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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: March 19, 1998
FIDELITY NATIONAL FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-9396 86-0498599
- ---------------------------- ------------ ----------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
17911 Von Karman Avenue, Irvine, California 92614
(Address of principal executive offices)
(714) 622-5000
(Registrant's telephone number, including area code)
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Item 5. Other Events
On March 19, 1998, the Board of Directors of Fidelity National
Financial, Inc. elected certain individuals as directors of Fidelity National
Financial, Inc. as follows:
William Lyon Director
William Wehner Director
Item 7. Financial Statements and Exhibits
(c) Exhibits
99(A) Press Release - March 31, 1998 - Fidelity National Financial,
Inc. Announces Addition of Two Board Members.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FIDELITY NATIONAL FINANCIAL, INC.
Dated: April 1, 1998 /s/ M'LISS JONES KANE
------------------------------------
M'Liss Jones Kane
Senior Vice President
General Counsel
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EXHIBIT INDEX
99(A) Press Release - March 31, 1998 - Fidelity National Financial,
Inc. Announces Addition of Two Board Members
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EXHIBIT 99(A)
Contact: Frank P. Willey
President
(714) 622-4333
FOR IMMEDIATE RELEASE
FIDELITY NATIONAL FINANCIAL, INC. ANNOUNCES
ADDITION OF TWO NEW BOARD MEMBERS
Irvine, Calif., March 31, 1998 -- Fidelity National Financial, Inc.
(NYSE:FNF), a specialty finance and real estate services company announced that
at a meeting of the board of directors held on March 19, 1998, the members of
the board voted to elect General William Lyon and Mr. William W. Wehner to the
board of directors.
General William Lyon had a distinguished military career receiving 17
awards and decorations including, the Distinguished Service Medal, Legion of
Merit, Distinguished Flying Cross, the Air Medal with two oak leaf cluster and
the Presidential Unit Citation. He was nominated by President Gerald Ford and
served as Chief of the Air Force Reserve from 1975 to 1979.
General Lyon is the chairman of the board, president and chief
executive officer of William Lyon Homes, Inc. and affiliated companies which are
headquartered in Newport Beach California. General Lyon and his combined
companies have produced more than 72,000 residential units over the last 40
years. In October 1987 he acquired The Presley Companies, a home building
company that operates in Arizona, California and New Mexico.
-more-
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FIDELITY NATIONAL FINANCIAL, INC. ANNOUNCES ADDITION OF TWO NEW
BOARD MEMBERS
Page 2-2-2-2
To continue his career in aviation, General Lyon formed Air/Lyon Inc.
in 1989. Elsinore Service Corp. is a subsidiary which provides service to the
airlines in 30 cities across the U.S. and Martin Aviation L.P. which is a
certified aviation repair station serving Southern California.
William W. Wehner joins the Fidelity group of companies as a director,
chairman of the board and chief executive officer of Granite Financial, Inc. Mr.
Wehner has been chairman of the board of Granite Financial, Inc. since its
formation in 1996. Granite Financial, Inc. merged with Fidelity National
Financial, Inc. in February of 1998. Mr. Wehner co-founded Granite Financial
L.C.C., Granite Financial's predecessor from 1995 to 1996. Prior to 1996 Mr.
Wehner served in several capacities within the Concord group of companies. In
1990, Mr. Wehner formed First Concord Acceptance Corporation, a leasing company
active in the lower- priced equipment leasing market and an affiliate of the
Concord group of companies. Mr. Wehner's increased operational responsibilities
resulted in his assuming the position of director of the financial and services
business unit for the Concord group of companies, which included five service
companies and a bank.
From 1984 through 1989, Mr. Wehner served as president of First
Centennial Leasing Corporation, a joint venture with The Hathaway Company which
specialized in leasing high technology and office equipment products. From 1972
through 1984, Mr. Wehner was employed by Colorado National Bankshares, where he
was responsible for forming Colorado National Leasing, Inc. a subsidiary which
engaged in equipment finance activities. Mr. Wehner served as president and
chief executive officer of Colorado National Leasing, Inc. from 1972 through
1984.
-more-
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FIDELITY NATIONAL FINANCIAL, INC. ANNOUNCES ADDITION OF TWO NEW
BOARD MEMBERS
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Mr. Wehner is a Certified Lease Professional and is a member of the Equipment
Leasing Association ("ELA") and the United Association of Equipment Lessors
("UAEL"). Mr. Wehner is a former director and member of the Executive Committee
of the ELA and has served as a regional chairman of the UAEL.
William P. Foley, II, Chairman of the Board and Chief Executive Officer
said, "We are excited about the addition of two successful entrepreneurs to our
board. These gentlemen bring with them years of experience and will broaden our
contacts and resources."
Headquartered in Irvine, California, Fidelity National Financial, Inc.
is one of the largest national underwriters. Fidelity National Financial is
engaged in the business of issuing title insurance and performing other
title-related services in 49 states, the District of Columbia, Puerto Rico, the
Bahamas and the Virgin Islands through its principal underwriting subsidiaries:
Fidelity National Title Insurance Company, Fidelity National Title Insurance
Company of New York, Fidelity National Title Insurance Company of Tennessee,
Nations Title Insurance of New York Inc. and National Title Insurance of New
York Inc.
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