Hudson Institute Board of Trustees Votes to Explore Moving Headquarters 3/10/2004
From: Herb London of the Hudson Institute, 212-998-2175 INDIANAPOLIS, Ind., March 10 -- The Hudson Institute Board of Trustees resolved today that the Institute explore a move of its headquarters from Indianapolis, Ind., and consolidate its offices and research activities in Washington, D.C. Hudson Institute President Herb London said of the decision, "After 20 years of being deeply devoted to life in Indianapolis, the Hudson Institute Board of Trustees has decided to actively explore a consolidation of Hudson's offices in Washington, D.C. In making this decision, the board cannot possibly express its deep appreciation for the kindness extended to the Institute and its employees. The decision to explore consolidation was, to some degree, prompted by different research agendas: one, in Indianapolis, concentrating on state-based issues and the other, in Washington, centered on broader national and international issues. The fine work conducted in the present Hudson Institute facility likely would continue as a separate organization under the direction of Jay Hein, currently Hudson's Director of Civil Society Programs. It is our hope that ties established over the last two decades would continue in a variety of ways through the establishment of this new entity." Details of the possible consolidation have not yet been worked out but would likely -- if confirmed by the board -- be completed within a three-month time period. "Indianapolis has been a welcoming and supportive host to the Institute for the last two decades. We are indebted to the Indianapolis community and particularly to the Lilly Endowment for their enduring support. It is with great sorrow that we explore leaving the city," said Hudson Institute Chairman Walter P. Stern. Questions about the move should be directed to Herb London at 212-998-2175. --- As a public policy think tank, Hudson Institute forecasts long-term trends and designs near-term solutions for government, business, and the non-profit world. We share optimism about the future and a willingness to question conventional wisdom. We believe in free markets, individual responsibility, the power of technology, and a determination to preserve America's national security. For more information about Hudson Institute, visit our website at http://www.hudson.org or call 800-HUDSON-0. |