secwatch.observer — SEC 8-K summary
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Issuer:     JACK HENRY & ASSOCIATES INC (JKHY)
CIK:        0000779152
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0000779152-24-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779152/000077915224000010/0000779152-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779152/000077915224000010/jkhy-20240119.htm
  HTML page:      https://secwatch.observer/filing/0000779152-24-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer