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New Leadership to Guide BBYO Through Next Phase of Growth

May 22, 2006

BBYO, Inc. is proud to announce that Howard Wohl of Mill Neck, NY has been elected Chairman of BBYO's International Board of Directors. A Jewish activist, philanthropist and strategist, Wohl succeeds Lynn Schusterman, who served as Chairwoman for five years, leading BBYO as it became an independent agency and helping to strengthen BBYO in its mission to reach more Jewish teens with more meaningful Jewish experiences.

"Howard's passion coupled with his strategic insight make him a tremendous asset to BBYO as the organization works to dramatically extend its reach throughout North America," said Lynn Schusterman. "In addition to being a visionary leader, Howard's success in business, philanthropy and his unwavering commitment to the Jewish people make him an ideal role model for the tens of thousands of teens involved in BBYO."

Wohl is currently the Vice Chairman of Ivy Asset Management Corporation, a company he co-founded in 1984. Along with wife, Diane, he is active in numerous Jewish charities. Additional board service includes The Board of Jewish Education of Greater New York, Suffolk Association for Jewish Educational Services, The Solomon Schechter Day School of Nassau and his alma mater, the Brooklyn College Foundation, among others.

"I am honored to be elected to the chairmanship of this dynamic organization which has such a unique opportunity to motivate Jewish teens to find pride and meaning in living a Jewish life," said Wohl. "As I meet more and more BBYO teens, BBYO professionals and alumni, I am inspired by their pride and affection for BBYO and the Jewish people."

"I am humbled as well to succeed Lynn Schusterman in this position, recognizing her extraordinary accomplishments in restoring BBYO to a position of enormous stature and erecting a platform on which I hope to build," continued Wohl.

Schusterman's passion and support for the organization will endure, as she will chair BBYO's newly established Board of Trustees, a group of senior philanthropists making a minimum annual commitment of $50,000. Lynn, and her Vice-Chair, Lee Kohrman of Cleveland, OH, have already recruited a core group of members for this new Board.

"Lynn's generosity and leadership have revitalized BBYO and made available to a new generation the skills, perspective and spirit necessary for shaping the future of the Jewish people," said Grossman. "And, Howard brings the skills to further build upon Lynn's vision. BBYO is very fortunate to be the beneficiary of both of their time and attention; we are thrilled to have them as partners in fulfilling BBYO's mission of reaching more Jewish teens with more meaningful Jewish experiences."

BBYO International Office
800 Eighth Street NW
Washington, DC 20001
P: 202.857.6633 / F: 202.857.6568

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