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Focus Magazine

JOINT CENTER News Room

Joint Center Mourns Board Member H. Lebaron Taylor

July 21, 2000

(WASHINGTON, D.C.) - The Joint Center for Political and Economic Studies mourns the passing of dear friend and longtime board of governors member H. LeBaron Taylor who died on Wednesday, July 19, 2000.

In remembering, Mr. Taylor, Eddie N. Williams, president of the Joint Center said: "Our deepest sympathy goes out to LeBaron's family and friends. He will be fondly remembered for both his contributions to the Joint Center and his outstanding commitment to public service."

Recognized as one of the top fifty African American executives in the nation by Ebony magazine, Mr. Taylor was the senior vice president of corporate affairs for Sony Music Entertainment Corporation and vice president of Sony Software. He joined CBS Records (now Sony Music Entertainment Company) in 1974. During his career, Mr. Taylor helped to set current music industry standards, and in December 1991 Black Enterprise magazine noted that Mr. Taylor "defined black music in the early 1970s."

H. LeBaron Taylor was an active member of Sigma Pi Phi Fraternity (the BoulÇ), the oldest and most prestigious association of African American professionals and scholars of outstanding achievements. He was scheduled to receive the fraternity's exemplary service award at its Grand BoulÇ on July 31 in Minneapolis, MN. During the funeral services on Saturday, July 22, Joint Center president Williams, who also is the Grand Sire Archon of Sigma Pi Phi, will lead a special fraternity memorial ritual at the Bright Hope Baptist church in Philadelphia, PA.

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The Joint Center for Political and Economic Studies informs and illuminates the nation's major public policy debates through research, analysis, and information dissemination in order to: improve the socioeconomic status of black Americans and other minorities; expand their effective participation in the political and public policy arenas; and promote communications and relationships across racial and ethnic lines to strengthen the nation's pluralistic society.

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Phone: 202-789-3500 Fax: 202-789-6390 http://www.jointcenter.org

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Did you know that more than two-fifths (42 percent) of African Americans surveyed in a October-November 2005 Joint Center survey expect that their own retirement savings and investments will be their major source of income in retirement? However, only 51 percent have any money in savings accounts, certificates of deposit, or money market funds. Furthermore, only 16 percent have money invested in bonds, only 31 percent have investments in stocks or mutual fund shares, and only 24 percent have an IRA or Keogh plan