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Press Release
Dave Schoenholz to Retire
"Throughout the last decade, Dave has been a key factor in the success of our company," said William F. Aldinger, HSBC Group Director, and Chairman and CEO of HSBC North America Holdings Inc., which includes Household International. "He has been my strategic partner, and I will miss his advice and counsel. He has worked for the organization for 19 years; he departs with my utmost respect and thanks."
Most recently, Schoenholz has overseen the HSBC/Household integration as well as strategic planning functions, strategic management of first mortgages in the United States and consumer finance activities throughout the HSBC Group.
About Household International, Inc.
Household International, Inc., based in Prospect Heights, Ill., is a wholly owned subsidiary of HSBC North America Holdings, Inc., one of the top 10 financial services holding companies in the United States. Household's businesses are leading providers of consumer loans, credit cards, auto finance and credit insurance products in the United States, United Kingdom and Canada. In the United States, Household companies operate under the two oldest and most recognized names in consumer finance - HFC and Beneficial. Additionally, Household's businesses are some of the nation's largest issuers of private label and general-purpose credit cards, including The GM Card® and the AFL-CIO's Union Plus® card. For more information, visit http://www.household.com.
Linda Stryker-Luftig
P: 212-525-3800
linda.stryker-luftig@us.hsbc.com
