S1 appoints John Stone CFO

Source: S1 Corporation

S1 Corporation (NASDAQ:SONE), a leading provider of customer-interaction software for financial services, announced today that the Board of Directors has appointed John Stone as the Company's new chief financial officer.

Stone, who has served S1 as corporate controller and most recently senior vice president of global finance, brings nearly 20 years of experience in corporate finance, accounting and financial reporting. Stone assumes the role from Matt Hale, who was recently appointed president over the Company's retail banking, wholesale banking and insurance business units and had served as CFO for four years.

"I am very pleased with the appointment of John Stone," said James S. "Chip" Mahan, III, CEO and Chairman of the Board for S1. "John brings many years of experience with software organizations as well as knowledge of our company after being actively engaged in our business for more than a year now."

Prior to S1, Stone served as vice president of finance, corporate controller at EarthLink (NASDAQ:ELNK), an internet service provider with more than $1 billion in annual revenue, and MAPICS Inc., a multinational software and services company recently acquired by Infor. Prior to MAPICS, Stone held various positions in corporate accounting and financial reporting with Computer Sciences Corporation, formerly Mynd, Corp. Stone began his career at PricewaterhouseCoopers after graduating from the University of Georgia, Terry College of Business.

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