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EISENHOWER ELECTS NEW CHAIRMAN OF THE BOARD

Alvin V. Shoemaker has been elected Eisenhower Medical Center’s Chairman of the Board. A member of Eisenhower Medical Center’s Board of Trustees for the past five years, Mr. Shoemaker brings a multiplicity of leadership experience to the Board, having held senior positions, including chairman and chief executive officer, for numerous organizations.

Since joining the Board of Trustees in 2003, Mr. Shoemaker has witnessed firsthand Eisenhower’s exponential growth. “As Chairman, I believe we are on our way to becoming more than a community hospital, but a regional medical center with an affiliation with a medical school,” says Mr. Shoemaker. “We are raising the bar.”

Personally and professionally, Mr. Shoemaker has raised the bar since graduating from the Wharton School of the University of Pennsylvania in 1960 and earning a law degree from the University of Michigan in 1963. Honored by the Wharton School in 2007 as one of its 125 Most Influential People, Mr. Shoemaker began his career at the United States Treasury and with the Investment Bankers Association before joining First Boston (now Credit Suisse) as vice president in 1969.

In 1978, Mr. Shoemaker left First Boston and became president and Chief Executive Officer of Blyth Eastman Paine Webber. He returned to First Boston in 1981, becoming chairman in 1983, overseeing some of Wall Street’s largest merger and acquisition deals of the 1980s. Mr. Shoemaker helped pilot the deal to merge First Boston with Credit Suisse, its European affiliate, before retiring as chairman of the board in 1989.

In the 1990s, Mr. Shoemaker helped his Alma Mater, the University of Pennsylvania raise more than $1 billion in capital funds as chairman of its Board of Trustees. In 1994, he received Penn’s Alumni Award of Merit, given for outstanding service to the university, and in 1995 he received an honorary doctorate.

Mr. Shoemaker has been involved on numerous committees, and was formerly vice chairman of the Securities Industry Association and a member of the Presidential Advisory Committee for Trade Negotiations. In 2002, he joined the Board of Directors for Wynn Resorts, Ltd.

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