William L. Schrader is chairman of the board of directors, chief executive officer, and founder of PSINet, one of the world's largest and most experienced commercial Internet service providers. Publicly traded on the NASDAQ market as PSIX, PSINet operates in 22 countries, serves over 80,000 companies, and offers a broad suite of advanced Internet, Web and eCommerce products.

Schrader has authored numerous position statements, spoken at industry events, and appeared on Capitol Hill to present industry and corporate positions on such issues as Internet encryption, the domain name system, and the Communications Decency Act. In addition, he has participated in panel discussions of industry trends and issues on mainstream media such as CNBC, MSNBC, CNNfn, First Business, and TechnoPolitics.

As PSINet chairman and CEO, Schrader has been instrumental in the formation of industry groups such as the Commercial Internet Exchange (CIX). He is also the driving force behind PSINet's innovative global peering initiative for Internet service providers worldwide. Schrader was named 1998 Master Entrepreneur of the Year by Ernst & Young and he was listed as one of the industry's "20 to Watch" by Computer Reseller Magazine and "Top 10 to Watch" by Telephony Magazine.

Prior to forming PSINet in 1989, Schrader was founder, president, and chief executive officer of NYSERNet, a corporation that created the first regional Internet network, providing networking services to university, corporate, and government communities in New York state. Earlier, Mr. Schrader was executive director and co-founder of two supercomputer centers, one at Cornell University and one at Syracuse University. While at Cornell, he led the development of the NSFNET Backbone Network to connect the national supercomputer centers, which became the basis for the NSFNET system.

Mr. Schrader earned a bachelor of science degree in biology from Cornell University, as well as completing graduate work in business and finance.