Business
Jack Henry & Associates Announces Executive Leadership Retirements
MONETT, Mo., Nov. 3, 2021 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing
About this update from Jack Henry & Associates, Inc.
[{"type":"text","content":"MONETT, Mo., Nov. 3, 2021 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The company announced today that Chief Financial Officer (CFO) and Treasurer Kevin Williams and Chief Technology Officer (CTO) Ted Bilke have both informed the Company of their intention to retire in June 2022. Jack Henry will be working with an executive search firm to identify and evaluate potential successors to replace Williams from a pool of internal and external candidates. Ben Metz, Head of Digital at Jack Henry, has been named Bilke's successor and will assume the role of Chief Digital & Technology Officer (CDTO) in January when Bilke steps down as CTO. Bilke will remain with the Company until his retirement to assist Metz with the transition. \nWilliams began his 23-year career with Jack Henry as the company's Controller in 1998 and was named CFO/Treasurer in 2001. Bilke joined Jack Henry in 2005 as Director of Operations of the Symitar division and was named CTO in 2019.\n\"On behalf of the entire Board and management team, I want to thank Kevin and Ted for their dedication and valuable contributions during their careers at Jack Henry. They have both played critical roles in the company's growth and success in recent years, and we wish each of them well as they move into these next phases of their lives,\" remarked David Foss, Board Chair, President and CEO, \"I am happy to confirm that Kevin will be with us during and after the search process to ensure a successful transition.\"\nFoss went on to say, \"It also gives me great confidence to know that Ben Metz, who co-founded Banno and has been instrumental in growing our digital offerings, is stepping into the role of CDTO. Not only does he have a comprehensive understanding of the financial technology industry and deep knowledge of our business, but he is also passionate about the Jack Henry brand and is highly respected by his colleagues across the organization. I look forward to working closely with Ben in his new role to further fuel Jack Henry's success as we continue to innovate new technology solutions.\"\nWilliams said, \"It has been an honor to be associated with this outstanding company for more than 30 years and as an employee for more than 23 years....