FEI Announces 2009 Hall of Fame Inductees

Dennis D. Dammerman and Donald T. Nicolaisen to be Honored at Celebratory Gala
on Nov. 16

FLORHAM PARK, N.J., July 30 /PRNewswire/ -- Financial Executives International
(FEI), the preeminent association for financial executives, today announced
that Dennis D. Dammerman, former vice chairman of the board and executive
officer of General Electric Company and Donald T. Nicolaisen, former U.S. SEC
chief accountant and co-chair of the U.S. Treasury Department's Advisory
Committee on the Auditing Profession, have been selected as the 2009 inductees
to the FEI Hall of Fame. Now in its fourth year, the FEI Hall of Fame
recognizes individuals who epitomize the performance, leadership and integrity
of the most exemplary financial executives throughout their careers.

Dennis D. Dammerman and Donald T. Nicolaisen will join an impressive roster of
past inductees, which includes Dennis R. Beresford (2006), Frank J. Borelli
(2006), F. Gorham Brigham, Jr. (2006), Thomas Jones (2007), Robert W. Moore
(2006), Charles H. Noski (2006), John F. Ruffle (2008), Susan Schmidt Bies
(2008), and Samuel Siegel (2007). The honor was established in 2006 as part of
FEI's celebration of its 75th Anniversary as a professional organization. The
2009 class of inductees will be formally honored during an induction ceremony
at the FEI Hall of Fame black tie Gala Dinner on November 16, 2009 at the New
York Palace in New York City. The event will be hosted by CNBC correspondent
Bob Pisani.

"Each year, FEI looks forward to shining the spotlight on dedicated and
well-deserving individuals who represent executive excellence in the finance
profession with their admission into FEI's Hall of Fame," said Marie Hollein,
President and CEO of FEI. "We are exceptionally pleased to recognize the
tremendous achievements of Mr. Dammerman and Mr. Nicolaisen, both of whom
exemplify the values that have been crucial to FEI since our formation in 1931
-- leadership, ethics and innovation."

"Microsoft continues to take pride in sponsoring FEI's Hall of Fame for the
third consecutive year, and we join in applauding this year's inductees," said
Frank H. Brod, Corporate Vice President, Finance and Administration and Chief
Accounting Officer, Microsoft Corporation. "The FEI community is comprised of
financial leaders whose high caliber is second to none. The 2009 Hall of Fame
recipients have demonstrated innovation, integrity and a standard of
professional excellence throughout their careers, qualities that we at the
Microsoft Corporation strongly uphold."

A look at the inductees' significant accomplishments and impact on the
financial community includes:

Dennis D. Dammerman served as vice chairman of the board and executive officer
of General Electric Company from 1998-2005. Over this period of time, he was
also named director, chairman and chief executive officer of GE Capital
Services, having served on the GE Board of Directors since 1994. Throughout
his distinguished 38-year career with the company, Mr. Dammerman held
positions of increasing importance, including being appointed chief financial
officer in 1984 while concurrently served as the chairman and CEO of Kidder,
Peabody Group, Inc. between 1994 and 1995 prior to its sale to PaineWebber.

Mr. Dammerman currently serves on the Boards of Directors at BlackRock, Inc.,
American International Group, Inc., Capmark Financial Group, and the Municipal
and Infrastructure Assurance Corporation. He was a FEI member from 1984 to
2005.

Donald T. Nicolaisen, CPA, formerly served as the chief accountant at the U.S.
Securities and Exchange Commission from 2003-2005. He was also selected by the
U.S. Department of the Treasury to serve as co-chair of the Advisory Committee
on the Auditing Profession, which issued its report in 2008. Prior to joining
the SEC, Mr. Nicolaisen was a senior partner at PricewaterhouseCoopers where
he was a member of the board, chaired the partner affairs committee, led the
financial services practice and served as the engagement and global
relationship partner for several of the firm's largest clients.

Currently, Mr. Nicolaisen sits on the Board of Directors at Morgan Stanley,
MGIC Investment Corporation, Verizon Communications, Inc., and Zurich
Financial Services in addition to serving in a variety of advisory capacities
to several Fortune 25 companies. He has also been an active participant with
the Financial Crisis Advisory Group, a group of experienced leaders that
provides advice to the International Accounting Standards Board and U.S.
Financial Accounting Standards Board, and is on the Board of Advisors at the
University of Southern California's Leventhal School of Accounting.

Nominees were evaluated on their exceptional attributes in categories
considered essential to executive excellence, including individual and
organizational performance, leadership, integrity and respect for others,
innovation, and community involvement. Inductees were selected by a committee
comprised of corporate leaders that include current and past FEI leadership.
Additional information can be found at www.feihall.org.

ABOUT FEI:
Financial Executives International is the leading advocate for the views of
corporate financial management. Its 15,000 members hold policy-making
positions as chief financial officers, treasurers and controllers. FEI
enhances member professional development through peer networking, career
management services, conferences, teleconferences and publications. Members
participate in the activities of 85 chapters, 74 in the U.S. and 11 in Canada.
Visit www.financialexecutives.org for more information.
MEDIA CONTACTS:
Kristen Lewko Lili DeVita
FD FEI
212-850-5756 973-765-1021
kristen.lewko@fd.com ldevita@financialexecutives.org

SOURCE Financial Executives International

Kristen Lewko of FD, +1-212-850-5756, kristen.lewko@fd.com; or Lili DeVita of
FEI, +1-973-765-1021, ldevita@financialexecutives.org