St Louis Park, MN -
Metris Companies Inc. (NYSE: MXT), one of the nation's fastest growing direct marketing companies, today announced the retirement of chairman Ted Deikel, who was instrumental in the formation of the company and one of its founders.
Deikel is retiring effective May 8 so that he can focus more time on a range of Internet-related investments. He will not stand for re-election as chairman or director at the company's annual meeting on May 9.
"I'm pleased to have played a role in this great business success story," Deikel said. "Ron Zebeck, President and CEO, has built Metris into a direct marketing and financial services powerhouse, as evidenced by last year's financial results alone."
Deikel has been chairman of the board since Metris went public in October 1996, and continues to be a significant shareholder of Metris stock.
Metris is an information-based direct marketer of consumer credit products and fee-based services primarily to moderate-income consumers. Based in St. Louis Park, Minn., Metris also has an operation here in Champaign, as well as Scottsdale, Ariz.; Jacksonville, Fla.; Baltimore, Md.; and Tulsa, Okla. It employs more than 3,300 people.
Deikel is retiring effective May 8 so that he can focus more time on a range of Internet-related investments. He will not stand for re-election as chairman or director at the company's annual meeting on May 9.
"I'm pleased to have played a role in this great business success story," Deikel said. "Ron Zebeck, President and CEO, has built Metris into a direct marketing and financial services powerhouse, as evidenced by last year's financial results alone."
Deikel has been chairman of the board since Metris went public in October 1996, and continues to be a significant shareholder of Metris stock.
Metris is an information-based direct marketer of consumer credit products and fee-based services primarily to moderate-income consumers. Based in St. Louis Park, Minn., Metris also has an operation here in Champaign, as well as Scottsdale, Ariz.; Jacksonville, Fla.; Baltimore, Md.; and Tulsa, Okla. It employs more than 3,300 people.
News, photos provided by Business Wire.
