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Nacha Announces New Officers and Directors for 2020

January 07, 2020 / Source: NACHA

Nacha Announces New Officers and Directors for 2020

Nacha today announced its new Board Chairperson and Secretary/Treasurer as well as six new directors. The Nacha Board oversees the governance and administration of Nacha as the ACH Network administrator and industry trade association.

“We are pleased to welcome our new officers and directors,” said Nacha President and CEO Jane Larimer. “Together our Board represents a diverse set of financial institution voices and helps us ensure the modern ACH Network continues to thrive and evolve.”

The Board of Directors elected Joe W. Hussey to serve as Chairperson for 2020. Hussey, who is Managing Director at J.P. Morgan, officially took the gavel Jan. 1.

Additionally, Lawrence D. Taft, AAP, CTP, Executive Vice President and Director of Retail Banking & Operations at Citizens Bank & Trust, has been elected by the Board to serve as Secretary/Treasurer. He assumed the role upon election.

Further, six individuals began terms as Nacha Directors in January:

  • Marlene Barkheimer, President & Chief Executive Officer, Farmers State Bank
  • Jason Carone, AAP, APRP, CTP, Product Management Director, Silicon Valley Bank
  • Nicholas J. Drinkwine, Senior Vice President, Senior Director of Enterprise ACH & Wire Operations, Capital One
  • Stephen C. Max, Senior Vice President, Head of Transaction Processing Operations, U.S. Bank
  • William J. Schoch, President & Chief Executive Officer, WesPay
  • Michelle E. Ziolkowski, CTP, Senior Vice President, Head of Global Payables, Wells Fargo

“Before we dive into 2020 business, I want to take pause to thank those who have served on the Board and welcome those new to the Board,” said Hussey. “The payments landscape is evolving rapidly and it’s great to lead a board of dedicated professionals focused on how we can ensure the continued vitality of the ACH Network.”