Laborers Union President Terence O'Sullivan Elected New Chairman of ULLICO May 8, 2003--Terence M. O'Sullivan today will be elected chairman of ULLICO Inc., a diversified financial services corporation that provides insurance, investments, and third-party administration to unions and their members, jointly managed trust funds, and organized employers.
O'Sullivan, 48, is General President of the Laborers International Union of North America, AFL-CIO. He will continue in that capacity.
The new ULLICO chairman was elected by the corporation's Board of Directors after the organization's annual meeting for stockholders. O'Sullivan was one of 15 persons the corporation's shareholders elected or re-elected to the Board of Directors.