New appointment is effective immediately.
Woodall has served as FIS senior vice president and controller since
2008 and replaces Michael Hayford who announced his retirement from
FIS in December 2012.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Mar. 18, 2013--
(NYSE: FIS), the world’s largest provider of banking and payments
technology, today announced that Woody Woodall has been named Chief
Financial Officer (CFO). Immediately assuming this position, Woodall
will have enterprise-wide oversight of all aspects of FIS’ financial
operations including the controllership, treasury, investor relations,
financial planning and analysis and corporate development functions, in
addition to FIS’ capital allocation strategy.
James "Woody" Woodall (Photo: Business Wire)
Woodall has served as senior vice president, chief accounting officer
and controller for FIS since July 2008 and was responsible for managing
all FIS accounting functions including accounting policy, internal and
external financial reporting, financial planning and analysis, and
Sarbanes-Oxley compliance. Over the past two years, Woodall has taken on
an increasingly expanded role in investor communications, capital
allocation strategy, capital committee and executive committee.
Prior to joining FIS, Woodall served as executive director and
controller of AT&T’s southeast region. Prior to AT&T, Woodall was a
senior manager in the audit practice of PricewaterhouseCoopers serving
technology and communications clients.
“Woody’s contributions over the past five years have been crucial in
helping FIS achieve its financial performance goals and deliver
increased value to its shareholders,” said Gary Norcross, FIS president
and chief operating officer. “The appointment of Woody to the CFO
position brings proven financial leadership to our Executive Management
team and ensures that we can continue to deliver on the financial
strategies that support our growth goals. We are confident that Woody
will help drive FIS’ continued success.”
Commenting on the planned transition period, Chairman and Chief
Executive Officer Frank Martire stated, “On behalf of the Board and FIS
Management, we are pleased to welcome Woody to his new position. He has
played an integral role in the development and execution of FIS’
financial strategy and has built deep relationships with the investment
community. His expertise across all aspects of our financial operations
will result in a shortened and smooth transition period of the CFO
FIS (NYSE: FIS) is the world’s largest global provider dedicated to
banking and payments technologies. With a long history deeply rooted in
the financial services sector, FIS serves more than 14,000 institutions
in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs
more than 35,000 people worldwide and holds leadership positions in
payment processing and banking solutions, providing software, services
and outsourcing of the technology that drives financial institutions.
First in financial technology, FIS tops the annual FinTech 100 list, is
425 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.
For more information about FIS, visit www.fisglobal.com.
This news release contains forward-looking statements that involve a
number of risks and uncertainties. Statements that are not historical
facts, including statements about our beliefs and expectations, are
forward-looking statements. Forward-looking statements are based on
management's beliefs, as well as assumptions made by, and information
currently available to, management. Because such statements are based on
expectations as to future economic performance and are not statements of
fact, actual results may differ materially from those projected. We
undertake no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise. The
risks and uncertainties which forward-looking statements are subject to
include, but are not limited to: changes in general economic, business
and political conditions and other risks detailed in the “Statement
Regarding Forward-Looking Information,” “Risk Factors” and other
sections of the Company’s Form 10-K and other filings with the
Securities and Exchange Commission.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130318005521/en/
Source: Fidelity National Information Services
Kim Snider, 904.438.6278
Marketing and Communications
Senior Vice President