Pension Benefit Guaranty Corporation Appointment of Three Members of the Board of Directors.

The President today announced the appointment of three persons to be members of the Board of Directors of the Pension Benefit Guaranty Corporation for terms expiring February 19, 1980. They are:

KENNETH L. HOUCK, currently a member of this Board; assistant general counsel of Bethlehem Steel until his retirement in 1974; and management trustee of the United Mine Workers Health and Retirement Funds.

ROBERT TILOVE, senior vice president and consultant on employee benefit plans at Martin E. Segal Co. in New York. He replaces Eugene Burroughs, whose term has expired.

CAROL W. TRENCHER, currently a member of this Board, and a partner in the New York law firm of Dewey, Ballantine, Bushby, Palmer & Wood, where she works in the field of employee benefits.

The Pension Benefit Guaranty Corporation is an independent Government corporation established under the Employee Retirement Income Security Act of 1974, to insure private sector defined benefit pension plans.