10/19/2004

Contact: Toni Dixon, School of Business, (785) 864-4449

Westar CEO Jim Haines to discuss ethics, corporate governance in KU lecture

LAWRENCE-- Jim Haines, who took over as CEO and president of a troubled Westar Energy Inc. in December 2002, will present the University of Kansas School of Business' Anderson Chandler Lecture Nov. 8 at the Lied Center.

Haines, who holds a law degree and has been a professor of business ethics, will present "Corporate Governance, Business Ethics and Individual Responsibility" at 7:30 p.m. The lecture is free and open to the public. For more information visit www.business.ku.edu or call (785) 864-7500.

Haines, who returned to Westar after having been chief operating officer until 1996, took over a very different company than the one he left. In 2002, Westar was beset with a $3.6 billion debt, falling stocks and the loss of trust from regulators, stock holders and the public. Since Haines' return, Westar has improved relationships with employees, shareholders, regulators and lawmakers. It has simplified its business structure and reduced debt by more than $1.8 billion.

Haines first left Westar in 1996 to become president and CEO of El Paso Electric Company in Texas. After his retirement in 2001, Haines was named adjunct professor and Skov professor of business ethics at the University of Texas at El Paso. A 1975 graduate of the University of Missouri-Columbia Law School, he began his career as an assistant attorney general for Missouri.

Haines is the eighth presenter in the Chandler series. Previous speakers have included Pulitzer-Prize winning journalist David Broder, political commentator Robert Novak and Earl G. Graves, CEO of the parent company of "Black Entrepreneur Magazine."

The series began in 1997 as a gift from Anderson Chandler, the CEO, president and director of Fidelity State Bank and Trust Co. of Topeka and vice president and director of First Bank of Newton.

Chandler is a member of the School of Business Dean's Club and serves on the School's Board of Advisers. Chandler, a School of Business Distinguished Alumni Award recipient, recently established the Anderson W. Chandler Teaching Professorship in Business. In 1997 Chandler received the Fred Ellsworth Medallion, the highest award for service to the University by an alumnus.

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