CheckFree Corporation Elects C. Kim Goodwin to Board of Directors
February 03 2006 - 9:00AM
PR Newswire (US)
ATLANTA, Feb. 3 /PRNewswire-FirstCall/ -- CheckFree Corporation
(NASDAQ:CKFR) today announced that C. Kim Goodwin has been elected
to the Company's Board of Directors. Kim is a well-known and
respected equity investment professional. BusinessWeek named Kim
the winner of its 2004 year-end forecast and ranked her second in
the 2005 "Fearless Forecasters." Until February 2005, she served as
Managing Director and Chief Investment Officer - Equities of State
Street Research & Management Company. In this role she oversaw
the firm's equity investments, representing $19 billion in broad
equity assets, including pension fund, profit sharing, and mutual
fund accounts, and led a team of portfolio managers, analysts,
traders, and quantitative investment professionals. Kim joined
State Street Research in 2002 after serving as chief investment
officer for American Century Investments where she had primary
responsibility for the company's domestic growth equity discipline.
Prior to American Century Investments, she was a senior vice
president with Putnam Investments. From 1993 to 1996, Kim was a
vice president and portfolio manager at Prudential Investments and
served as portfolio manager for several Prudential equity mutual
funds. Kim began her career as an assistant vice president with
Mellon Bank in 1987 where she had various investment research and
portfolio management responsibilities. She also serves on the Board
of Directors for Akamai Technologies, Inc. "Kim brings an
impressive track record of financial services industry success to
CheckFree's Board of Directors," said Pete Kight, chairman and
chief executive officer of CheckFree Corporation. "I believe her
deep industry knowledge and management expertise will be an asset
to CheckFree as we continue to advance financial electronic
commerce solutions for our global customer base." In addition, the
Company announced that Lewis Levin has stepped down from his
Director position on CheckFree's Board. "Lewis has been a
tremendous asset to CheckFree's Board over the past six years,"
said Kight. "I recognize the cross-country travel and increased
meeting requirements has created a time conflict with his role at
Microsoft. We are very appreciative of the guidance and technology
insight Lewis has provided as a Director." About CheckFree
(http://www.checkfreecorp.com/) Founded in 1981, CheckFree
Corporation (NASDAQ:CKFR) provides financial electronic commerce
services and products to organizations around the world. CheckFree
Electronic Commerce solutions enable thousands of financial
services providers and billers to offer their customers the
convenience of receiving and paying their household bills online or
in person through retail outlets. CheckFree Investment Services
provides a broad range of investment management solutions and
outsourced services to thousands of financial services
organizations, which manage about $1.3 trillion in assets.
CheckFree Software develops, markets and supports software
applications that are used by financial institutions to process
more than two thirds of the 12 billion Automated Clearing House
transactions in the United States. The division also provides
operational risk management, financial messaging, corporate
actions, and regulatory compliance software to more than 1,500
organizations across the globe. First Call Analyst: FCMN Contact:
DATASOURCE: CheckFree Corporation CONTACT: Media relations, Judy
DeRango Wicks, +1-678-375-1595, or , or Investor relations, Tina
Moore, +1-678-375-1278, or , both of CheckFree Corporation Web
site: http://www.checkfreecorp.com/
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