A range of significant activities has been observed at Jack Henry & Associates (JKHY), including the acquisition, expansion of the board of directors, and several investment shifts by top fiduciary institutions. Major investors like Epoch Investment Partners and Vanguard Group have increased their stakes in JKHY while others like Intech Investment Management and Mutual of America Capital Management LLC have reduced their positions.
The company has seen changes in its executive ranks as well, with appointments of Tammy LoCascio and Lisa Nelson to the Board of Directors, as well as promoting Shanon McLachlan to COO and Greg Adelson to CEO. The passing of board member Laura Kelly and retirement of Stacey Zengel, President of Bank Solutions were also notable announcements. Quarterly earnings have grown consistently and the company has boosted its yearly forecast due to strong performance.
Important strides in JKHY's product offerings and partnerships were made, including the launch of the FedNow Service, and support for Bitcoin services for financial institutions through collaboration with NYDIG. They acquired Payrailz and promoted their next-generation technology strategy. Furthermore, the company has committed to sustainability in their initiatives, indicated by their annual sustainability report.
Henry Jack Associates JKHY News Analytics from Wed, 03 Nov 2021 07:00:00 GMT to Sun, 28 Jul 2024 18:45:50 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor -2
