September 24, 2001

Rockwell A. Schnabel of UCLA Anderson's Board of Visitors Named U.S. Ambassador to the European Union

Los Angeles — President George W. Bush recently announced the appointment of Rockwell A. Schnabel as the ambassador to the European Union representing the United States of America.

A member of the Board of Visitors for UCLA Anderson since 1998, Ambassador Schnabel currently serves on the development committee. He has been a generous contributor to UCLA Anderson and recently participated in the establishment of the Anderson CoInvestment Fund as a founding donor.

"Rockwell Schnabel has extensive experience working with European nations as an international financier, former official at the U.S. Department of Commerce, and past diplomat. He will be an excellent representative of the United States to the E.U. at this critical juncture in our relationship as we work together toward a new global trade round and look to expand our relationship with Europe," said President Bush.

Ambassador Schnabel's former government service includes a prior U.S. ambassadorship to Finland, a post he held from 1986 to 1989. Between 1989 and 1992, he held various positions in the Department of Commerce, first as Under Secretary of Commerce for Travel and Tourism, then as Acting Secretary of Commerce, and finally as Deputy Secretary of Commerce. In addition, he was a member of the Los Angeles Olympic Committee, serving as the envoy to the Netherlands for the 1984 Olympic Games. From 1993 to 1996, he served as president of the Los Angeles Fire and Police Pension Board of Commissioners, which oversees the fund's $7 billion investment.

Schnabel is co-chairman and founder of Trident Capital LLP, a private equity investment firm in Los Angeles, and serves on the boards of CSG Systems, Inc., Cyprus Amax Minerals Company, Inc., International Game Technology, Inc., Pegasus Systems, Inc., and REZsolutions, Inc. Prior to his current positions and government service, he was in senior management, including chairman of the executive committee and president of the holding company, for Bateman, Eichler, Hill Richards, Inc., now Everen Securities.

The recipient of several honors, Schnabel was awarded the Grand Cross of the Order of the Lion of Finland by the President of Finland in 1989, as well as the U.S. Department of Commerce Gold Medal Award for Excellence in Leadership in Management, the department's highest honor. For his work during the 1984 Olympic Games, he received the Medal of Honor from the Netherlands Olympic Committee and the Gold Medal given by the Dutch government. Ambassador Schnabel is originally from the Netherlands where he graduated from Trinity College.

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