Corillian appoints Jay Whipple chairman of the board
Corillian Corp. (NASDAQ: CORI), the market leader of online banking, bill payment and anti-fraud solutions to leading financial institutions, today announced it has appointed Jay Whipple , a long-time director, as chairman of the board of directors.
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Whipple has served as a director of Corillian since November 1997. During that time, he has also served as chairman of Osprey Partners, LLP, a software services company, and president of J.N. Whipple, Inc., a money management firm. Prior to that, Whipple was executive vice president and vice-chairman of CheckFree Corporation, and from November 1978 to May 1996, Whipple served as president of Security APL, Inc., a provider of software and services for portfolio accounting and performance measurement.
"During my time with Corillian, I have seen the company grow from an emerging start-up to the premier provider of online banking services," Whipple said. "Corillian has come a long way, but there are still many opportunities for growth and expansion within new products and key target markets. I am excited to help Corillian take advantage of these new opportunities in the next stage of its business evolution."
"Jay has been a tremendous asset to Corillian with his vision and key industry knowledge," said Alex Hart, president and CEO of Corillian. "We look forward to working more closely with Jay in this new role as we look for strategic ways to continue growing our business."