1975

In a phone interview last fall, the morning after President Bill Clinton admitted impropriety in his relationship with Monica Lewinsky, author CarolinePreston told the press she could not help but draw parallels between Clinton and his political, and perhaps social, idol, Jack Kennedy. Infidelity of the presidential variety is a prominent component of Caroline's popular first novel, Jackie by Josie, published in February 1997. It is J ackie Kennedy whose life and marriage the novel's protagonist, Josie Trask, studies, only to learn more about her own marriage. Caroline was inspired to write the novel when she was hired by a celebrity biographer in 1994 to spend a day researching Jackie Kennedy's life. Caroline is now working on her next novel.

Ted Stone has been named senior vice president and chief financial officer with Executone Information Systems in Milford, Conn. Executone develops, markets, and supports voice and data communications systems. Ted has experience in finance and general management, specifically in business model development, reengineering, and turnaround situations. He lives in Stamford.

Pandesic LLC., the Internet company from Intel and SAP headquartered in Sunnyvale, Calif., has named PeteWolcott as its new president. In this role he will focus on day-to-day operations. Pete joined the company in 1997, having spent 18 years at Intel overseeing a variety of functions. In his most recent role as vice president of marketing and sales, the company more than doubled its number of customers after Pete refocused the sales efforts on different, more appropriate markets. CEO Harold Hughes said, "Pete has proven to be a tremendous asset for Pandesic since he joined the company." Pete said, "I'm really excited to help take Pandesic to the next level."

Harry Wallace is chief of the 55-acre reservation that is home to about 250 Poospatuck Indians on Long Island. He has been re-elected chief five years in a row. Under his leadership the tribe is making an effort to progress from an impoverished pocket locked in a residential neighborhood to a revitalized contemporary American Indian community.

The tribal council has approved his community improvement programs, including a program to clean up debris and weeds, as well as a program to replace trailers—about half of the current housing stock—with homes. Harry owns one of the reservation's three smoke shops, a major source of revenue on the reservation. The hope is that the tobacco revenue will help provide money to improve the housing stock. In addition, this year the tribe will apply for a federal grant which would be used to replace trailers with homes over the next decade. Longer term, Harry hopes to help the tribe reclaim at least 1,000 acres of land he contends were unlawfully taken by white speculators over the past four centuries. Harry built a two-story home in 1993 on tribal property originally held by his Unkechaug mother and uncle. He shares it with his Shinnecock wife, Margo Thunderbird, who directs the reservation's cultural school.

Paul Roye has been appointed director of the U.S. Securities and Exchange Commission's division of investment management. He is the first African American to hold the job, and in this role is the nation's top mutual-fund regulator. Paul comes to the SEC from the law firm of Dechert Price & Rhoads, where he has been a partner since 1987. His practice was consulting with companies involved in various kinds of investment activity. Paul's decision to accept the SEC appointment reflected his commitment to public service.

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