Jack Henry & Associates

Jack Henry & Associates Establishes Endowed Scholarship Fund in Memory of Board Member Laura Kelly

Retrieved on: 
Thursday, April 4, 2024
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MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.

Key Points: 
  • MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.
  • Jack Henry will create an endowment of the existing Kelly Academic Excellence Scholarship at Samford University's Brock School of Business, which was established by Kelly and her husband, John Kelly, in 2016.
  • "Laura served as a dedicated member of our company's Board for more than 10 years and will be greatly missed," said Jack Henry Board Chair and CEO David Foss.
  • A member of the Jack Henry Board since 2013, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.

Technology Solutions Leader Kelli Schultz Joins Cornerstone Advisors

Retrieved on: 
Tuesday, March 12, 2024
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SCOTTSDALE, Ariz., March 12, 2024 /PRNewswire/ -- Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, announced today that Kelli Schultz has joined the Cornerstone team as principal. Schultz's experience spans 25 years across various disciplines at fintech start-ups and established organizations, including strategic technology solutions, payments, vendor management and regulatory compliance.  

Key Points: 
  • SCOTTSDALE, Ariz., March 12, 2024 /PRNewswire/ -- Cornerstone Advisors , a leading management and technology consultancy for banks, credit unions and fintech firms, announced today that Kelli Schultz has joined the Cornerstone team as principal.
  • Schultz's experience spans 25 years across various disciplines at fintech start-ups and established organizations, including strategic technology solutions, payments, vendor management and regulatory compliance.
  • Before joining Cornerstone, Schultz served as president at iPay Technologies, which sold to Jack Henry & Associates in 2010 for $300 million.
  • "Kelli Schultz brings to Cornerstone a proven track record of driving expansion and operational excellence within the fintech and regulatory technology sectors," said Scott Sommer, Cornerstone's chief executive officer.

Jack Henry & Associates to Elevate Shanon McLachlan to COO in July 2024

Retrieved on: 
Monday, March 11, 2024
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MONETT, Mo., March 11, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today that Shanon McLachlan, President of Jack Henry Credit Union Solutions, will become Chief Operating Officer (COO) effective July 1, 2024. As previously announced, Jack Henry President and COO Greg Adelson is being elevated to President and CEO on July 1, 2024. McLachlan, who also will become a Senior Vice President and executive officer of the company, will continue to report to Adelson.

Key Points: 
  • MONETT, Mo., March 11, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today that Shanon McLachlan, President of Jack Henry Credit Union Solutions, will become Chief Operating Officer (COO) effective July 1, 2024.
  • As previously announced , Jack Henry President and COO Greg Adelson is being elevated to President and CEO on July 1, 2024.
  • McLachlan, who also will become a Senior Vice President and executive officer of the company, will continue to report to Adelson.
  • McLachlan joined Jack Henry in 2015 and served as Senior Managing Director of ProfitStars® before becoming President of Symitar® (now Credit Union Solutions) in 2019.

Jack Henry & Associates Increases the Quarterly Dividend on its Common Stock by 6 Percent to $.55 Per Share

Retrieved on: 
Monday, February 12, 2024
Jack Henry & Associates, JKHY

MONETT, Mo., Feb. 12, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors increased the quarterly dividend by six percent (6%) to $.55 per share.

Key Points: 
  • MONETT, Mo., Feb. 12, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors increased the quarterly dividend by six percent (6%) to $.55 per share.
  • The cash dividend on its common stock, par value $.01 per share, is payable on March 26, 2024, to stockholders of record as of March 8, 2024.
  • Jack Henry has paid consecutive quarterly dividends since 1991, and 2023 marked the 20th consecutive year of an increasing dividend.

Jack Henry & Associates to Elevate Greg Adelson to CEO in July 2024

Retrieved on: 
Monday, January 22, 2024
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MONETT, Mo., Jan. 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today an executive transition plan in which President and Chief Operating Officer Greg Adelson will become CEO and President on July 1, 2024. Board Chair and CEO David Foss will retire from his current role on June 30, 2024, and become Executive Board Chair.

Key Points: 
  • MONETT, Mo., Jan. 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today an executive transition plan in which President and Chief Operating Officer Greg Adelson will become CEO and President on July 1, 2024.
  • Board Chair and CEO David Foss will retire from his current role on June 30, 2024, and become Executive Board Chair.
  • Adelson joined Jack Henry in 2011 as Group President of iPay Solutions™ and was promoted to General Manager of JHA Payment Solutions™ in 2014.
  • He became President of Profitstars® (now Complementary Solutions) in 2004 before becoming President of Jack Henry in 2014 and CEO in 2016.

Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions

Retrieved on: 
Monday, November 27, 2023
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MONETT, Mo., Nov. 27, 2023 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today that Stacey Zengel, Senior Vice President and President of Jack Henry Bank Solutions, plans to retire on June 30, 2024.

Key Points: 
  • A 24-year company veteran, Zengel will remain at the company through June 30, 2024
    MONETT, Mo., Nov. 27, 2023 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today that Stacey Zengel, Senior Vice President and President of Jack Henry Bank Solutions, plans to retire on June 30, 2024.
  • He was promoted to President of Jack Henry Bank Solutions in 2015 and became an executive officer at the company in 2018.
  • "On behalf of the entire Board and management team, I want to thank Stacey for his dedication and valuable contributions during his outstanding tenure at Jack Henry.
  • He will leave Jack Henry with a long list of outstanding achievements and colleagues that consider him a friend.

JACK HENRY & ASSOCIATES ANNOUNCES REGULAR QUARTERLY DIVIDEND

Retrieved on: 
Wednesday, November 15, 2023
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Key Points: 
  • MONETT, Mo., Nov. 15, 2023 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.52 per share.
  • The cash dividend on its common stock, par value $.01 per share, is payable on December 22, 2023, to stockholders of record as of December 1, 2023.

JACK HENRY & ASSOCIATES TO PROVIDE WEBCAST OF FIRST QUARTER 2024 EARNINGS CALL

Retrieved on: 
Wednesday, October 25, 2023
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MONETT, Mo., Oct. 25, 2023 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live Webcast of its first quarter 2024 earnings conference call on November 8, 2023.

Key Points: 
  • MONETT, Mo., Oct. 25, 2023 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live Webcast of its first quarter 2024 earnings conference call on November 8, 2023.
  • The press release announcing first quarter 2024 earnings will be issued after market close on November 7, 2023.
  • The live Webcast, which will begin at 7:45 a.m. Central (8:45 a.m. Eastern), can be accessed on the Jack Henry Web site at www.jackhenry.com .
  • The press release announcing first quarter 2024 deconversion revenue will be issued after market close on October 30, 2023.

ARGO Announces Two Texas-Based Banks Deploying ARGO Connects to Drive Business and Consumer Acquisition and Enhance Customer Engagement

Retrieved on: 
Monday, October 16, 2023
Technology, Finance, Fintech, Banking, Professional Services, Software, Small Business, Data Analytics, Data Management, Other Professional Services, Omni, Omnichannel, Human, Senior, Signature, Internet, Connected health, ITV Digital Channels, Small business, Jack Henry & Associates, Online shopping

Working in close collaboration with the banks’ core system provider, Jack Henry & Associates, ARGO is helping to manage the implementation and deployment of Connects.

Key Points: 
  • Working in close collaboration with the banks’ core system provider, Jack Henry & Associates, ARGO is helping to manage the implementation and deployment of Connects.
  • Connects provides both banks with a combination of computer technology and human resources, giving them a consistent customer experience via mobile, internet, contact centers, and their branches.
  • Connects is designed to enable financial institutions to deploy a digitally intelligent, Omni-Channel, customer-centric delivery business model that enhances the entire digital experience.
  • The solution also provides staff with a 360-degree customer view to enhance service support and improve sales management in an Omni-delivery ecosystem.

Thomas H. Lee Partners Appoints Fintech Veteran Mark Forbis as Executive Partner

Retrieved on: 
Tuesday, October 10, 2023
Finance, Banking, Professional Services, Other Professional Services, Fintech, Investment, Jack Henry & Associates, THL, John Henry, Citizens Bank, Renewable energy, Forby Sutherland

Thomas H. Lee Partners ("THL"), a premier private equity firm investing in middle-market growth companies, today announced the appointment of Mark Forbis as Executive Partner.

Key Points: 
  • Thomas H. Lee Partners ("THL"), a premier private equity firm investing in middle-market growth companies, today announced the appointment of Mark Forbis as Executive Partner.
  • In his new role, Forbis, a 40-year veteran of financial technology and services, will support the firm’s efforts in identifying, sourcing, and growing investment opportunities across the bank technology sector.
  • Prior to joining THL, Forbis spent over 30 years as an executive at Jack Henry & Associates, one of the nation's leading fintech providers where he most recently served as Executive Vice President and Chief Technology Officer.
  • During his time at Jack Henry, Forbis led the company’s national technology strategy and the development of numerous transformational banking technologies.