NASD® And Nasdaq Chairman Zarb Praises Bush's Choice Of Paul O'Neill As Treasury Secretary

National Association of Securities Dealers (NASD®) and Nasdaq Chairman, Frank G. Zarb, today soundly praised President-elect George W. Bush's choice of Paul H. O'Neill as Secretary of the Treasury. "I'm delighted that Paul will have this opportunity to serve the American people," Zarb said. "He has been a good friend and colleague for the last 30 years. I don't think President-elect Bush could've made a better choice. He'll be an excellent Treasury Secretary. Bush's choices thus far have certainly been astute; he's surrounded himself with talented and dedicated people."

Currently, O'Neill is chairman of Alcoa Inc. He joined the company in 1987 as chairman and chief executive officer. Prior to that, he served as president of International Paper Company, having previously served as its vice president of Planning. O'Neill serves on several boards and advisory groups, including the NASD Board of Governors, the RAND Corporation, the Institute for International Economics, Lucent Technologies, Council for Excellence, and the Gerald R. Ford Foundation.

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