In Brief: First Data to Shift Its HQ to Denver

DENVER — For the second time in three years, First Data Corp. will move its corporate headquarters, this time to Denver.

The company said it will keep a corporate office in Atlanta, its headquarters city since 1998 and all 575 of its current Atlanta employees will remain there for now.

First Data already operates an office in Denver that houses several divisions and 2,600 employees. Last month it broke ground for a 166,000-square-foot complex in the Meridian International Business Center, just outside Denver. The complex is to be completed in mid-2002.

Charles T. Fote, First Data’s president and chief operating officer, has had his office in Denver for 17 of his 25 years with the company. He is to become chief executive officer in January, which prompted the headquarters move, announced last week.

He is to succeed Henry “Rik” Duques, who lives in Florida and often works from the Atlanta office. Mr. Duques had shifted the company’s headquarters to Atlanta from Hackensack, N.J.

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