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NEWS RELEASE
NACHA Launches CEO
Search
Herndon,
Virginia, November 12, 2007 - NACHA’s CEO
search committee announced today the search criteria
for its next chief executive officer and president.
Comprised of members of the NACHA Board, the search
committee has retained Korn/Ferry International to
manage the search process.
NACHA’s CEO, in
collaboration with the Board, shapes the
organization’s long-term direction and guides
operations, industry initiatives, programs, and
staff. The CEO is responsible for ensuring that
NACHA manages the development, administration and
governance of the ACH Network and provides superior
value and services to its members. The CEO is the
liaison to other leading payment organizations, such
as credit card associations and check payment
groups, and works to achieve mutual objectives and
benefits. The CEO is the primary spokesperson for
NACHA and its members, which include financial
institutions, regional payment associations, and
businesses.
“NACHA’s new CEO
and president will further strengthen our
demonstrated holistic leadership in the nation’s
payment system and continue our industry mission of
increasing the safety and soundness of the ACH
Network through policy and innovation; building
collaborative bridges with other payment networks;
and educating consumers, businesses and governments
about the value of electronic payments,” stated
Steve Ellis, executive vice president, Wells Fargo
Bank, and chairman, NACHA Board of Directors.
NACHA is seeking a
consummate leader with in-depth knowledge of the ACH
Network and its relationship with other payment
networks, industry stakeholders, and the
opportunities and challenges important to the ACH
and electronic payments industries. The CEO is both
a relationship and consensus builder — attracting
and engaging members and other organizations to
manage systemic issues and catalyzing change.
To learn more
about this opportunity, visit
http://www.ekornferry.com/Library/Process.asp?P=Opportunity&S=UJ799,
or contact Lorraine Lavet, 703-761-7020,
Lorraine.Lavet@KornFerry.com; Kari Browne,
212-984-9445,
Kari.Browne@KornFerry.com; or Matthew Page,
202-955-0958,
Matthew.Page@KornFerry.com.
NACHA -
The Electronic Payments Association
NACHA – The Electronic Payments Association, led by
member depository financial institutions and
payments associations, manages the development,
administration, and governance of the ACH Network.
NACHA represents more than 11,200 financial
institutions through direct memberships and a
network of regional payments associations, and 475
organizations through its industry councils. For
additional information on the ACH Network or
electronic payments, visit
www.nacha.org and
www.electronicpayments.org.
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