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Jerry D. Hall, Co-Founder Of Jack Henry & Associates Passes Away

Stocks in this article: JKHY





MONETT, Mo., Feb. 12, 2013 /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 that Jerry D. Hall, age 69, the company's co-founder, former vice chairman, and acting executive vice president, died on February 11, 2013 of natural causes.

Jerry was data processing manager for the Jumping Jacks division of the U.S. Shoe Company before he and his business partner, John W. "Jack" Henry, established Jack Henry & Associates in 1976. Jerry was a pioneer in the community bank software industry and has been instrumental in building the company from a small venture in a rented space in a small engine repair shop to one that now supports more than 11,900 financial institutions and offers more than 300 products and services.  Jack Henry & Associates currently employs more than 5,000 employees and remains headquartered in Monett, Missouri.

"Jerry was known for his generous nature, strong work ethic, and 'common-sense' approach to business," according to Jack Prim, chairman and CEO of Jack Henry & Associates. "He was a good business man, a motivational leader, and an important member of our community. On a personal note, while he served primarily in an advisory capacity the past few years, he helped me better understand the unique culture of the company and how important it is. Jerry will be missed on many levels, and the thoughts and prayers of the entire JHA family go out to his wife, children, and grandchildren."

Tony Wormington, President of Jack Henry & Associates, commented, "Jerry was a trusted friend as well as teacher and mentor to those who knew him, and his dedication and perseverance inspired many of us to realize what we could accomplish by believing in ourselves.  He was fundamental in establishing an ongoing culture based on mutual support and service to others.  His commitment to doing the right thing, whatever it takes, and having fun have guided our company since it was founded 37 years ago."    

Mr. Hall is survived by his wife, Pat, his daughters Debi and Janet, his son Jeff, five grandchildren and three great-grandchildren. Funeral arrangements have not yet been announced.

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