordan also serves on the Board of Trustees at the Carnegie Science Center and the Duquesne Club, both in Pittsburgh. He has been listed in Best Lawyers in America since 1995.

A native of Wheeling, W.Va., Jordan currently resides in Sewickley, Pa., with his wife, Ellen, and their two daughters, Audrey and Emma.

McCann, a 1980 graduate of Bethany College, was re-elected to the College’s Board of Trustees in 2005. He previously served on the Board from 1992 to 2000. In the spring of 2000, McCann was awarded the Distinguished Service to Alma Mater Award sponsored by the Bethany College Alumni Association. This award is the highest recognition award given annually for alumni involvement, volunteer service and support of Bethany.

McCann said “I am honored to return to the Board of Trustees, and I look forward to working with Greg Jordan and the entire Board. Bethany is a special place, the education I received and the relationships I formed here changed my life. I am proud to now help the College reach a new generation of students.”

As executive vice president of Merrill Lynch & Co., Inc. and president of the firm’s Global Private Client Group, McCann oversees the firms, wealth management, insurance, banking and retirement services businesses globally. With offices in 36 countries and territories, more than 15,000 financial advisors and $1.5 trillion in client assets, it is the largest business of its kind in the world. McCann is also a member of the firm’s Executive Management and Operating Committees.

McCann was named president of Global Private Client in June 2005. He has held a series of positions joining the company in 1982. From August 2003 until June 2005, he served as vice chairman of the firm’s Wealth Management Group, overseeing Global Private Client, Merrill Lynch Investment Managers and Global Securities Research and Economics.

McCann serves on the Executive Committee of the Board of Directors of the American Ireland Fund. He is also chairman of the Sponsors for Educational Opportunity (SEO) Advisory Council, a member of the board of directors for the Security Industry Association (SIA) and vice chairman of the Cardinal’s Committee for Charity.

In addition to his undergraduate degree from Bethany, McCann received his M.B.A. from Texas Christian University. He lives in Madison, N.J., with his wife, Cindy, and two daughters, Meredith and Madeline.

Companion, former Chairman of the Board of Trustees, is associated with Schrader, Byrd, Companion and Gurley, Wheeling attorneys at law. He graduated from Triadelphia High School and Bethany College in 1963. Companion received his law degree from the University of Michigan Law School, and served as a first lieutenant with the United States Army.

Companion will continue to serve as a member of the Board of Trustees. He first joined the Board in 1985 and has assisted the College through two presidential transitions.

Commenting on Mr. Companion’s leadership, Bethany President G.T. "Buck" Smith, said "During the time he was Board Chair, enrollment increased roughly 20 percent and the College experienced record gift support. His experience and continued presence on the Board will be immensely important now as we go forward."

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