NEW YORK--(BUSINESS WIRE)--March 3, 1999--FAME Information Services, Inc. the pre-eminent provider of historical information solutions for financial, energy, corporate, and economic data analysis, announced today that Gerald D. Mintz has been named President and Chief Executive Officer, succeeding
Steven Silberstein, who continues as Chairman of FAME's Board of Directors.Prior to his appointment, Mr. Mintz was President and Chief Executive Officer of American Banker-Bond Buyer, a division of Thomson Financial Services.
Mr. Mintz, 46, will be responsible for all aspects of the business of this growing company. To enhance its traditional offerings in the financial and public sector markets, FAME completed two significant acquisitions in 1998: Saladin Ltd., a global energy information solutions specialist; and Benton Associates, which provides consulting and special-purpose technology solutions to FAME clients on a global basis.
"FAME has a great reputation for providing a powerful platform which allows its clients to produce the sophisticated analytical results they need to compete effectively in the fast moving, volatile, global markets of today," says Mintz. "I look forward to working with FAME's talented team to develop new products and services to help our customers solve their increasingly complex information storage and analysis problems."
"FAME is uniquely positioned at the intersection of extremely powerful market trends in investing, risk management, data warehousing, and Web-based delivery systems," says Steven Silberstein, FAME's Chairman. "Gerry Mintz is an individual with extraordinary talent, great experience, and a track record of success who will help accelerate our growth." Silberstein, in conjunction with Warburg, Pincus, purchased FAME from Citicorp in 1994.
Mr. Mintz was an Executive at Thomson Financial Services for six years. As President and CEO of American Banker-Bond Buyer, Mr. Mintz was responsible for such industry-leading products as American Banker, Bond Buyer, Securities Industry News, and Asset Sales Report. He and his team successfully launched several major products, including Future Banker Magazine, Financial Services Marketing, and Asset Sales Report International, and completed the acquisitions of Fiduciary Communications Company and Bank Advertising News. Under his direction, ABBB has become a leader in the delivery of subscription-based news and information to banks over the Internet.