TSYS CIO Ken Tye To Retire
27 March 2015 - 12:00AM
Business Wire
Tye led TSYS to become one of the most
respected Fin Tech companies in the payments industry
TSYS (NYSE: TSS) today announced that Ken Tye has decided to
retire as Senior Executive Vice President and Chief Information
Officer, after 43 years of service, effective September 30,
2015.
In making the announcement, TSYS President and Chief Executive
Officer M. Troy Woods stated, "I have had the privilege of knowing
and working with Ken from day one of his incredibly distinguished
career. He possesses that rare and unique ability to leverage his
technical acumen with sound business strategy which is very much
needed and appreciated in today’s environment. We are indebted to
Ken for his service and for the role he has played in positioning
TSYS as one of the most respected Fin Tech companies in the
payments industry. He is very much respected throughout our
organization and the industry and his shoes will be hard to fill.
Over the next few months, we will work together to review his areas
of responsibility to ensure a smooth transition.”
During Tye’s tenure, in the mid-1990’s, he led a team
responsible for building TS2, still considered the industry’s most
technologically advanced payment processing system in the market
today. Most recently, Tye has led the team creating a more open
technology environment to power TSYS’ next generation of digital
innovation and consumer servicing.
About TSYS
At TSYS® (NYSE: TSS), we believe payments should revolve around
people, not the other way around. We call this belief
"People-Centered Payments®." By putting people at the center of
every decision we make, TSYS supports financial institutions,
businesses and governments in more than 80 countries. Through
NetSpend®, A TSYS Company, we empower consumers with the
convenience, security, and freedom to be self-banked. TSYS offers
issuer services and merchant payment acceptance for credit, debit,
prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with
local offices spread across the Americas, EMEA and Asia-Pacific.
TSYS is a member of The Civic 50 and has been named one of the 2015
World's Most Ethical Companies by Ethisphere magazine. TSYS
routinely posts all important information on its website. For more,
please visit us at www.tsys.com.
TSYS Media RelationsCyle Mims,
+1.706.644.3110cylemims@tsys.comorTSYS Investor RelationsShawn
Roberts, +1.706.644.6081shawnroberts@tsys.com
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