Report for the Academic Years 1987-1988 and 1988-1989
Report for the Academic Years 1987-1988 and 1988-1989
Report for the Academic Years 1987-1988 and 1988-1989
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REPORT OF THE CHAIRMAN<br />
Data Systems, Xerox Corporation, Intel Corporation, Komag, Inc. <strong>and</strong> Daisy<br />
Systems, Inc. For <strong>the</strong> last two decades he has been a member of <strong>the</strong> Democratic<br />
Advisory Committee, <strong>and</strong> he is a member of <strong>the</strong> board of directors of <strong>the</strong><br />
American Civil Liberties Union.<br />
Ladislaus von Hoffinann was bom in Berlin, Germany. After completing his edu-<br />
cation at <strong>the</strong> University of Freiburg he worked with an affiliate of <strong>the</strong> Federation<br />
of German Industry <strong>and</strong> <strong>the</strong>n was associated, from 1953 to 1960, with Wasag<br />
Chemie in Germany <strong>and</strong> <strong>the</strong> Middle East. In 1960 he joined <strong>the</strong> International<br />
Finance Corporation <strong>and</strong> rose to <strong>the</strong> position of Executive Vice President be<strong>for</strong>e<br />
moving in 1977 to <strong>the</strong> Hochschild Group's Consolidated Mining <strong>and</strong> Industries.<br />
In 1984 he created a company, Omicron Holdings, Inc., <strong>and</strong> in <strong>1987</strong> he estab-<br />
lished Omicron Investments, Inc., a personally held company. He is now also<br />
president of Arcana Foundation, a private charitable foundation set up in 1986.<br />
The o<strong>the</strong>r Trustees <strong>and</strong> I look <strong>for</strong>ward to a long association with <strong>the</strong> four distin-<br />
guished new members of <strong>the</strong> Board <strong>and</strong> to many years of effective <strong>and</strong> imagina-<br />
tive collaboration in <strong>the</strong> service of <strong>the</strong> Institute.<br />
JAMES D. WOLFENSOHN, Chairman of <strong>the</strong> Board<br />
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