Larry
Pressler maintains memberships on the boards of directors
or boards of advisors for seven well-known and respected
technology and investment companies. In a recent interview
for the publication Directors and Boards, Pressler
said of these memberships, "It is such a relief to
be on a board of directors or board of advisors where
you don't have to deal with partisanship--which has
been so poisonous the last few years in Congress.
I think that keeps good people out of government."
The reason Pressler is frequently asked to
serve as a Director of Corporations is that he had considerable experience in the US
Congress. By
the time he was serving his third Senate term, Pressler
had gained considerable seniority on four Senate committees
handling matters of key importance to the United States.
His crowning achievement was serving as the powerful
chairman of the Committee on Commerce, Science and
Transportation during the 104th congress--one of the
committee's most historic and productive legislative
sessions on record. No committee during the 104th
Congress produced more legislation that actually became
law than Pressler's Commerce Committee. During the
104th Congress, the Committee reported 97 bills and
resolutions out of Committee. Of these, 87 became
public law--an outstanding achievement during a Congress
known for its legislative gridlock. Pressler was the
author of the Telecommunications Act of 1996--The
controlling law in high tech communications to this
day.
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Alexander
Calhoun, senior partner in a major corporate law firm
in San Francisco, and a leading authority on corporate
governance, has said in a previous interview that
Pressler “is of inestimable value to the board
because of his knowledge of telecommunications issues
and his ability to explain the regulatory aspects
of the industry to the board.”
Pressler
sits on the board of directors for Infosys Technologies,
Inc. (http://www.infy.com),
an international software company based in Bangalore
India. Infosys is one of the world’s top ranked
software companies, generating $1 billion USD in annual
sales, $300 million USD in profits, $8 billion USD
in market capitalization, and has about 11,000 employees
worldwide. Senator Pressler visits Bangalore several
times year as a member of the board of directors.
Pressler is also on the advisory boards of several
other companies.
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