Peter T. Crenier Joins CheckFree, Now Part of Fiserv, to Lead Investment Services Solutions Sales Team
Brookfield, Wis., December 19, 2007 - CheckFree, now part of Fiserv, Inc. (NASDAQ:FISV), a leading provider of information technology services to the financial industry, today announced that Peter T. Crenier has been hired as senior vice president to manage the CheckFree Investment Services sales team. In his new role, Crenier will lead the team responsible for sales of CheckFree Investment Services solutions, including CheckFree APL(TM), CheckFree's Unified Managed Account platform, CheckFree's Mutual Fund Advisory platform, CheckFree EPL(TM) Trading Solutions and CheckFree EPL(TM) Reporting Solutions.
Crenier is an accomplished senior-level, sales professional with more than 25 years of experience in the industry. Most recently, he was vice president national accounts for DST Output (NYSE:DST) managing sales for the company's $200 million financial services, insurance and health vertical markets. Before taking that role, Crenier was responsible for sales for DST Output's $123 million dollar mutual fund vertical market. Prior to joining DST Output, he designed, developed and managed the first sales operations organization for Lycos, a leading provider of publishing, media and search services.
"Peter has a deep understanding of technology solutions for the financial services and other vertical markets," stated Michael Gianoni, executive vice president and general manager, CheckFree Investment Service, now part of Fiserv, Inc. "This expertise coupled with his sales and marketing knowledge makes him a valuable addition to our team, as the industry is experiencing increased interest and continued growth of managed accounts and performance measurement technology solutions."
Crenier will be located in the new CheckFree office in Boston, at 101 Huntington Ave.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves more than 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5 billion in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.
For more information contact:
Hilary Fiorella
Vice President, Marketing
CheckFree Corporation
201-324-5111
hfiorella@checkfree.com
Fiserv Corporate Contact
Lori Stafford
Fiserv, Inc.
Assistant Vice President, External Comm.
(262) 879-5130
lori.stafford@fiserv.com
