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DST Systems Nominates Lowell L. Bryan And Samuel G. Liss For Election To Board Of Directors

KANSAS CITY, Mo., Feb. 7, 2012 /PRNewswire/ -- DST Systems, Inc. (NYSE: DST) today announced that, in connection with its previously disclosed search for new, independent director candidates, the DST Board of Directors has nominated Lowell L. Bryan, founder of consulting firm LL Bryan Advisory, LLC and senior advisor to McKinsey & Company, Inc., and Samuel G. Liss, a Principal at WhiteGate Partners LLC, for election to the Board's 2015 class of directors at the Company's 2012 Annual Meeting of Shareholders. Travis E. Reed, a current DST Director, will serve as the Company's third nominee for election to the 2015 class of directors.

Messrs. Bryan and Liss were selected following a comprehensive search process that the Governance/Nominating Committee of the Board has been conducting since December 2011, with the assistance of Spencer Stuart, a leading, global executive search firm. 

"Our Board of Directors is pleased to nominate Lowell and Sam, and we believe they have the right skills, acumen and independence to add value to the Board's oversight, strategic input and deliberative process," said Robert T. Jackson, Lead Independent Director for the DST Board. "We are confident that Lowell's and Sam's strong backgrounds in finance, management and consulting, combined with their independent perspectives, will be valuable to the Board as we continue to execute on our strategic priorities for the benefit of all DST shareholders."

Thomas A. McCullough and William C. Nelson will not stand for reelection to the Board at the 2012 Annual Meeting. "On behalf of the Board and the Company, I thank Tom and Bill for their years of service and tireless efforts. Tom and Bill have long been valued members of the Board, and we wish them only the best in the future," added Mr. Jackson.

George Argyros, DST's largest shareholder, and his affiliates have expressed their support for the Governance/Nominating Committee's selection of Messrs. Bryan and Liss by agreeing to vote all of their shares, representing approximately 22% of the Company's outstanding common shares, in favor of Messrs. Bryan, Liss and Reed at the 2012 Annual Meeting. Mr. Argyros stated, "I applaud the Corporate Governance/Nominating Committee for its time, effort and results in finding two new highly qualified and independent directors. I look forward to continuing to work constructively with the Company and the Board to drive performance and increase long term shareholder value."

About Lowell L. Bryan

Mr. Bryan, 66, has more than 35 years of consulting experience. He is the founder of consulting firm LL Bryan Advisory, LLC, which provides advice and counsel to the top management and boards of directors on a range of corporate strategy and organizational issues.  Prior to that, Mr. Bryan spent his career at global management consulting firm McKinsey & Company, Inc., most recently serving as a Senior Partner and a Director. During his career at McKinsey, Mr. Bryan was also the co-leader of the Center for Managing Uncertainty and was a co-founder of the Financial Institutions practice in 1975. He retired from McKinsey in 2012 and continues to serve in an advisory role. 

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