Jack Henry CEO David Foss to retire; COO Greg Adelson named CEO effective July 1, 2024

JACK HENRY & ASSOCIATES INC

David Foss will retire as CEO on June 30, 2024, and become Executive Board Chair.
Greg Adelson, currently President and COO, appointed CEO and President effective July 1, 2024.
Under Foss, revenue grew ~50% to $2.08B and net income to $367M since 2016; he led 25+ acquisitions.
Adelson joined in 2011, led creation of PayCenter payments hub, Ensenta acquisition, and cloud modernization.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Gregory R. Adelson

Chief Executive Officer and President

JKHY · JACK HENRY & ASSOCIATES INC

Effective: 2024-07-01
Filed: January 22, 2024, 6:59 PM ET

Gregory R. Adelson will be appointed Chief Executive Officer and President of the Company, effective July 1, 2024.

Role change

David B. Foss

Executive Board Chair

JKHY · JACK HENRY & ASSOCIATES INC

Effective: 2024-07-01
Successor: Gregory R. Adelson
Filed: January 22, 2024, 6:59 PM ET

David B. Foss, who currently serves as Board Chair and Chief Executive Officer, will resign from his role as Chief Executive Officer and assume the role of Executive Board Chair, effective July 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Gregory R. Adelson was appointed as Chief Executive Officer and President at JACK HENRY & ASSOCIATES INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Gregory R. Adelson will be appointed Chief Executive Officer and President of the Company, effective July 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David B. Foss departed as Executive Board Chair at JACK HENRY & ASSOCIATES INC.

Action: resigned as CEO and assumed Executive Board Chair
Role: Executive Board Chair

Exact text from the filing

David B. Foss, who currently serves as Board Chair and Chief Executive Officer, will resign from his role as Chief Executive Officer and assume the role of Executive Board Chair, effective July 1, 2024.

View on SEC.gov

JACK HENRY & ASSOCIATES INC filing history →

Source: SEC EDGAR

accession 0000779152-24-000010

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