National Media Corporation Names Frederick S. Hammer As Chairman
PHILADELPHIA, March 6 /PRNewswire/ -- National Media Corporation (NYSE: NM), today announced that Frederick S. Hammer has been appointed Chairman of the Board. Mr. Hammer, a Partner of Inter-Atlantic Securities Corporation, has been a member of National Media's Board of Directors since 1994 and replaces Ira M. Lubert, who was serving as interim Chairman, and who will remain as a Director. "National Media Corporation is a Company that has made outstanding progress over the past several years and is poised to take advantage of its global opportunities. I'm pleased to serve as the Company's Chairman," Hammer said. Mr. Hammer has a strong background in international consumer markets. He was formerly Executive Vice President at Chase Manhattan Bank, where his responsibilities included global consumer activities. Mr. Hammer has also served as Chairman, President and Chief Executive Officer of Mutual of America Capital Management Corporation, as Chairman and Chief Executive Officer of Meritor Financial Group, and as a Director of VISA International Inc. He is a graduate of Colgate University, with a Ph.D. in economics from Carnegie-Mellon University. Active in civic affairs, he has been a long-time trustee of the Madison Square Boys and Girls Club. Mr. Hammer also serves as a director of IKON Office Solutions, Inc., Search Capital Group, Inc., and Provident American Corporation. National Media Corporation is the world's fastest growing transactional television programming company and has become a strong, integrated, global consumer marketer through its consumer programming expertise and, with its subsidiary companies, brings transactional television programming to more than 364 million households worldwide.
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SOURCE National Media Corporation
CONTACT: Bruce Boyle, Director of Investor Relations of National Media, 215-988-4641 |