SOURCE: FSSCC

July 16, 2007 13:32 ET

Financial Services Sector Coordinating Council Announces Leadership Change, Names Shawn Johnson New Vice Chairman

CHICAGO, IL--(Marketwire - July 16, 2007) - The Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (FSSCC) announced today that Shawn Johnson has been appointed to the position of vice chairman. He replaces Albert Wood who recently resigned from the position.

Mr. Johnson is chairman of the Investment Committee of State Street Global Advisors (SSgA), the world's largest institutional asset manager, and Director of Institutional Fiduciary Services. In addition to managing SSgA's team of economists and strategists, he also oversees SSgA's private equity investments. During his 10-year career at State Street, he has also managed SSgA's global fundamental investment research and analysis (equity and high yield), as well as SSgA's fundamental coverage of securities and markets worldwide.

Prior to joining SSgA, Mr. Johnson was vice president of Business Development for MGA Software; a manager for Braxton Associates, Deloitte & Touche's Corporate Strategy Consulting Group; president of TMT Software Company; and a manager for General Electric's Aerospace Business Group. He also served as an Intelligence Officer with the United States Naval Reserve. Mr. Johnson earned a B.S. in Aerospace and Ocean Engineering and a M.S. in Electrical Engineering from Virginia Polytechnic Institute and State University (Virginia Tech), as well as an MBA from the Amos Tuck School of Dartmouth College. Mr. Johnson is also a trustee of Berea College.

"We are thrilled to have Shawn assume the role of Vice Chairman," said George Hender, FSSCC Chairman. "His extensive background will provide an important perspective for this position in helping to ensure resiliency of the U.S. financial sector."

About FSSCC:

The Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (www.fsscc.org) is a group of more than 30 private-sector firms and financial trade associations that works to help reinforce the financial services sector's resilience against terrorist attacks and other threats to the nation's financial infrastructure. Formed in 2002, FSSCC works with the Department of Treasury, which has direct responsibility for infrastructure protection and homeland security efforts for the financial services sector, while also serving under the overall guidance of the Department for Homeland Security.

Note: Photo of Mr. Johnson available upon request

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