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[[underlined]] Report of the Personnel Committee [[/underlined]]

The Personnel Committee of the Board of Regents, consisting of the undersigned, has carefully reviewed the [[underlined]] Confidential Statement of Employment and Financial Interests [[/underlined]], fully filled out with respect to financial interests in calendar year 1987 and submitted by each of the following employees:

Robert McC. Adams
Dean W. Anderson
John F. Jameson
David Challinor
Ralph C. Rinzler
Tom L. Freudenhelm
Thomas E. Lovejoy
Robert S. Hoffmann
Peter G. Powers
Ann R. Leven
James M. Hobbins
Margaret C. Gaynor

As a result of careful review of these statements as submitted, the Committee has unanimously decided that there is no conflict of interest whatsoever involved and that no action of any kind concerning conflict of interest need be taken with regard to any of these employees. 

The Committee also received and reviewed a report of the General Counsel/Ethics Counselor entitled "Submission and review of Forms SI-1085, 'Confidential Statement of Employment and Financial Interests,' for Calendar Year 1987." From that report the Committee has unanimously agreed that the financial reporting procedures for those key staff who must report have functioned in accordance with established guidelines, and it is worth noting that the General Counsel/Ethics Counselor has found no evidence of conflict of interest among the employees' reports.

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