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Paul E. Weaver Named Board Chairman

June 19th, 2007

The Statue of Liberty-Ellis Island Foundation, Inc. announced today that Paul E. Weaver has been named Chairman of its Board of Directors. Mr. Weaver has served on the Foundation’s board since 2001. He becomes the organization’s fourth chairman, following its Founding Chairman Lee Iacocca and its Chairman Emeritus William F. May. Mr. Weaver replaces John B. Turbidy, one of the Foundation’s founding board members, who has been Board Chair since 2004 and remains on the Board.

“I am pleased to hand over the chairmanship of the Foundation to Paul Weaver, who has been an active and valuable member of our Board,” said John Turbidy. “Paul’s extensive business and professional experience, his leadership ability and his philanthropic interests make him an ideal choice to guide this organization in the future.” Mr. Turbidy added, “Our relationship with the National Park Service has been the most successful public-private partnership in American history, having raised more than $500 million for the restoration of the Statue and Ellis Island. We expect to continue working closely together in support of these two great monuments and their museums, which relate the vital role that immigration and citizenship have played in the history of our country.”

Mr. Weaver was a former Vice Chairman of PricewaterhouseCoopers, LLP and chairman of the firm’s Global Technology/Infocom/Entertainment and Media group. In addition to years of experience in leadership and governance roles within PricewaterhouseCoopers, Mr. Weaver has over 30 years of experience in providing accounting, audit and business advisory services to many of the world’s largest multinational companies.

Mr. Weaver currently serves on the boards of Gateway, Inc., AMN Healthcare Services, Inc., and Idearc Media, Inc., as well as on the corporate advisory board of the University of Michigan Business School. Mr. Weaver is licensed as a CPA and received a BS from Elizabethtown College and an MBA from the University of Michigan.

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