BOSTROM CEO KEN MONROE NAMED CHAIRMAN; COO RANDY LINDNER APPOINTED PRESIDENT 

New leadership roles position professional services firm for further growth

CHICAGO, IL December 9, 2004 –Bostrom Corporation announced today that effective January 1, 2005 Ken Monroe will become Chairman of the Board of Directors retaining his position of Chief Executive Officer and Randy Lindner will become President while retaining his position of Chief Operating Officer. The transition of these roles is designed to capitalize on Bostrom’s growth opportunities while maintaining its industry-leading, personalized client service approach.

Under the new leadership structure approved by the Bostrom Board of Directors, Monroe will be responsible for business development and growth strategies and Lindner will be responsible for client relationships and the operational management of the firm.

These changes are designed to advance Bostrom’s growth strategy, adopted soon after Monroe became CEO, which capitalized on the company’s strong brand and the broad expertise of its employees. The heart of that strategy was the establishment of three very distinct operating divisions: Bostrom Consulting Associates (BCA), Bostrom Outsourcing, and Bostrom Association Management Services.

“The progression of our growth strategy has provided a solid foundation for us to make these changes,” Monroe said.  “This new leadership structure will allow us to leverage and explore our market opportunities empowering Randy to provide the operational direction required to support our growth – the outcome being of benefit to all of Bostrom’s stakeholders."

“Personalized service is Bostrom’s hallmark,” said Lindner. “Ken’s focus on business development and strategy paired with my focus on operations and client relationship building will enable us to meet our goals and continue to ‘wow’ clients with extraordinary service.”

Monroe has more than 30 years of association management experience, including five years as Bostrom’s President and CEO. He was with the American Medical Association for 27 years, including ten years as Chief Operating Officer. Monroe is a Past President of the American Association of Medical Society Executives and served on the Board of Directors of the American Society of Association Executives for five years, including service as Vice Chair.  He is a member of the United States Chamber of Commerce Association Committee of 100.

Lindner has been with Bostrom for 26 years and has managed the firm’s operations in Monterey, California, and Washington, DC. He has served as Executive Director for associations in the hospitality, wine, home automation, and edible oils industries. He currently is Executive Director of the National Association of Boards of Examiners of Long Term Care Administrators.  Lindner has been an active member of the American Society of Association Executives, and serves in a variety of leadership capacities in health care policy development and credentialing.