March 12,2003   Fite Press Release





ATLANTA, GA, March 12, 2003—ORIX Financial Services, Inc. (OFS) is pleased to announce that Bill Fite has been named Executive Vice President/Group Manager, Equipment Finance. In his new role, Fite will lead the Equipment Finance Group (EFG) in generating quality new business within the construction, transportation, and general manufacturing and production equipment segments of the organization. He will also oversee operations and credit management for EFG.

As Executive Vice President/ Group Manager for EFG, Fite will report to Jay Holmes, Chairman and CEO of ORIX Financial Services, Inc. “Bill's outstanding performance with OFS provides a strong foundation for his future success,” says Holmes.


 “His proven track record of building motivated, focused teams is ideally suited to his new position, as he works closely with all levels of the organization to develop and implement strategic business initiatives.”


Fite joined OFS in January 2001 as Executive Vice President/Director of Marketing and Sales. He brought a wealth of talent and hands-on leadership to the company, with over 23 years of senior managerial experience in the equipment finance and leasing industry.


Prior to joining OFS, Fite worked for ABN AMRO's Lease Plan USA unit, serving as Senior Vice President and Senior Executive of the Equipment Finance and Leasing Division. He has also held various sales and sales management roles with Citizens and Southern National Bank, Citicorp Industrial Credit, and Westinghouse Credit Corporation.


( Readers have sent in information that we could not get confirmation or denial,

so at this time we will not print them as they have not been fully confirmed. It

appears no “official” at Orix Financial will communicate with Leasing News.



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