Article: Federated Direct Announces Establishment of an Office of the Principals at Fingerhut Companies, Inc.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--July 12, 2000

Michael Sherman Appointed President and Chief Marketing Officer

Jeff Sherman, chairman of Federated Direct, today announced the establishment of an Office of the Principals at Fingerhut Companies, and the promotion of Michael Sherman to the new position of president and chief marketing officer of Fingerhut. In his new capacity, Michael Sherman will join with John Buck, Fingerhut's president and chief operating officer, in comprising the Office of the Principals.

Within the Office of the Principals, which reports directly to Jeff Sherman, John Buck will maintain primary ...

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