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DST Systems Chief Executive Officer Thomas McDonnell To Retire; Board Of Directors Appoints Stephen Hooley Chief Executive Officer

Stocks in this article: DST

Mr. Hooley stated, "I am honored to have been chosen to succeed Tom as CEO and lead DST at this time of great opportunity.  I am excited to continue working closely with DST's dedicated employees and valued customers around the globe to build upon our past successes in order to create new opportunities.  DST is a unique company with significant prospects for growth, and together with the Board and management team, I am confident we will achieve our objectives."

About Stephen C. Hooley

Mr. Hooley has served as DST's President and Chief Operating Officer since 2009, responsible for overseeing Shareowner Accounting and Retirement Solutions, Automated Work Distributor products, DST Brokerage Solutions, DST Insurance Solutions, information systems, product sales and marketing, data centers and human resources. From 2004 through mid-2009, he served as President and Chief Executive Officer of Boston Financial Data Services, DST's 50/50 joint venture with State Street Corporation.  Mr. Hooley is currently a member of the Board and a non-executive officer of Boston Financial.  Since May 2007, he has served as Chief Executive Officer of International Financial Data Services Limited Partnership, another 50/50 joint venture with State Street.  Mr. Hooley also serves in other roles in joint ventures between DST and State Street.  Mr. Hooley was appointed to the DST Board in August 2012.

About DST Systems, Inc.

DST Systems, Inc. provides sophisticated information processing solutions and services to support the global asset management, insurance, retirement, brokerage, and healthcare industries. In addition to technology products and services, DST also provides integrated print and electronic statement and billing solutions through DST Output. DST's world-class data centers provide technology infrastructure support for financial services and healthcare companies around the globe. Headquartered in Kansas City, MO., DST is a publicly traded company on the New York Stock Exchange.

The information and comments in this press release may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors, risks, uncertainties or contingencies that could affect future  actions or results, including but not limited to those set forth in DST's periodic reports (Forms 10-K or 10-Q) filed  from time to time with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this press release to reflect future events. Brand, service or product names or marks in this press release are trademarks or service marks, registered or otherwise, of DST Systems, Inc., DST subsidiaries or affiliates, or third parties.

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