His term on the 10-member board is set to expire at the annual meeting, and Del Webb had said last month it wouldn't renominate him to the board.
"I would not be surprised to find us in Cleveland in 1996 as we renominate our Democratic president," said Anne Campbell.
GREENSPAN DECISION: Bush will decide by the end of next week on whether to renominate the Fed chairman, whose term expires next month, administration officials say.