Document zQ7ejwwkjzGzb6Qy2a50KoDRn

Committee for Equitable Compensation CEC AND ITS GOALS FOUNDING AND PURPOSE MEMBERSHIP POSITION PRESIDENT EXECUTIVE DIRECTOR The Committee for Equitable Compensation was founded in 1982 to support Congressional and other efforts to formulate an equitable system of compensation for workers with asbestos-related in juries. CEC's members are corporations concerned with the asbestos compensation issue and are principally cur rent or former manufacturers of asbestos products. They include: The Celotex Corporation Eagie-Picher Industries, Inc. Fibreboard Corporation The Flintkote Company Keene Corporation Owens-Coming Fiberglas Corporation Owens-Illinois, Inc. Pittsburgh-Coming Corporation Rock Wool Manufacturing Co., Inc. The membership does not include firms involved in Chapter 11 reorganization. CEC believes that all companies currently or previously involved in manufacturing asbestoscontaining products should participate in a national fund, along with the federal government, that would provide prompt and equitable compensation to workers suffering from asbestos-related injury. The fund would be based on a formula which would ensure fair and equitable treatment for all parties. \ CEC agrees with a 1983 American Bar Assoaajf tion committee's report which states that the prejl sent legal system is not adequate for settling the . II ,, many complex issues involved in the asbestos Ir^ compensation question and that Congressional ac tion is needed to deal with the issue. John L. Baldwin, President Pittsburgh-Coming Corporation Lewis D. Andrews, Jr.