Advanta Corp. promotes James W. John to president of Advanta International.SPRING HOUSE, Pa.--(BUSINESS WIRE)--Nov. 25, 1996--Advanta Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADVNB; ADVNA ADVNA Advanta Corporation (stock symbol) ) announced Monday that James W. John, formerly senior vice president of Corporate Administration, has been promoted to president of Advanta International. John's promotion fills the position that opened last month when James Allhusen, formerly the head of Advanta International, began transitioning into the presidency of Advanta's credit card unit. This transition will be complete at the first of the year. John, 46, now will be responsible for expanding the company,s business into selected markets around the world. "The leadership Jim has demonstrated during his two years with Advanta and the command of global business he proved time and again during his years at MasterCard caused us to look no further than our own organization to fill this pivotal role," said Allhusen. "Jim is stepping in at a crucial point, when a number of potential markets beyond the United Kingdom have been identified, but the challenging work of actually launching products in them lies ahead. With Jim's lead, Advanta is ready to meet this challenge." In his previous position at Advanta, John was responsible for all corporate staff functions, including advertising and corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , community programs, corporate identity, government relations, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , internal audit, and facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. . John came to Advanta from MasterCard International, where he was executive vice president, responsible for developing business in Canada, Latin America and the Caribbean. In addition, he managed the global marketing functions, brand development, market research, advertising and worldwide promotions such as MasterCard's World Cup Soccer sponsorship. Prior to his work at MasterCard, John was vice president and director of electronic banking at First Interstate Bancorp First Interstate Bancorp was a bank based in the United States that was taken over in 1996 by Wells Fargo. It was headquartered in Los Angeles. The name has continued to be used in the banking world by used after the merger by First Interstate Bank who had been using the , the largest retail bank in the U.S. John received his M.B.A. from California State University Enrollment  ,
Dominquez Hills, after studying accounting as an undergraduate at
California State University, Fullerton California State University, Fullerton, commonly known as CSUF, CSU Fullerton, or Cal State Fullerton, is a part of the California State University system. The University is located in the city of Fullerton, California, in northern Orange County. . He resides with his family in
Blue Bell, Pa.
With nearly six million customers, over $18 billion in managed assets and 3,400 employees at Sept. 30, 1996, Advanta is a rapidly growing consumer financial services enterprise. The company proudly serves consumers and small businesses through high quality, innovative offerings of credit cards, mortgages, leases, insurance and deposit products. -0- Editor's Note: Photo of James W. John available upon request. Please call Stacey Chazin at 215/732-4100, ext. 2 CONTACT: Advanta Corp. Phyllis Hoffman 215/444-5073 or The Tierney Group Stacey Chazin 215/732-4100 |
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