R. Corey Booth Selected as Director of Office of Information Technology

FOR IMMEDIATE RELEASE
2004-4

Washington, D.C., Jan.14, 2004 -- The U.S. Securities and Exchange Commission announced that R. Corey Booth today joined the agency as CIO (Chief Information Officer) and Director of the Office of Information Technology.

One aspect of SEC Chairman William H. Donaldson's ongoing review of the internal operations of the SEC focuses on efforts to improve and more effectively utilize technology. Booth, 33, will oversee a comprehensive review of all information technology (IT) efforts and lead the development of a comprehensive, multi-year strategic plan. The IT strategic plan will be designed to support the many new initiatives needed to enhance the agency's programs.

SEC Chairman William H. Donaldson said, "The effective integration of improved technology into the SEC work processes is a key priority at the SEC. I am pleased that Corey Booth will soon join us to coordinate and oversee this important effort. Our success will enable the SEC to more effectively serve the needs of our primary client: the American investor."

Corey Booth said, "I look forward to working with the very capable team at the SEC to implement cutting-edge technologies. In particular, the implementation of an enterprise architecture, that ensures effective coordination of innovative technologies and results in seamless coordination between SEC divisions and offices, will be key to our success in this area."

Booth most recently was the Associate Principal of McKinsey and Company's Business Technology Office in Chicago, Ill. As a leader of that consulting practice, Booth focused on information technology, working with a variety of large corporate IT organizations, primarily within the financial services industry.

Booth earned his MBA from Stanford University's Graduate School of Business after receiving his BA from Washington University.