A Global Research Center for Strategic Supply Management

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FOR IMMEDIATE RELEASE

Shelley Stewart, Jr. Elected to CAPS Research Board of Trustees

(TEMPE, Arizona) October 14, 2010 — The CAPS Research Board of Trustees recently elected Shelley Stewart, Jr., a leading supply management executive, to serve as a Trustee. Stewart is Senior Vice President, Operational Excellence and Chief Procurement Officer for Tyco International Ltd.

Stewart leads Tyco's lean Six Sigma/lean, information technology, strategic sourcing, real estate/facilities and working capital initiatives. Prior to joining Tyco, he was Senior Vice President of Supply Chain Management at Invensys plc, headquartered in London. In this position, Mr. Stewart provided leadership for the strategic sourcing as well as having overall responsibility for lean operational excellence. Before Invensys, Stewart was Vice President of Supply Chain Management with the Raytheon Company and earlier spent 18 years with United Technologies Corporation, in numerous senior level supply chain and operational positions.

CAPS Research is a globally recognized supply management research organization affiliated with the W. P. Carey School of Business at Arizona State University, and the Institute for Supply Management™ (ISM). The Board of Trustees is responsible for setting overall operating policies and procedures, and establishing key research programs.

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About Tyco International Ltd. http://www.tyco.com:

Tyco International Ltd. is a diversified, global company that provides vital products and services to customers in more than 60 countries. With more than 100,000 employees worldwide, Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products.

About CAPS Research www.capsresearch.org:

CAPS Research is a nonprofit research organization founded in 1986 to provide leading research to our strategic-minded corporate sponsors and to the public. Our mission is to work in partnership with a global network of executives and academics for the discovery and dissemination of strategic supply management knowledge and best practices. CAPS Research is jointly sponsored by the W. P. Carey School of Business at Arizona State University, the Institute for Supply Management™ and Global 1000/Fortune 500-size organizations.

Media Contact:
Debbie Maciejewski
Marketing Manager
CAPS Research
800-888-6276 extension 3046
Email: dmaciejewski@capsresearch.org

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