First Data announced this morning that Charles Fote will take over as Chairman of the Board on January 1st, replacing Ric Duques, who will remain a member of the board. Fote currently serves as President and CEO of FDC. He joined the company in 1975 and was named president and COO in 1998. He was named CEO in January of this year. Duques has served as chairman of the First Data Board of Directors since the company’s IPO in 1992. First Data reported 13% revenue growth in the third quarter, and a doubling of earnings per share compared to last year. Last week, Morgan Stanley raised its long term growth forecast for FDC from 12% to 15%. The company’s stock is trading around $36 per share, in the middle of its 52-week high and low. First Data serves approximately 2.8 million merchant locations and 1,400 card issuers. For complete details on FDC’s latest financials visit CardData ([www.carddata.com]).