May 22, 1984
The President today announced his intention to nominate Frances Todd Stewart to be a member
of the Board of Directors of the Overseas Private Investment Corporation, United States
International Development Cooperation Agency, for a term expiring December 17, 1986.
Since 1979 Mrs. Stewart has been president and owner of Kerr-Hays Co. in Ligonier, PA, which
manufactures, exports, and imports plastic housewares and promotional products. In 1983 she
also became the chief executive officer. Previously, she served on the board of directors of
Marlborough Ltd. (1979 - 1983) and was New England sales manager for Kerr-Hays Co. (1979).
In 1978 she became a member of the Young Presidents Organization, the youngest woman ever
to do so. She is a member of the Committee of 200, a group of several hundred of the Nation's
top businesswomen. She also serves on the Pittsburgh Advisory Board for the National
Association of Women Business Owners and the Women in Business Advisory Board for the
Overseas Education Fund. Mrs. Stewart is chairman of the Management Assistance and
International Trade Committee of the Pittsburgh Advisory Board for the Small Business
Administration.
Mrs. Stewart graduated from Williams College (B.A., 1978). She is married to Charles P. Stewart
and resides in Ligonier, PA. She was born October 5, 1956, in Pittsburgh, PA.