Department of Commerce Nomination of Frank A. Well To Be an Assistant Secretary.

The President today announced that he will nominate Frank A. Well to be an Assistant Secretary of Commerce (Domestic and International Business). Well is presently officer, director and consultant to Paine, Webber, Jackson & Curtis in New York City.

He was .born in Bedford, N.Y., on February 14, 1931. He received a B.A. from Harvard College in 1953 and an LL.B. from Harvard Law School in 1956.

From 1956 to 1960, Well practiced law in New York City. From 1960 to 1971, he was a general partner with Loeb, Rhoades & Co. in New York, and from 1968 to 1972 he was president of the Abacus Fund, Inc., a New York investment company. In 1972 he joined Paine, Webber, Jackson & Curtis.

Weil is chairman of the tax committee and a member of the New York State Economic Development Board. He is also chairman of the New York State Board of Equalization and Assessment.

Weil is a trustee and past president of the Educational Alliance in New York; trustee and past chairman of The Harvey School; trustee and secretary of the Federation of Jewish Philanthropies of New York City; and trustee and chairman of the Cooperative Assistance Fund, a Washington-based minority enterprise investment company.

He holds directorships in Dorr-Oliver Inc., Stamford, Conn.; Hamburg Savings Bank, New York City; J. B. Lippincott, Philadelphia; and Government Research Corporation, Washington, D.C.

Weil is married to the former Denie Sandison. They have four children and reside in New York City.