Saab Financial Services Corp. Names Michael E. Lisk President



9/99

Norcross, GA - Michael E. Lisk has been named president of Saab Financial Services Corp. (SFSC), the captive finance company for Saab Cars USA, Inc. Saab Cars USA, Inc. is the U.S. importer and distributor of Saab 9-5 and Saab 9-3 automobiles, based in Norcross, Georgia.

In his position as president of SFSC, Lisk will oversee the day to day operations of the financial services company. Saab Financial Services Corp. began offering lease and retail financing to Saab franchise dealers in the U.S. in August. Lisk will guide credit, sales, marketing, remarketing and finance policies. He will also serve on the Saab Cars USA strategy development team. Lisk reports to Ken Adams, vice president of Saab Cars USA, Inc. and chief executive officer of SFSC.

Prior to joining Saab, Lisk was Senior Manager in the Sales and Marketing department at BMW Financial Services NA, Inc. in Atlanta, Georgia. Lisk joined BMW Financial Services NA, Inc. in March 1993 as a regional manager.

Lisk holds a bachelor's degree from Appalachian State University. He and his family reside in Duluth, Georgia.


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