Cash America Announces Addition of Daniel E. Berce to Its Board of Directors
FORT WORTH, Texas--May 8, 2006--Cash America International, Inc. announced today that at its Annual Shareholders' Meeting on April 26 the shareholders elected Daniel E. Berce to its Board of Directors. Daniel Berce has been President and Chief Executive Officer of AmeriCredit Corp. since August 2005. Prior to that, Mr. Berce served as President of AmeriCredit Corp. from April 2003 to August 2005. Prior to that, Mr. Berce served in a variety of executive officer capacities at AmeriCredit including its Chief Financial Officer since May of 1990. He is also a member of AmeriCredit's Board of Directors. Prior to joining AmeriCredit, Mr. Berce was a partner with Coopers & Lybrand and was with the firm for 14 years. Mr. Berce is a Certified Public Accountant and is a graduate of Regis University in Denver, Colo. During 2006, Mr. Berce will be a member of Cash America's Audit Committee and its Management Development and Compensation Committee.Commenting on the addition, Daniel R. Feehan, President and Chief Executive Officer of Cash America said, "We are excited about Dan Berce joining our Board of Directors given his extensive experience in the finance industry. His background complements our existing group of directors and he will be an asset to our Company and its shareholders."
About Cash America International, Inc.
Cash America International, Inc. is a provider of specialty financial services to individuals in the United States with 894 total locations. Cash America is the largest provider of secured non-recourse loans to individuals, commonly referred to as pawn loans, through 468 locations in 21 states under the brand names Cash America Pawn and SuperPawn. The Company also offers short-term cash advances in many of its locations including 286 locations that offer this service under the brand names Cash America Payday Advance and Cashland. In addition, check cashing services are provided through its 140 franchised and Company-owned "Mr. Payroll" check cashing centers. For more information, visit www.cashamerica.com.
About AmeriCredit Corp.
AmeriCredit Corp. is a leading independent automobile finance company that provides financing solutions indirectly through auto dealers and directly to consumers in the United States and Canada. AmeriCredit has approximately one million customers and $12 billion in managed auto receivables. The Company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.