Marion Robin Foote Joins Novantas, Former Bank of America Executive Expands Retail Banking Practice

January 24, 2005

NEW YORK - Novantas LLC, the leading provider of management consultancy and information services to the financial services industries, today announced the addition of Marion Robin Foote, formerly Group Executive Vice President and Head of Relationship Marketing at Bank of America Corp., Charlotte, N.C.

Foote brings a combined 30 thirty years of experience to the retail banking practice at Novantas, with an outstanding track record that includes consulting and multiple engagements as a senior corporate executive. Prior to joining Bank of America she served as Senior Vice President and Division Head for First Chicago NBD Corp., and she also was a Senior Marketing Executive with AT&T Corp. Foote began her career as a consultant with McKinsey & Co.

"Robin brings enormous retail banking expertise to Novantas, and she is renowned for her ability to help retail-oriented companies increase franchise value through improved customer knowledge, marketing performance, and client experience design," said Sherief Meleis, a Managing Director at Novantas.

A Phi Beta Kappa graduate of Smith College, Northampton, Mass., Foote was a Baker Scholar and guest lecturer at Harvard Business School. She serves on the Board of Directors at CFSB Direct and also on the advisory boards of several start-ups. Ms. Foote has been named a Managing Director at Novantas.

Novantas is the acknowledged leader in customer science and revenue strategy for the financial industries. The Firm specializes in applying advanced analytics and technologies to help clients make better decisions in marketing, product, pricing, customer management, and distribution.

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