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Laird Norton Hires Non-Family CEO-Divides Responsibilities Between Company & Family Office

Laird Norton Company LLC, a multi-generational family-owned business founded in 1855, recently announced that it has hired a chief executive officer to oversee its business operations and various investments.

It also created a new structure that divides responsibilities between those activities and the family office.

Jeffery S. Vincent joins as president and CEO of business and investment activities. Prior to joining the company, Vincent was president of Automated Solutions Group in Elmhurst, Illinois, and an executive vice president of the Chamberlain Group. Both were part of Duchossois Industries, a family-owned business with solar shading, home audio distribution, and residential and commercial door operator products.

Peter A. Evans, president of Laird Norton Company's Family Office since June 2000, will continue to focus on the stewardship of the human, intellectual and social assets of the family--over 300 members spanning four generations. Through a variety of positions, Evans has served the company for more than ten years, most recently as director and vice president.

"This is a natural evolution for us as a seven-generation company," Evans said. "Over the years our family and business operations have grown increasingly complex. Jeff brings a specialized financial, operational, and strategic expertise that will continue the growth of the company. We are creating a collaborative team that brings together the best elements of both family and business while maintaining the core values upon which Laird Norton Company was founded."

"We see this as an opportunity to build upon the Laird Norton legacy and create an organization with the vision to last another 145 years," Vincent said. "I accepted this position because it offers the unique challenge of developing an exciting family holding company for the 21st century."

Laird Norton Company LLC, a holding company with a portfolio of investments and subsidiary companies, is headquartered in Seattle's Norton Building. Total revenues in 2000 exceeded $1.3 billion.




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