28 May 2018
visit www.ebaday.com

Basis100 shuffles board of directors as chairman Bartholomew quits

30 May 2003  |  2108 views  |  0 Basis100 shuffles board of directors as chairman Bartholomew quits

Michael Johnstone has assumed the role of chairman of the board of directors at Canadian mortgage technology vendor Basis100 following the resignation of company co-founder Gary Bartholomew as chairman and president.

In a statement, Basis100 says Bartholomew left the firm to pursue other interests.

Bartholomew's resignation comes three weeks after the troubled firm reported a net loss from continuing operations for the first three months of 2003 of C$2.5 million following a sustained period of asset sales.

Johnston joined the Basis100 board of directors in 2001. Most recently, he was chairman, president and CEO at Merrill Lynch Credit Corporation (MLCC), which serves the mortgage and investment markets. The vendor says Johnston will lead its US expansion strategy.

Additionally, Stuart McFarland was elected to the Basis100 board of directors by the company's shareholders. McFarland is a managing partner at Federal City Capital Advisors, a Washington-based strategic advisory and corporate financial services firm.

He has also served as president and chief executive of Pedestal, chief financial officer, Fannie Mae and officer, GE Capital.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Sell-offs ease Basis100 burden

Sell-offs ease Basis100 burden

09 May 2003  |  1713 views  |  0 comments
Basis100 promotes Chris Gowen to VP direct sales

Basis100 promotes Chris Gowen to VP direct sales

02 May 2003  |  1917 views  |  0 comments
Basis100 bails out of CanDeal

Basis100 bails out of CanDeal

14 April 2003  |  1910 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.com/news/mobile-firstVisit iliad-solutions.com/Visit http://go.jumio.com/finextraAd

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
37058 views comments | 3 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
9308 views comments | 18 tweets | 26 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7911 views comments | 13 tweets | 13 linkedin
ING opens developer portalING opens developer portal
7603 views comments | 16 tweets | 23 linkedin
PayPal and Google bind payment railsPayPal and Google bind payment rails
7417 views comments | 11 tweets | 16 linkedin

Featured job

Competitive base, double ote, benefits
New York, Boston, Chicago, Philadelphia, USA

Find your next job