Tennessee Valley Authority Nomination of Richard M. Freeman To Be a Member of the Board of Directors.

The President today announced that he will nominate Richard M. Freeman, of Glencoe, Ill., to be a member of the Board of Directors of the Tennessee Valley Authority for a 9-year term. He would replace Aubrey Wagner, whose term has expired.

Freeman was born July 2, 1921, in Crawfordsville, Ind. He received an A.B. from Wabash College in 1943 and an LL.B. from Columbia University Law School in 1948.

From 1948 to 1957, Freeman was an attorney in the law department of the Tennessee Valley Authority, counseling the resource development program and handling administrative and court litigation. From 1957 to 1967, he was a partner in the law firm of Belnap, Spencer, Hardy & Freeman, which represented industries, railroads, barge lines, and motor carriers before the Interstate Commerce Commission.

Since 1967 Freeman has been with the Chicago and North Western Transportation Co. (formerly the Chicago and North Western Railway Co.), serving as vice president—law; as one of three trustees, voting the Class A common stock, most of which is owned by employees of the company; and one of three members of the executive committee of the board. Freeman was one of two persons who worked out the formation of the Chicago and North Western Transportation Co. and the employee purchase of the Chicago and North Western Railway Co. in 1972.