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FREMONT FINANCIAL NAMES NEW CLEVELAND SENIOR MARKETING OFFICER

 SANTA MONICA, Calif. July 19 /PRNewswire/ -- Fremont Financial Corp., a subsidiary of Fremont General Corp.(NYSE: FMT), has appointed Albert R. Stoss vice president, senior marketing officer for its Cleveland office, it was announced today by Robert N. Tenney, president and chief executive officer.
 Stoss, 47, previously held a similar position with Dana Business Credit Corp., an asset-based lender based in Cleveland whose loan portfolio was acquired by Fremont Financial in May of 1992. His 22 years of management experience in commercial finance also includes an executive position with Security Pacific Business Credit, Chicago.
 Stoss succeeded Barrey D. Davis, who was promoted to senior vice president and national marketing manager at the company's Santa Monica, California headquarters.
 "With Al's many years of experience in this unique area of commercial finance, he will be a tremendous asset to our Midwest activities," stated Tenney.
 Founded in 1969, Fremont Financial Corp. is a leading asset-based lending institution serving commercial clients throughout the United States. Headquartered in Santa Monica, the firm also has offices in Chicago; New York; Atlanta; Minneapolis; Cleveland; Detroit; Richmond, Virginia; and Charlotte, N.C.
 -0- 7/19/93
 /CONTACT: Robert N. Tenney of Fremont Financial, 310-315-5550; Roger Pondel of Pondel Parsons & Wilkinson, 310-207-9300, for Fremont Financial/
 (FMT)


CO: Fremont Financial Corp.; Fremont General Corp. ST: California, Ohio IN: FIN SU: PER

BP -- LA022 -- 3131 07/19/93 13:54 EDT
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Publication:PR Newswire
Date:Jul 19, 1993
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