Jack Henry & Associates President Tony Wormington To Retire - Quick Facts

(RTTNews) - Jack Henry & Associates Inc. (JKHY), a provider of technology solutions and payment processing services primarily for the financial services industry, said Tony Wormington has informed the Board of Directors of his intention to retire as president of the company effective June 30.

Wormington was initially hired as an installer, and went on to hold such positions as Research and Development Manager, Vice President and General Manager of Technology Solutions. In January 2003, he was named Chief Operating Officer and in 2004 was promoted to President.

David Foss, current president of Jack Henry's ProfitStars division, will succeed him as the new President effective July 1.

Foss began with the company in 1999 through an acquisition. He has served as the ProfitStars president since 2009, leading that division to become a globally recognized brand. ProfitStars now serves over 11,300 of the over 13,000 US financial institutions.