Ignite Sales, Inc. announced yesterday that Jerry McElhatton, President of MasterCard’s Global Technology and Operations has accepted a seat on the Board of Directors joining Bob Mahoney as an outside member. Mr. McElhatton also serves on the Board of Advisors of BMC, a major software developer and Mascon Global Limited, a major Information Technology consulting and development company. He is a trustee of St. Louis University as well as a number of civic organizations.
“Financial institutions globally recognize and highly respect Jerry’s expertise in technology and operations, gained from executive management positions with Ameritrust, Bank One and First Republic (now Bank of America). He brings a welcomed dimension to our board,” stated Al Fleener, board member of Ignite Sales, Inc. and general partner of Seed Capital Partners, an early stage venture capital investor in technology in Texas.
Julie Hamrick, President of Ignite Sales, joins in welcoming Mr. McElhatton, “By contributing his technology and operations knowledge to our board, Mr. McElhatton will significantly strengthen our Company’s strategic direction. His experience is synergistic with Mr. Mahoney’s market knowledge and both are already helping us leverage large, national partnerships and alliances.” (Mr. Mahoney served as CEO of Diebold Corporation.)
Ignite’s Internet service provides real time customer financial planning then promotes appropriate bank products while measurably generating new account leads. New account applications result at unprecedented levels while minimizing costs.
About Ignite Sales, Inc.
Ignite Sales(R) is an online service provider that enables financial institutions (FI’s) to build customer loyalty and retention using interactive and personalized cross-selling methods. The company’s MoneyMatch(TM) and ProductMatch(TM) services allow FI’s to convert their web traffic to immediate revenue by matching consumers with products at the consumer’s time of need, while also predicting future consumer purchases using the powerful, back-end marketing engines. Ignite Sales was named as one of five “Leading Online Financial Planning and Advice Providers,” according to a recent report by IDC, a leading global market intelligence and advisory firm. Ignite’s clients include: Bank One, Citigroup, Frost Bank, Sovereign Bank and Wells Fargo. For more information, visit [www.ignitesales.com].
More about Jerry McElhatton
Jerry McElhatton is senior executive vice president for MasterCard International. He is responsible for Global Technology and Operations (GTO), ensuring MasterCard’s technology leadership and quality of operations. Mr. McElhatton also is taking the lead in company wide process change efforts, aimed at improving MasterCard’s fundamental business process, eliminating duplication, reducing costs, and redeploying resources in ways that add maximum value for key customers.
Before joining MasterCard, Jerry was president and chief executive officer of Dallas-based Payment Systems Technology & Consulting. He also served for 10 years as president and chief executive officer of First Republic Bank Services Corporation. In addition, Mr. McElhatton held executive management positions in operations and technology with Ameritrust and Bank One. Mr. McElhatton earned his bachelor’s degree in industrial management from Franklin University, and attended the Western Michigan University graduate degree program.