Scpie (NYSE:SKP)
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SCPIE Holdings Inc. (NYSE:SKP), a major provider of
healthcare liability insurance, announced that Marshall S. Geller has
been appointed to its Board of Directors, effective June 22, 2006. He
fills a position as a director in the class with terms expiring at the
2008 Annual Meeting of Stockholders that was vacated by Charles B.
McElwee MD, who previously gave notice of his resignation from the
Board effective the same date.
Geller, 67, is the co-founder and Senior Managing Director of St.
Cloud Capital, a Los Angeles-based private investment fund. He has
more than 40 years of corporate finance and investment banking
experience.
"We are excited to be adding Marshall Geller to our Board," said
Donald J. Zuk, SCPIE President and Chief Executive Officer. "His
decades of experience in the business and financial communities will
be an invaluable asset. I also want to thank Dr. McElwee and recognize
him for his years of service on our Board and his many contributions."
Geller spent 21 years as Senior Managing Director for Bear,
Stearns and Company, with oversight of all operations in Los Angeles,
San Francisco, Chicago, Hong Kong and the Far East. Currently, he
serves on the boards of GP Strategies Corporation (NYSE:GPX) and Blue
Holdings, Inc. (NASDAQ:BLUE) among others, and serves as Non-Executive
Chairman of ValueVision Media, Inc. (NASDAQ:VVTV). Geller is also a
member of the Board of Governors of Cedars-Sinai Medical Center, Los
Angeles.
A native of Los Angeles, Geller earned his BS degree in Business
Administration from California State University, Los Angeles, where he
currently serves on the Dean's Advisory Council for the College of
Business and Economics.
About SCPIE Holdings
SCPIE Holdings Inc. is a leading provider of healthcare liability
insurance for physicians, oral and maxillofacial surgeons, and other
healthcare providers, as well as medical groups and healthcare
facilities. Since the company was founded in 1976, it has carved out a
significant niche in the insurance industry by providing innovative
products and services specifically for the healthcare community.