Marshall S. Geller Appointed to SCPIE Holdings Board of Directors
June 26 2006 - 8:15AM
Business Wire
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.
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