CSI Appoints Brian K. Brown as Chief Financial Officer
14 December 2019 - 3:10AM
Business Wire
Computer Services, Inc. (CSI) (OTCQX: CSVI) today announced that
Brian K. Brown has been appointed the Company’s Chief Financial
Officer, effective immediately. Mr. Brown previously served as
interim CFO.
“I am pleased to announce that Brian Brown has been named CSI’s
new Chief Financial Officer,” stated Steven A. Powless, chairman
and CEO of CSI. “Brian joined CSI in 2012 and has significant
experience in working with CSI’s accounting and finance teams. He
has been a strong leader as our Senior Vice President of Finance
and most recently as CSI’s interim Chief Financial Officer.
“Brian’s experience and his ties to CSI and to the Paducah
community made him the top candidate for CSI’s next CFO. He has
taken on increasingly important roles at CSI over the past seven
years. He joined CSI as Director of Financial Planning and Analysis
in 2012, and was promoted to Vice President of Finance in 2016 and
to Senior Vice President of Finance in 2018. Since joining CSI,
Brian and his family have been active members of the Paducah
community. We are very pleased to have the continuity Brian will
provide CSI in his new role."
Mr. Brown has over 15 years of finance and accounting
experience. As Chief Financial Officer, he will provide leadership
for CSI’s financial reporting, accounting, tax, budgeting, planning
and analysis, treasury management, and investor relations. Brown
will also serve as a strategic member of the executive leadership
team.
Prior to joining CSI, Mr. Brown served as Vice President,
Finance & Accounting Manager for FCB Services, Inc., a
subsidiary of Farmers Capital Bank Corp. He previously served as an
internal auditor for Farmers Capital Bank and a Financial
Institutions Examiner for the Kentucky Department of Financial
Institutions. He is a Summa Cum Laude graduate of Transylvania
University where he earned a Bachelor of Arts in Finance,
Economics; he then earned a Master of Business Administration from
University of Kentucky Gatton College of Business and Economics and
a Master of Science in Finance from the Indiana University Kelley
School of Business. Mr. Brown is a Certified Corporate Financial
Planning & Analysis Professional (FP&A). He is also an
active community leader in Paducah and a graduate of Leadership
Paducah.
About Computer Services, Inc.
Computer Services, Inc. delivers core processing, managed
services, digital banking, 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,
American Banker’s Best Fintechs to Work For and MSPmentor Top 501
Global Managed Service Providers List. CSI’s stock is traded on
OTCQX under the symbol CSVI. CSVI meets the financial media’s
“Dividend Aristocrats” criterion of having 25+ years of consecutive
annual dividend increases. For more information about CSI, visit
www.csiweb.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of
1995. All statements except historical statements contained herein
constitute “forward-looking statements.” Forward-looking statements
are inherently uncertain and are based only on current expectations
and assumptions that are subject to future developments that may
cause results to differ materially. Readers should carefully
consider: (i) economic, competitive, technological and governmental
factors affecting CSI’s operations, customers, markets, services,
products and prices; (ii) risk factors affecting the financial
services information technology industry generally including, but
not limited to, cybersecurity risks that may result in increased
costs for us to protect against the risks, as well as liability or
reputational damage to CSI in the event of a breach of our
security; and (iii) other factors discussed in CSI's Annual
Reports, Quarterly Reports, Information and Disclosure Statements
and other documents posted from time to time on the OTCQX website
(available at www.otcmarkets.com), including without limitation,
the description of the nature of CSI's business and its management
discussion and analysis of financial condition and results of
operations for reported periods. Except as required by law or OTC
Markets Group, Inc., CSI undertakes no obligation to update, and is
not responsible for updating, the information contained or
incorporated by reference in this report beyond the publication
date, whether as a result of new information or future events, or
to conform this document to actual results or changes in CSI's
expectations, or for changes made to this document by wire services
or Internet services or otherwise.
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Steven A. Powless, CEO 800-545-4274, ext. 10170 or
SPowless@csiweb.com