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FREMONT PROMOTES DEMSKI TO NEW SENIOR MARKETING POST IN CHICAGO

 SANTA MONICA, Calif., Dec. 2 /PRNewswire/ -- Kenneth F. Demski, a senior executive in the commercial lending industry for the past 20 years, has been appointed to the newly created position of senior vice president and regional marketing manager for the Midwest Region of Fremont Financial Corp., the asset-based lending subsidiary of Fremont General Corp. (NYSE: FMT).
 Demski, 42, will relocate to Chicago from Detroit, where he served as Fremont Financial's vice president and regional marketing executive. He previously served as a vice president and regional marketing executive in Detroit with Dana Business Credit Corp., which was acquired by Fremont Financial in 1992.
 Among Demski's most recent achievements was a financing package that allowed Great Lakes Tissue Co. to acquire and re-open a closed Proctor & Gamble Paper Products plant in Cheboygan, Mich., restoring most of the 200 jobs that had been lost when the plant was closed.
 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 has offices in New York, Chicago, Minneapolis, Atlanta, Cleveland, Detroit, Richmond, and Charlotte.
 -0- 12/2/93
 /CONTACT: Roger Pondel of Pondel Parsons & Wilkinson, 310-207-9300; or Robert Tenney of Fremont Financial, 310-315-5550/
 (FMT)


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

JL-LS -- LA006 -- 9668 12/02/93 09:30 EST
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Publication:PR Newswire
Date:Dec 2, 1993
Words:228
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