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Leroy T. Barnes Jr. joined the Board of Directors of Citizens Communications Company in May 2005. He also serves as a Director of Longs Drug Stores Inc. The McClatchy Company Herbalife and The California Endowment.
In 2005 Mr. Barnes retired as Vice President and Treasurer of PG&E Corporation. From 2001 to 2005 he oversaw all financing financial planning risk management cash management and pension fund operations. In 2004 he led the largest-ever U.S. utility financing PG&E's landmark $7 billion debt financing in connection with its Plan of Reorganization.
Prior to 2001 Mr. Barnes was Vice President and Treasurer of Gap Inc. the international clothing retailer where he was responsible for all of the company's financing cash management international finance investor relations and risk management. While at Gap Inc. he led the company's first major public debt issuance and managed its $1 billion common stock repurchase program.
Before joining Gap Inc. Mr. Barnes held a number of executive positions at Pacific Telesis Group/SBC Communications including Assistant Treasurer Division General Manager and Vice President and Chief Financial Officer of PacTel Corporation. He was a principal in engineering the company's spin-off of AirTouch Inc. as well as the sale of Pacific Telesis to SBC Communications. His experience also includes positions at UC Press where he was Chief Financial Officer and Deloitte & Touche where he was a Management Consultant.
Mr. Barnes earned bachelor's and master's degrees from Stanford University and an M.B.A. from Stanford Business School where he was a Rockefeller Foundation Finance and Management Fellow. | 