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Posted March 21, 2005 


FENTON TALBOTT NAMED
TO HEAD CEDU EDUCATION

Media Contact:Julia Andrick
208-265-0607, Ext. 130
208-255-6920/cell
jandrick@cedu.com

March 21, 2005

Sandpoint, Idaho - Fenton R. "Pete" Talbott has been appointed chief executive officer of The Brown Schools, Inc. and subsidiary corporations operating CEDU emotional growth programs.

Talbott is chairman of the board for The Brown Schools and will continue in this role. He is replacing Bob Naples.

Talbott has had experience in a broad array of organizations, both domestically and internationally, large and small, corporate and entrepreneurial over a 40 year career. Most recently he was operating director with McCown De Leeuw and Company, a private equity firm. Talbott was executive vice president, Community Banking at Comerica Bank; senior vice president, Financial Products and Services at American Express Corporation; managing director and head of administration and operations at The First Boston Corporation; executive vice president and head of Global Consumer Markets at Bank of America; president, chief operating officer, and board member at the John B. Coleman Company. Previously he held various positions from vice president to senior vice president at Citicorp/Citibank and various financial analysis, controllership, and management positions at Ford Motor Company.

Talbott received a BA and an MBA from the University of Kansas. He and his wife, Judy, have four children and four grandchildren and live in Bedford, N.Y. He is a Trustee of the University of Kansas Endowment Association, serves on its development committee, is a member of the Business School Advisory Committee, and the Chancellor's Club Advisory Board. Talbott sits on the boards of the following companies: Preventative Medicine Research Institute, Stonemor Partners, and Tarp, Inc.

CEDU Education's boarding schools, therapeutic wilderness program, and transitional living programs in California, Idaho, and Vermont accommodate the diverse needs of families searching for solutions for a child struggling academically, behaviorally, and/or emotionally. The company has a 38-year history of helping families in crisis. Through subsidiary organizations, The Brown Schools, Inc. also operates alternative education programs for local governmental entities in Texas and Florida.

More information is available at www.cedu.com and www.brownschools.com.


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