CSI Kicks Off Year-Long Celebration of Company’s 50th Anniversary
20 March 2015 - 4:00AM
Business Wire
Golden anniversary serves as launching point
for new strategic plan and newly aligned corporate structure
Today, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider
of end-to-end technology solutions that empower financial
institutions to remain competitive, compliant and profitable,
officially kicks off its year-long celebration of the company’s
50th year in service to the financial industry.
Originally founded in 1965, CSI began with just six employees
supporting the company’s three original customers. Today, the
company ranks as the fifth largest banking core provider in the
U.S., boasting more than 1,100 employees serving customers
nationwide. Over the company’s five decades in business, CSI has
acquired 11 different technology companies in an effort to further
expand its presence in the financial industry and provide its
customers with the most innovative solutions available for each of
its business units.
In conjunction with the start of its 50th year in business, CSI
is casting its vision for the future with a new long-term strategic
plan and realignment of the organization and executive team.
“The successful implementation of our prior Strategic Growth
Initiative enabled CSI to grow while adding highly skilled talent
to our roster,” said Steve Powless, CSI’s chief executive officer.
“To sustain the positive momentum we’ve achieved over the past five
decades and ensure CSI’s promising future of growth and
profitability, we are making strategic changes to the company’s
organizational structure that will better position us to serve our
customers as we look toward our next 50 years in business.”
The next phase of the company’s long-term strategy includes
organization and leadership realignment aimed at integrating CSI’s
technical and financial services teams into unified, collaborative
groups. These changes, occurring immediately, include the
following:
- David Culbertson has been promoted to
president of the newly created Technology Services group, which
includes research and development, IT initiatives, telecom,
document delivery solutions and managed services; the Technology
Services group encompasses the development, implementation,
maintenance and integration of CSI’s technology resources into
effective strategies that maximize customers’ IT performance.
- George McGourty has been promoted to
president of the newly created Financial Services group, which
includes relationship management, customer service, education
services, implementations and product management. This team will be
responsible for the creation of a unified business strategy that
enhances access to and delivery of CSI’s full suite of financial
solutions;
- Giovanni Mastronardi has been promoted
to chief sales officer and will lead CSI’s national sales
team;
- Keith Monson has been promoted to chief
risk officer for the company, a role in which he will focus on
maintaining an enterprisewide compliance framework for risk
assessment and reporting; and
- Paul Koziarz remains president of
Regulatory Compliance.
CSI’s SGI will now be fully leveraged through future strategic
planning as the recent reorganization transforms CSI from siloed
divisions into more cohesive operational teams.
“David, George, Giovanni, Keith and Paul are exceptional leaders
who bring tremendous vision to CSI,” said Stan Eckenberg, CSI’s
president and chief operating officer. “We are well positioned to
build upon our 50-year history of solid performance and exemplary
service, and our continued success will only be enhanced by the
support of the talented employees who work alongside these
exceptional leaders as we achieve our promise of empowering our
customers to become more competitive, compliant and
profitable.”
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed
services, mobile and Internet solutions, payments processing, print
and electronic distribution, and regulatory compliance solutions to
financial institutions and corporate customers across the nation.
Exceptional service, dynamic solutions and superior results are the
foundation of CSI’s reputation and have resulted in the company’s
inclusion in such top industry-wide rankings as the FinTech 100,
Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service
Providers List. CSI’s stock is traded on OTCQX under the symbol
CSVI. For more information about CSI, visit www.csiweb.com.
For CSIBrandon Dyce,
270-442-7361Brandon.dyce@csiweb.comorStephen Sprayberry,
678-781-7207Stephen@williammills.com
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