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Released July 26, 2005

ROBERT TOY MCLAUGHLIN SERVES AS BOARD PRESIDENT OF
THE UNIVERSITY OF SOUTHERN MISSISSIPPI FOUNDATION

HATTIESBURG – Robert Toy McLaughlin, a certified financial planner of Birmingham, serves a second term as president of the board of directors of The University of Southern Mississippi Foundation in Hattiesburg, Miss.

McLaughlin, a licensed securities principal, is president of Inverness Asset Management Inc. in Birmingham. He is a native of Clarksdale, Miss., and is a 1962 Southern Miss graduate, where he received a Bachelor of Science in business administration. He is a graduate of The Endowment Institute of Harvard Business School and has completed advanced courses in asset allocation, estate planning, business continuation and retirement planning. He has been involved in the financial services profession for more than 25 years. McLaughlin has served in many leadership capacities at Southern Miss, including the Eagle Club and the Business Advisory Council for the College of Business.

The USM Foundation operates under the direction of a 39-member board of directors, who are all volunteers. Thirteen new board members are selected each year, while 13 end their three-year term. The USM Foundation is a nonprofit 501(c)(3) corporation that serves as a fiduciary of private funds donated to Southern Miss, which is the only dual-campus university in the state, with an enrollment of more than 16,000 students.

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August 9, 2005 1:11 PM