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April 2001

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From:
Newserve <[log in to unmask]>
Date:
Wed, 11 Apr 2001 19:54:46 -0400
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April 11, 2001

FOR RELEASE: Upon receipt               CONTACT: Enrique Corredera

SEARCH COMMITTEE RECOMMENDS
INTERIM PRESIDENT CANDIDATE TO TRUSTEES

        The search committee for interim president at the University of
Vermont tonight recommended Edwin Colodny -- an accomplished business
executive with strong ties to academia, Vermont and UVM - for appointment
to the post.

        Colodny is a native of Burlington who has maintained strong ties
with UVM, namely through membership in the School of Business Board of
Advisors. His involvement in higher education includes membership on the
University of Rochester Board of Trustees, which he chaired from1985 to
1988. He also chaired that school's $350 million capital campaign. He has
established scholarship programs for undergraduates at UVM (through a
$200,000 bequest), Rochester, Eastman School of Music, Middlebury College,
Wellesley College and Kings College.

        Colodny's business experience is extensive and high-profile.
During a career at US Airways that spanned 35 years - an era when the
company grew from a small regional player to a major national carrier with
$6.5 billion in revenues - Colodny rose through the ranks to become
president and chief executive officer from 1975 to 1991. He also held
positions of president and chief executive officer of US Airways Group
from 1978 to 1991 and chairman of the board from 1978 to 1992. Colodny
joined US Airways in 1957 as assistant to the president. As he moved up in
the company, he held several posts with responsibility for customer
service, in-flight services, station operations, marketing, advertising
and sales promotion.

        Following his legacy at US Airways, he became chairman of the
board of Comsat Corp., a leading provider of global satellite and digital
networking services that merged into Lockheed Martin Corp. as he left the
post.

        Prior to his corporate work, Colodny had served with the Office of
the Judge Advocate General as first lieutenant  in the U.S. Army, and
subsequently was a trial attorney with the Civil Aeronautics Board. He
currently does work with the law firm of Paul, Hastings, Janofsky & Walker
in Washington, D.C.

        His ties to Vermont, in addition to family visits, have involved
nine years of service on the Board of Trustees of the Shelburne Museum. In
1995, he was the commencement speaker for UVM's School of Business.

        Colodny completed his undergraduate studies at University of
Rochester in 1948 and graduated from Harvard Law School in 1951. He is a
1944 Burlington High School graduate. He holds honorary advanced degrees
from Robert Morris College, doctorate of commercial science; Middlebury
College, doctor of laws; and Kings College, doctor of humanities.

        "I am very excited about the possibility of Mr. Colodny joining us
as our interim president at UVM," said Trustee Martha Heath, chair of the
search committee. "He has demonstrated the ability to provide strong
leadership for complex organizations. I really think he is uniquely and
extensively equipped to succeed."

        The UVM Board of Trustees is scheduled to meet Thursday at 5:30
p.m. via teleconference to privately consider the committee's
recommendation.

                           -- 30 --

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