Alpharetta, GA., February 12, 2002 – The top managerial staff of Certegy Inc., (NYSE:CEY), today chose Lee A. Kennedy as administrator of the directorate. Kennedy, 51, will likewise go on as president and CEO.
“The appointment of Lee as executive is essential for the progression plan set up when I consented to act as director for a one-year time span following the side project from Equifax last year,” said Tom Chapman, administrator and Chief of Equifax. Chapman will keep on serving on the board until his term lapses in May 2002.
“Lee and his group are centered around development and amplifying investor esteem. I’m generally certain about the eventual fate of Certegy,” said Chapman.
“We profoundly value the commitments Tom has made to Certegy,” said Kennedy. “His commitment and vision have directed us since our initiation and situated us for proceeded with progress as an organization.”
Certegy (NYSE:CEY) gives credit, charge and dealer card handling, e-banking, check risk the board and check changing out administrations to more than 6,000 monetary organizations, 175,000 retailers and 140 million buyers around the world. Settled in Alpharetta, Georgia, Certegy keeps major areas of strength for a presence with tasks in the US, Canada, Joined Realm, Ireland, France, Chile, Brazil, Australia and New Zealand. As a main installment administrations supplier, Certegy offers a complete scope of exchange handling administrations, credit risk the executives arrangements and coordinated client care programs which work with the trading of business and buyer installments. Certegy utilizes north of 6,100 partners in nine nations and created $851 million in income in 2001. For more data on Certegy, kindly visit www.certegy.com.