This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Michael E. Henry Retires As Chairman Of Jack Henry & Associates, Inc.

MONETT, Mo., Aug. 24, 2012 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry today announced the resignation of Michael E. Henry as Chairman of the Board of Directors.  Henry, who started with the company in 1979, has served as Chairman since 1994.

The company also announced that John F. "Jack" Prim, CEO of Jack Henry & Associates, has been elected by the board to serve as its new Chairman. Prim, who has been on the board since 2007, will continue to oversee the company as CEO.

"It has been a great privilege for me to serve Jack Henry & Associates in a variety of positions at the Company and on the Board," said Henry. "During that time, we have grown the company from a small, well-run company to a national leader and highly respected brand in the banking, credit union and payments industries. The Company, our customers, partners and shareholders are well positioned to continue to drive Jack Henry & Associates forward."

In conjunction with these changes, the Company's independent directors have appointed Matthew C. Flanigan to serve as "Lead Director."  In this role he will coordinate activities of the directors, advise on meeting agendas and chair meetings of the Board and the Stockholders in the absence of the Chairman.  Mr. Flanigan has served as an independent director of Jack Henry & Associates since 2007 and is employed as Senior Vice President and Chief Financial Officer of Leggett & Platt, Incorporated.

About Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for financial services organizations. Its technology solutions serve more than 11,900 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking™ supports banks ranging from de novo to mid-tier institutions with information processing solutions.  Symitar™ is the leading provider of information processing solutions for credit unions of all sizes.  ProfitStars ® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies™ operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. Additional information is available at www.jackhenry.com.

SOURCE Jack Henry & Associates, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs