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FIRST DATA PROMOTES THREE TO EXECUTIVE VICE PRESIDENT

 FIRST DATA PROMOTES THREE TO EXECUTIVE VICE PRESIDENT
 NEW YORK, March 5 /PRNewswire/ -- First Data Corporation (FDC) today


announced the promotion of three senior executives to the newly created position of executive vice president.
 First Data Corporation, formerly American Express Information Services Corporation, on February 14 filed an S-1 registration statement with the Securities and Exchange Commission for an initial offering of common stock. FDC, based in New York, is currently a wholly owned subsidiary of American Express.
 Reporting to First Data Corporation Chairman and Chief Executive Henry C. (Ric) Duques will be Charles T. Fote, Walter M. Hoff and Edward C. Nafus.
 Fote, 43, formerly of FDC's Integrated Payment Systems unit, will become executive vice president responsible for that unit as well as Cable Services Group, Integrated Marketing Services, Call Interactive and WATS Marketing, all of which are located in Omaha, Neb. He will continue to be headquartered in Englewood, Colo.
 Hoff, 39, formerly FDC's chief financial officer, will become executive vice president responsible for Integrated Systems Technologies and The Shareholder Services Group as well as Corporate Human Resources, Corporate Finance and Strategic Planning. A new chief financial officer will be named soon to replace Hoff, who will continue to be located in New York City.
 Nafus, 51, currently president of First Data Resources, FDC's credit card processing unit, will assume the additional title of executive vice president and continue to be responsible for First Data Resources domestic and international operations. He will continue to be headquartered in Omaha.
 First Data Corporation is a leading provider of high-quality, high-volume information processing and related services in the communications, credit card processing, health care, systems operations, payment systems, cable billing, mutual fund transfer and telemarketing industries.
 -0- 3/5/92
 /CONTACT: Dave Walker of First Data, 212-640-4451/
 (AXP) CO: First Data Corporation; American Express Co. ST: New York IN: FIN SU: PER


TS -- NY017 -- 5314 03/05/92 09:30 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 5, 1992
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