LA JOLLA, Calif., June 16, 2014 (GLOBE NEWSWIRE) -- PICO Holdings, Inc. (Nasdaq: PICO ) is pleased to announce that Board of Director member Carlos Cardozo Campbell once again has been honored with the prestigious title of NACD Fellow, the highest level of credentialing for corporate directors and corporate governance professionals.
As an NACD Fellow, Mr. Campbell has demonstrated his knowledge of the leading trends and practices that define exemplary corporate governance today and has committed to developing professional insights through a sophisticated course of ongoing study. Mr. Campbell became a member of the NACD inaugural class in 2011 of Board Leadership Fellows and has maintained the status as such to the present day. He was also elected to the NACD Directorship 100, the most influential directors of U.S. corporations. Mr. Campbell has participated in numerous professional forums with the NACD on governance, compensation and mergers & acquisitions.
"I am honored to continue being part of the distinguished and diverse group of individuals who make up NACD's Fellowship program and who have committed to advancing the highest standards of boardroom leadership," said Mr. Campbell. "The resources, insights and connections I've made through NACD's Fellowship program will be key assets to the companies I serve, as well as to my professional growth as a director."
Carlos C. Campbell has served as a member of our Board of Directors since 1998. He is Chair of the Compensation Committee, a member of the Audit and Corporate Governance and Nominating Committees. He is the President of Global 21, LLC, a strategic advisory company, (Formerly C.C. Campbell & Co.,
1985-2011) and Initiative Films, LLC (2011- Present). Mr. Campbell has served as a director of Resource America, Inc. since 1990. Mr. Campbell has also previously served as a director of eight other public corporations. Mr. Campbell has completed over two dozen seminars on director training. He has a Certificate of Director Education from the National Association of Corporate Directors and is a graduate of the Director's Institute, University of California Los Angeles where he was designated a Certified Corporate Director. He has completed seminars in corporate governance, auditing and compensation at the Harvard Business School.
Mr. Campbell served as the former Assistant Secretary of Commerce for Economic Development, U.S. Department of Commerce (1981-1984). Mr. Campbell has a B.S. in Construction Management from Michigan State University, a Certificate in Engineering Science from the U.S. Naval Post Graduate School, and a Master of City & Regional Planning from the School of Engineering & Architecture, Catholic University of America.
We believe that Mr. Campbell's extensive directorship training and his strategic advisory and government experience, two areas of expertise that are important to certain areas of our operating segments, enrich the makeup of the Board of Directors and provide keen insight into our businesses. Mr. Campbell's record of service as a director on public boards and with government agencies also gives him substantial experience on financial, governance, and risk oversight matters leading to our conclusion that he should serve on our board of directors.
"We are proud to announce that Carlos Cardozo Campbell remains a member of NACD's credentialed directors and that he continues in the pursuit of boardroom excellence," said Ken Daly, president and CEO of NACD. "Our fellows help advance the highest standards for those who serve in the boardroom, strengthening our businesses and driving director professionalism. The impact of this program is unmatched and they should be commended for their ongoing commitment to their own professional development."
About PICO Holdings, Inc.
PICO Holdings, Inc. is a diversified holding company. We seek to acquire, build, and operate businesses where significant value can be created from the development of unique assets, and to acquire businesses which we identify as undervalued and where our management participation in operations can aid in the recognition of the business's fair value, as well as create additional value. Our objective is to maximize long-term shareholder value. We manage our operations to achieve a superior return on net assets over the long term, as opposed to short-term earnings.
Max Webb Chief Financial Officer (858) 456-6022, ext. 216
