CALABASAS, Calif. – Internet banking vendor Digital Insight has announced two departures and an addition in its senior management ranks. Elizabeth Murray, DI’s executive vice president and chief financial officer, says she intends to resign to pursue other career opportunities. She’ll stay on the job for a transition period and a search has begun for her successor, the company says. “Since joining Digital Insight in early 2002, Liz has transformed an entrepreneurial finance organization typical of emerging growth companies into a team with extraordinary discipline, process controls and professional management,” says Jeff Stieffler, DI’s president and CEO. Meanwhile, financial services veteran Bob Meagher was named to the new position of executive vice president of sales and marketing. Meagher had assumed responsibility for national sales and business development for financial services for EDS in 2002 and held senior management positions with Cap Gemini prior to that. DI said that Drew Hyatt, senior vice president of marketing and sales operations, also had resigned to pursue other opportunities.
The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.
The drop suggests the housing market is still struggling as buyers strain to find affordable options.
PSCU also announced that almost 50% of its employees completed training on the significance of the credit union movement.
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