Corillian Appoints James R. Stojak to Board of Directors; Former Citigroup Executive and Banking Veteran Joins Board.PORTLAND, Ore. -- Corillian Corp. (Nasdaq:CORI), the top provider of online banking solutions to leading financial institutions, today announced the appointment of James R. Stojak to its board of directors. Mr. Stojak, 57, brings more than 30 years of banking and operations experience to Corillian's board of directors. Since 2000, Mr. Stojak has been serving as an independent consultant to financial institutions and technology providers. Prior to his work as a consultant, Mr. Stojak served as an executive vice president of Citigroup, where he led Citigroup's global consumer operations and technology divisions. From 1990 through 1996, Mr. Stojak was senior vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Citibank's Europe/North America credit card business. He also served as chairman of Citibank (South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). ), N.A. and as a director of Citibank (Nevada), N.A. Prior to Citigroup, Mr. Stojak held executive positions with Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank and Continental Illinois National Bank Illinois National Bank is a defunct name of one of the largest banks in Rockford, Illinois. Prior to the 1980s, branch banking in Illinois was prohibited. In 1985, AMCORE, the holding company of American National Bank acquired Illinois National Bank forming Amcore Bank. . "Corillian has made tremendous strides to become the dominant provider of online banking solutions, and it has a unique opportunity ahead to build on that leadership and momentum," Mr. Stojak said. "I look forward to working with the Corillian management team to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this opportunity." "Jim will be a tremendous asset to our organization," said Alex Hart, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corillian. "Jim brings to Corillian a wealth of expertise and knowledge within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, and his insights will be extraordinarily valuable as we build upon our achievements in the online banking industry." About Corillian Corporation Corillian is the top provider of online banking solutions to leading financial institutions. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively. Corillian's solutions are unmatched in reliability and performance and successfully scale at some of the world's largest financial institutions. Corillian's proven solutions enable financial institutions to deliver innovative services enterprise-wide, across multiple delivery channels and multiple lines of business. The Corillian Voyager platform provides secure and scalable account access and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. for a wide variety of applications built by Corillian's expert software developers, by Corillian-certified partners and by the in-house development organizations of some of the world's best financial institutions. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. |
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