| SurePayroll Announces New CEO
Former eFunds Executive Joins SurePayroll as Chief Executive Officer
CHICAGO - May 21, 2002 – SurePayroll, a national
leader in the online payroll marketplace, today announced the appointment of
Debra A. Janssen as its new CEO.
Janssen brings a strong track record of
financial company leadership to SurePayroll. Previously, Janssen served as
president and CEO of Deluxe Electronic Payment Systems, a provider of
electronic funds transfer processing and software services. During her tenure
at Deluxe, Janssen was appointed president and CEO of eFunds, a Deluxe spin-off
that went public in 1999.
In addition to her broad financial experience,
Janssen also has extensive experience managing companies that leverage the
Internet and has a strong operations background. She served as CEO of Mix Inc.,
an online B2B marketplace owned by Hallmark Cards, built to serve Hallmark’s
network of 5000 Gold Crown retailers.
Previously, she worked for 14 years with Metavante Corporation (formerly
M&I Data Services), a $600 Million financial services provider in Milwaukee,
WI.At Metavante Corporation, Janssen
held management roles in the customer service and network services areas before
being named Chief Information Officer for the organization.
Janssen succeeds Scott Wald, the original
founder of SurePayroll, who has served as its part-time CEO since the company’s
inception in 1999. Wald will continue in his role as Chairman of the Board of
Directors, and, in this capacity, will continue to provide advice and strategic
counsel to SurePayroll.
Commenting on the new CEO, Wald said, "The
Board of Directors is thrilled to attract an individual of such proven talents
as Debra Janssen to SurePayroll. She is one of the most respected individuals
in the financial industry. We have great confidence that Debra will continue to
build on the strong track record that SurePayroll has established and will help
us to achieve our ambitious strategic objectives in the years to come."
"SurePayroll has established itself as a leading
provider of payroll services in America with a simple and easy-to-use online
payroll solution that overcomes many of the disadvantages of traditional
payroll services and is far superior to processing payroll in-house.” said
Janssen. “This company is poised to truly transform the extent to which small
businesses leverage and take advantage of technology in their day-to-day
financial operations. When Scott Wald presented the opportunity to assume the
lead in taking SurePayroll to the next level, it was an opportunity that I
could not pass up."
About SurePayroll:
Founded in 1999, SurePayroll
provides a simple, reliable and economical way for small businesses to process
and distribute payroll and taxes in minutes via the Internet. The Company's
Internet-based payroll service automates the entire payroll process, completely
eliminating the traditional processing steps that conventional payroll services
providers use. Using Surepayroll, small businesses and their employees can
initiate and access their payroll from anywhere, at any time. By leveraging the
Internet, payroll is completed in a fraction of the time, at a fraction of the
cost.
SurePayroll is a privately held company based in
Skokie, IL. SurePayroll’s customer base number in the thousands and includes
payroll customers in all 50 states. In addition to providing payroll services
directly to small business, SurePayroll also provides a private label payroll
service that is used by numerous accounting firms and community banks.
SurePayroll’s business partners include Wells Fargo and ABN AMRO. For more information,
visit www.surepayroll.com.
For More Information About SurePayroll:
Michael Alter
Senior Vice President
SurePayroll
847-676-8420, ext 7229
michael.alter@surepayroll.com
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