Fiserv Announces Executive Appointment
BROOKFIELD, Wis., Jan 11, 2008 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ:FISV), a leading provider of information management systems and services, announced today that Richard K. Jones will join the company as executive vice president and Chief Information Officer. The new position, which will report to the CEO, will have oversight responsibility for global infrastructure, technology governance, and spearheading programs to increase efficiency and effectiveness of the company's disbursed technology resources.
"Richard's proven experience leading technology in a world class financial services organization will bode very well for Fiserv," said Jeffery Yabuki, President and CEO of Fiserv. "His vast experience and leadership skills should significantly enhance the execution of our Fiserv 2.0 strategies. We are very pleased to have Richard on the team."
With more than 30 years of technology experience, Jones joins Fiserv after 12 years at Countrywide Financial Corporation, serving most recently as senior managing director and Chief Information Officer. Prior to becoming CIO in 2000, he served as executive vice president of eBusiness and Systems Architecture. During his tenure, he established industry-leading technology practices; developed Countrywide's global mortgage banking software and website infrastructure; enhanced risk management capabilities; and fully replaced legacy systems.
Prior to joining Countrywide, Jones had a variety of experiences including serving as the director of computing and communications at Technicolor, Inc.; owning a technology consultancy, Bethany Computer Systems; and providing EFT/ATM consulting services to the large, multi-national banks. Earlier in his career, Jones had system engineering roles with IBM, Royal Bank of Canada and Bank of Montreal.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves more than 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5 billion in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.
SOURCE: Fiserv, Inc.
Fiserv, Inc. Melanie Tolley Vice President, Corporate Communications (262) 879-5098 firstname.lastname@example.org
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