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Fiserv hires Countrywide Financial's Jones as CIO

11 January 2008  |  2197 views  |  0 Source: Fiserv

Fiserv, Inc. (NASDAQ:FISV), a leading provider of information management systems and services, announced today that Richard K. Jones will join the company as executive vice president and Chief Information Officer. The new position, which will report to the CEO, will have oversight responsibility for global infrastructure, technology governance, and spearheading programs to increase efficiency and effectiveness of the company's disbursed technology resources.

"Richard's proven experience leading technology in a world class financial services organization will bode very well for Fiserv," said Jeffery Yabuki, President and CEO of Fiserv. "His vast experience and leadership skills should significantly enhance the execution of our Fiserv 2.0 strategies. We are very pleased to have Richard on the team."

With more than 30 years of technology experience, Jones joins Fiserv after 12 years at Countrywide Financial Corporation, serving most recently as senior managing director and Chief Information Officer. Prior to becoming CIO in 2000, he served as executive vice president of eBusiness and Systems Architecture. During his tenure, he established industry-leading technology practices; developed Countrywide's global mortgage banking software and website infrastructure; enhanced risk management capabilities; and fully replaced legacy systems.

Prior to joining Countrywide, Jones had a variety of experiences including serving as the director of computing and communications at Technicolor, Inc.; owning a technology consultancy, Bethany Computer Systems; and providing EFT/ATM consulting services to the large, multi-national banks. Earlier in his career, Jones had system engineering roles with IBM, Royal Bank of Canada and Bank of Montreal.

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