Nomination of Richard H. Hughes To Be a Member of the Board of Directors of the Export-Import Bank of the United States

The President today announced his intention to nominate Richard H. Hughes to be a member of the Board of Directors of the Export-Import Bank of the United States for a term expiring January 20, 1985. He would succeed James Ernest Yonge.

Mr. Hughes is currently chairman of the board and chief executive officer of Hinderliter Industries, Inc., of Tulsa, OK. He is also affiliated with the Telex Corp.; Bray Lines, Inc.; Beverage Products Corp.; and Sierra Real Estate Equity Trust. He is a visiting professor in entrepreneurial management in the School of Business at Oral Roberts University.

He serves as a member of the American Business Conference and the Interstate Oil Compact Commission. He is also a member of the board of directors of the National Bar Foundation.

He graduated from Yale University (B.A., 1954) and Harvard Business School (M.B.A., 1959). He is married, has two children, and resides in Tulsa, OK. He was born October 9, 1932, in Tulsa.