DST Announces Election of New Director
August 12, 2002
KANSAS CITY, MO. (August 12, 2002)—DST Systems, Inc. announces that on July 30, 2002, the DST Board of Directors elected Travis E. Reed as a member of the Board. The election of Mr. Reed fills the vacancy created by the retirement and resignation of James Castle.
Mr. Reed is founder and President of Reed Investment Corporation. Mr. Reed began his career at Lockheed Aircraft and North American Aviation and has served in the role of president, chief operating officer and other executive officer positions at Geothermal Resources International, Inc., Commercial Aircraft Leasing Corporation, and Systems Capital Corporation.
Mr. Reed also served as U.S. Assistant Secretary of Commerce under President Gerald Ford and headed the department of Commerce's Domestic and International Business Administration.
Originally established in 1969, DST is a leading global provider of sophisticated information processing and computer software services and products to the financial services industry (primarily mutual funds and investment managers), video/broadband/satellite TV industry and other services industries.
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