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FOR IMMEDIATE RELEASE

MARCH 26, 2003

WOOSTER, Ohio - Peter Guber, one of the entertainment industry's most dynamic executives, talked about the importance of intention and passion in producing successful outcomes at the second annual James R. Wilson Business Economics Lecture Wednesday evening (March 26) at The College of Wooster.

Speaking before a large audience in Gault Recital Hall of Scheide Music Center, Guber said that intent is crucial and passion is essential as he addressed the topic of "Leadership in Troubled Times."

Guber's prolific achievements include the production of such films as Rain Man, The Color Purple, Batman, and A Few Good Men, and the development of such prime-time hit programs as Seinfeld, Mad About You, and Married...with Children. Now the founder and chairman of Mandalay Entertainment, Guber's expertise has expanded into sports entertainment, television, and media arts, including the creation of a groundbreaking film for PBS and a 3-D IMAX program for the Smithsonian Institution. His leadership has harnessed some of today's latest technology and redefined the boundaries of entertainment and consumerism.

"Leadership requires that you count on yourself and overcome your fears," advised Guber. "What you focus on is what you get. It takes courage to see opportunity in the face of adversity, but that is what a leader must do."

When asked about securing the necessary financial resources to be successful in business, Guber said, "Intellectual capital is much more important than financial capital. A new and creative idea has great value."

The James R. Wilson Business Economics Lecture is endowed by James R. Wilson, chairman of the Board of Trustees at The College of Wooster. A 1963 Wooster graduate with a degree in economics, Wilson received the master of business administration degree with distinction from Harvard University in 1965. He has held senior financial and international management positions during his career with Fairchild Industries, Wickes Companies, Circuit City Stores, and Textron. He served as president, chief executive officer, and chairman of the board of Cordant Technologies from 1993 until his retirement from Cordant in 2001 following the acquisition of the company by Alcoa Inc.

Updated: Thu, 27 Mar 2003