Integon Corporation
Winston-Salem, NC 27152
Analysts' Contact:
Gay Huntsman (910) 770-3074
Media Consultant:
Turner Coley (910) 760-3000
INTEGON CORPORATION NAMES DEREK SMITH AND
RONALD ZEBECK TO ITS BOARD OF DIRECTORS
WINSTON-SALEM, NC, NOVEMBER 7, 1996--Integon Corporation (NYSE:IN) announced
today that its Board of Directors has elected Derek V. Smith and Ronald N.
Zebeck as members of the Board. Derek Smith is executive vice president of
Equifax Inc. (NYSE:EFX) and Ronald Zebeck is president and chief executive
officer of Metris Companies Inc. (NASDAQ:MTRS), a subsidiary of Fingerhut
Companies, Inc.
Announcing the elections, Integon Chairman John C Head III said, "Derek
Smith and Ronald Zebeck bring with them excellent backgrounds in technology and
marketing of consumer finance products. Mr. Smith is group executive for the
Insurance Services Group of Equifax and has extensive experience in technology
and corporate finance. Mr. Zebeck has more than 20 years of management
experience in direct marketing and financial services. Integon should benefit
greatly from the operational and technological expertise these two men have
developed during their very successful careers. I am delighted to have them on
Integon's Board of Directors."
Mr. Smith joined Equifax in 1981 as an assistant vice president. Equifax is
a provider of information-based solutions and decision support services that
help businesses grant credit, authorize and process credit card and check
transactions, insure lives and property, and control healthcare costs. In 1988,
Mr. Smith was named executive vice
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Integon Corporation
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president of Equifax Credit Services and in 1991 became senior vice president
and chief financial officer of Equifax Inc. He assumed his current role as
executive vice president in 1993. Mr. Smith is an honor graduate of Pennsylvania
State University with a degree in computer science and holds a master's degree
in business management from the Georgia Institute of Technology.
Mr. Zebeck joined Metris Companies Inc. in 1994 as president and chief
executive officer. Metris is an information-based direct marketer of consumer
credit products, extended service plans, and fee-based products and services to
moderate income consumers. Before joining Metris, Mr. Zebeck was managing
director, GM Card Operations of General Motors Corporation from 1991 to 1993 and
served as vice president of marketing and strategic planning at Advanta
Corporation from 1987 to 1991. He also spent 10 years with Citicorp where he
held various credit card and credit-related positions. Mr. Zebeck is a graduate
of Towson State University with a bachelor of science degree in business
administration and marketing.
Integon Corporation, through its wholly owned property and casualty
insurance subsidiaries, specializes in the underwriting and marketing of
nonstandard and other specialty automobile insurance products to individuals.
The Company, headquartered in Winston-Salem, North Carolina, markets its
products through more than 12,500 independent agencies in 28 states.
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