Junker Re-Elected Chairman Of Penn State’s
Board Of Trustees; Hintz Re-Elected Vice Chairman

January 21, 2000
University Park, Pa. -- Edward P. Junker III, retired vice chairman of PNC Bank Corp., and Edward R. Hintz, President of the New York investment firm of Hintz, Holman and Hecksher, Inc., were re-elected chairman and vice chairman of Penn State’s Board of Trustees today (Jan.21).

Junker, a prominent member of the Erie community, has served on Penn State’s Board since1986, when he was first elected by the delegates of the industrial societies. Since then, he has been re-elected for succeeding terms and was elected chairman in 1998 after having served as vice-chairman for two years.

A 1959 graduate of Penn State and a graduate of the Stonier Graduate School of Banking at Rutgers University, Junker joined Marine Bank -- predecessor to PNC Bank Northwest PA -- as an assistant vice president in 1964. He was elected president in 1974 and chief executive officer in 1983. In 1985, he was elected chairman and CEO of PNC Bank Northwest PA and vice chairman and director of PNC Bank Corp. He retired in March 1997, but continues to represent the bank externally.

Hintz has been a member of the board since 1994, when he was elected by delegates from industrial societies. He was elected vice chairman in 1998. Founder of the New York investment firm of Hintz, Holman, and Hecksher, Inc., he began his career as an investment manager and analyst, working for several top firms in the securities field before founding his own firm in 1974.

His firm has been consistently cited in The Wall Street Journal as having an outstanding long-term investment record. A 1959 graduate from Penn State with a bachelor’s degree in finance, he also received an MBA from Harvard in 1963. He is chair of A Grand Destiny: The Penn State Campaign.

Also elected officers of the Board of Trustees were incumbents Paula R. Ammerman, associate secretary; Carolyn A. Dolbin, assistant secretary; Joan L. Coble, assistant secretary, Diane J. Shaw, assistant secretary; Gary C. Schultz, treasurer; David E. Branigan, associate treasurer; and David F. Marshall, assistant treasurer.

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Contact: Christy Rambeau (814) 865-7517 or e-mail at