CheckFree Promotes Lewis, McCoy, and Olsen to EVP
ATLANTA, Aug. 5 /PRNewswire/ -- CheckFree (Nasdaq: CKFR - news), the leading provider of financial electronic commerce processing and electronic billing and payment (EBP), today announced that Matthew (Matt) S. Lewis, Randal (Randy) A. McCoy, and Stephen (Steve) Olsen each have been promoted from senior vice president to executive vice president of CheckFree's Electronic Commerce (EC) division. Lewis oversees CheckFree EC Product Management and Marketing, while McCoy and Olsen supervise the Company's electronic commerce and EBP products and services as head of EC Development and Chief Information Officer respectively.
All three executives will continue to report directly to CheckFree President and Chief Operating Officer Pete Sinisgalli.
''During CheckFree's fiscal 1999, Matt successfully established a core Product Management organization and began the process of centralizing all of these functions to ensure the Company meets its long-term objectives,'' said Sinisgalli. Lewis also successfully integrated Marketing efforts with Product Management.
Under McCoy's leadership, the EC division's software development group continued to deliver market-leading, quality products on very aggressive schedules. ''Randy's extensive knowledge of the electronic commerce processing industry is a tremendous asset to our development organization and to CheckFree overall,'' added Sinisgalli.
''Steve has successfully led our Information Technology Operations (ITO) group over the past year and has established the framework for our long-term technology infrastructure and operating practices. His proven ability to manage complex environments and establish operating disciplines will ensure we meet our quality objectives for the ITO organization,'' said Sinisgalli
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