Printer Friendly

FORMER IBM CHAIRMAN JOINS SPS BOARD OF DIRECTORS

 FORMER IBM CHAIRMAN JOINS SPS BOARD OF DIRECTORS
 RIVERWOODS, Ill., April 27 /PRNewswire/ -- SPS Transaction Services,


Inc. (NYSE: PAY) announced today that Frank T. Cary, former chairman and chief executive officer of IBM, has joined the company's board of directors.
 "We are tremendously pleased to welcome Frank Cary to our board of
 "We are tremendously pleased to welcome Frank Cary to our board of


diversified industry experience and leadership will be invaluable to our young organization."
 Cary, 71, spent 43 years at IBM, holding a number of key positions, including chairman of the board and chief executive officer, and chairman of the executive committee. He remains active in business affairs and currently serves on the boards of a number of corporations, including Capital Cities/ABC, Merck & Company, PepsiCo and Texaco.
 SPS Transaction Services, Inc., headquartered in Riverwoods, Ill., is a full-service provider of electronic transaction processing services and private label credit card programs for retailers. The company, which had been a wholly owned subsidiary of Sears, Roebuck and Co., completed an initial public offering of approximately 26 percent of its shares in March 1992.
 -0- 4/27/92
 /CONTACT: Larry Myatt, 708-405-3732, for SPS Transaction/
 (PAY) CO: SPS Transaction Services Inc. ST: Illinois IN: FIN SU: PER


TQ -- NY068 -- 3110 04/27/92 11:47 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 27, 1992
Words:216
Previous Article:ENVIRONMENTAL TECTONICS AWARDED $1.5 MILLION CONTRACT FOR STERILIZATION SYSTEMS
Next Article:HOME PORT BANCORP, INC. DECLARES QUARTERLY CASH DIVIDEND


Related Articles
FRANK CARY, FORMER IBM CHAIRMAN AND CEO, JOINS CYGNUS BOARD OF DIRECTORS
NIKE NAMES FORMER IBM EXECUTIVE RALPH PFEIFFER JR. TO BOARD OF DIRECTORS
SPS REPORTS STRONG FINISH TO STRONG YEAR!
SPS TECHNOLOGIES' CHAIRMAN AND CHIEF EXECUTIVE OFFICER JOHN R. SELBY ANNOUNCES PLAN TO RETIRE
GEORGE BEITZEL, FORMER IBM EXECUTIVE, JOINS CTG BOARD
HEMMINGHAUS ELECTED NEW SPS DIRECTOR
LOUIS RIDINGS ELECTED PRESIDENT OF QUIXX; DAVID WILKS ELECTED TO QUIXX BOARD
SPS ANNOUNCES EXECUTIVE CHANGES
DAVID WILKS ELECTED TO UTILITY ENGINEERING BOARD
SPS Technologies Announces Management Transition.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters