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TSYS Names New Global Chief Procurement Officer

TSYS (NYSE: TSS) today announced that Walter Taylor, a senior executive with more than 30 years of technology and operations experience in the payments and financial services industry, has been named group executive, chief procurement officer, responsible for procurement, vendor management and supplier management.

Prior to joining TSYS, Taylor served as executive vice president, strategy, of Genesis10, where he was responsible for the firm’s overall strategy for information technology staffing and consulting with clients in the financial services industry. He also served as COO of Pariter Solutions, LLC, a Bank of America and Wells Fargo ACH payment processing joint venture, and senior vice president of Bank of America, responsible for technology and operations procurement and supply chain management.

“Walter brings a tremendous depth of procurement, vendor and supplier management knowledge in the financial services industry to his new position at TSYS,” said M. Troy Woods, president and chief operating officer, TSYS. “Having worked with TSYS early in his career as a TS2 conversion project manager, we are pleased to welcome Walter back as a member of our senior leadership team and look forward to him further strengthening our procurement practices to support our growing global payments business.”

Taylor, a graduate of the University of Georgia and Mercer University, also served as an officer and pilot in the U.S. Air Force and is a Desert Storm veteran. Taylor will report to Paul Todd, TSYS’ new senior executive vice president and chief financial officer.

About TSYS

At TSYS ® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief "People-Centered Payments ®." By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend ®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2013 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.

Copyright Business Wire 2010

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