Press Release: The FINOVA Group Inc.
September 11, 2002
SCOTTSDALE, AZ -- The FINOVA Group Inc. (OTC Bulletin Board: FNVG) yesterday announced that its Board of Directors
has elected Thomas E. Mara as a Director and its Chief Executive Officer, effective September 9, 2002. He replaces
Lawrence S. Hershfield, who resigned from those positions at that time to pursue other opportunities, as previously
announced.
Prior to his recent election, Mr. Mara served as FINOVA's Executive Vice President. He is also Executive Vice President
and Treasurer of Leucadia National Corporation, which manages FINOVA pursuant to a management agreement. He has
held a variety of positions with Leucadia since he joined that company in 1977. Mr. Mara received his B.B.A. from
Western Michigan University in 1968 and then served in the United States Army Security Agency for two years. Mr.
Mara is 56 years old.
The FINOVA Group Inc., through its principal subsidiary, FINOVA Capital Corporation, is a financial services company
based in Scottsdale, Arizona.
Source: The FINOVA Group Inc.