Educational Testing Service

August 14, 2009 14:07 ET

David Hobson to Head ETS Social Investment Fund

Eleanor Horne to Retire After 40 Years of Service to Education

PRINCETON, NJ--(Marketwire - August 14, 2009) - Educational Testing Service (ETS) President and CEO Kurt Landgraf has appointed ETS Corporate Secretary David Hobson to head the company's Social Investment Fund, effective January 1, 2010. Hobson succeeds Eleanor Horne, who is retiring as head of the Fund at the end of the year, after 40 years of service to education.

Horne joined ETS in 1969, soon after graduating from Howard University in Washington, D.C. Her first position was Director of Test Collection; she later served as Corporate Secretary. Throughout her career, she directed much of her energies toward community-oriented projects designed to improve people's access to educational opportunities and to improve the quality of schooling.

She also worked on collaborations between ETS and Historically Black Colleges and Universities, the National Urban League and its affiliates, and the Hispanic Association of Colleges and Universities. She led the Social Investment Fund since its inception in 2006.

"Dave and I have been colleagues and friends for many years," says Horne. "Indeed, I couldn't imagine a more capable person to continue the fine work of the Fund. I'm thrilled for him."

"In his nearly four decades at ETS, Dave Hobson has developed an understanding of the organization, its products, services and markets that is virtually unmatched," says Landgraf. "The Social Investment Fund is a natural fit for his skills and experience."

The ETS Social Investment Fund (SIF) is the philanthropic and community service arm of the company. The augmentation to Hobson's responsibilities as corporate secretary becomes effective January 1, 2010, and he's already begun to work closely with Horne and the SIF team.

As ETS's Corporate Secretary, Hobson oversees corporate governance activities for ETS and its global subsidiaries. He also serves as liaison between the Office of the President and the Board of Trustees.

Since Hobson joined ETS in 1972, he has worked in the corporate and finance areas and in several strategic business units, including the former Teaching & Learning, School & College Services and Global divisions.

"Eleanor has done a wonderful job with the ETS Social Investment Fund and we will miss her contributions and leadership," says Senior VP for People, Process & Communications and Chief Administrative Officer Yvette Donado. "Given Dave Hobson's experience and skill set, we have the best possible replacement."

The SIF's philanthropic work focuses on:

--  helping nonprofit organizations acquire the resources they need to
    serve their communities and constituents,
--  encouraging and supporting ETS staff volunteerism,
--  developing partnerships with organizations that strengthen our
    communities, educate children and adults, reduce achievement gaps, and help
    individuals make effective educational transitions.

"Working with the Social Investment Fund is a real capstone for me," says Hobson. "It's an opportunity to integrate so much of what I've learned and done here at ETS and put that knowledge to work on behalf of the social mission and of people and communities in need. I am truly gratified by this appointment."

Hobson attended Rider University, from which he earned a bachelor's degree in economics and an MBA. In 2000, Hobson received the Robert J. Solomon Award for Innovative Management for his exemplary and entrepreneurial management of people, processes, and finances.

About ETS

At nonprofit ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English-language learning, and elementary, secondary and post-secondary education, as well as conducting education research, analysis and policy studies. Founded in 1947, ETS develops, administers and scores more than 50 million tests annually -- including the TOEFL® and TOEIC® tests, the GRE® test and The Praxis Series™ assessments -- in more than 180 countries, at over 9,000 locations worldwide.