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FINGERHUT ANNOUNCES APPOINTMENT OF EXECUTIVE VICE PRESIDENT, CHIEF ADMINISTRATIVE OFFICER

 FINGERHUT ANNOUNCES APPOINTMENT OF EXECUTIVE VICE PRESIDENT,
 CHIEF ADMINISTRATIVE OFFICER
 Rakesh Kaul joins Fingerhut
 MINNEAPOLIS, Jan. 20 /PRNewswire/ -- Ted Deikel, chairman and chief executive officer of Fingerhut Companies, Inc. (NYSE: FHT), announced the appointment of Rakesh Kaul as executive vice president, chief administrative officer and a member of the Management Committee, effective Jan. 17, 1992.
 As CAO, Kaul will be responsible for the finance, legal and consumer credit operations. "I'm very pleased to have Rakesh as a member of our management team," said Deikel. "His unique background is a perfect fit with our growth goals."
 In his previous position, Kaul was chief financial & strategy officer at Shaklee Corporation, where he was responsible for all financial operations, international expansion, strategic planning and acquisitions. Prior to Shaklee, at Beatrice/Hunt-Wesson Inc., he held senior financial and general business positions over a period of 11 years.
 Kaul received his undergraduate degree from the Indian Institute of Technology. He received his M.S. from Brown University and his M.B.A. from the University of Chicago. He also holds a CPA from the state of California.
 -0- 01/20/92
 /CONTACT: Ted Deikel of Fingerhut Companies, 612-936-5410/
 (FHT) CO: Fingerhut Companies, Inc. ST: Minnesota IN: SU: PER


KH -- MN008 -- 1388 01/20/92 11:37 EST
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Publication:PR Newswire
Date:Jan 20, 1992
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