Joel M. Barry, chairman and chief executive officer of Electronic Clearing House Inc. Friday announced the resignation of Larry J. Thomas as president, chief operating officer, chief technology officer and director.
“Larry is a technical genius, in my opinion, and ECHO has benefited greatly from the systems and procedures he designed and implemented over the past three years,” Barry said. “He has built a strong team of people who will continue to follow the processes he has instituted and build further on them.
“Larry has decided that he would like the freedom to pursue specific personal goals and we wish Larry well and thank him for his significant contributions to ECHO’s success over the past years.”
Thomas said, “It has been a great three years working with Joel Barry and the rest of the ECHO team. We have achieved a lot together and I have great confidence that the company will continue to grow and prosper.”
Barry will serve as CEO and president while Larry Brown, the creator of ECHONLINE Internet services, will serve as chief technology officer for ECHO.
Electronic Clearing House provides credit card processing, check guarantee, inventory tracking services and various Internet services to more than 19,000 retail merchants and U-Haul dealers across the nation. ECHO also designs, develops and manufactures software and point-of-sale hardware that is utilized as credit card processing terminals, automated money order dispensers, inventory tracking devices, and casino cash advance systems.Details