Former Sen. Daschle Joins CBRE Board

LOS ANGELES-Former US Sen. Tom Daschle of South Dakota, now with a law firm in Washington, DC, has been named to the board of directors of CB Richard Ellis Group Inc. Daschle, who served 25 years in Congress, becomes the 11th member of the CBRE board of directors.

Daschle is now a special policy adviser in the law firm Alston & Bird, where he advises clients on public policy issues with a special emphasis on financial services, health care, energy, telecommunications, taxes, trade and international matters. Brett White, president and CEO of CB Richard Ellis Group, says the former senator will bring insight and experience to the board regarding economic issues, international affairs and other issues.

Daschle was elected to the US House of Representatives in 1978, where he served four terms, and to the Senate in 1986. He was re-elected in 1992 and 1998. In his first year as a senator, he was appointed to the powerful Senate Finance Committee, an unusually choice committee assignment for a freshman.

As a senator in 1988, Daschle was named the first-ever co-chair of the Democratic Policy Committee, making him the first South Dakotan ever to hold a Senate leadership position. He became minority leader of the Senate in 1994 and majority leader in 2001.

Besides Daschle, other independent, non-employee directors on CB Richard Ellis’ board include Richard C. Blum, chairman; Jeffrey A. Cozad, Patrice Marie Daniels, Bradford M. Freeman, Michael Kantor, Frederic V. Malek, and Gary L. Wilson. The entire CB Richard Ellis board, including Daschle, will stand for election at the company’s next annual shareholders meeting in 2006.