R.H. Seale to Transition to Chairman Emeritus
May 10 2024 - 9:00AM
Business Wire
Q2 CEO Matt Flake to succeed Seale as chairman
of the board
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital
transformation solutions for financial services, today announced
that Chairman R.H. “Hank” Seale III will not stand for re-election
to Q2’s board of directors at the end of his current term, which
expires on June 11, 2024. In recognition of his role as the founder
of Q2, the board has appointed Seale as chairman emeritus. Q2’s CEO
Matt Flake will succeed Seale as chairman of the board, effective
June 11, 2024.
As a successful community banker and entrepreneur, Seale founded
Q2 in 2004 and led its early-stage growth as an industry-leading
software provider recognized for its innovative financial services
solutions and a strong mission-driven culture.
“Two decades ago, we built this company with a mission to help
community banks and credit unions thrive,” said Seale. “Our
technology is highly differentiated and continues to be a
leader—which is why the best banks and credit unions choose to
partner with us. Under Matt’s continued leadership, I know Q2 will
keep growing and achieve even greater success.”
As CEO, Flake has led Q2 through significant periods of growth,
developing award-winning solutions while building on the
mission-driven culture that Seale established. He has been
instrumental in driving Q2’s success from a startup to a publicly
traded company with more than a thousand customers across the
globe.
“I’m very honored to have worked closely with Hank to help bring
his vision into reality and on behalf of everyone at Q2, I want to
express our sincere thanks for his nearly 20 years of remarkable
service to this company. I’m also proud of the people who live out
our mission every day to build strong and diverse communities by
strengthening their financial institutions,” said Flake. “The
future is bright for Q2, and we will keep our customers at the
forefront as we continue to evolve, change and lead the
industry.”
About Q2 Holdings, Inc.
Q2 is a leading provider of digital transformation solutions for
financial services, serving banks, credit unions, alternative
finance companies, and fintechs in the U.S. and internationally. Q2
enables its financial institutions and fintech customers to provide
comprehensive, data-driven digital engagement solutions for
consumers, small businesses and corporate clients. Headquartered in
Austin, Texas, Q2 has offices worldwide and is publicly traded on
the NYSE under the stock symbol QTWO. To learn more, please visit
Q2.com. Follow us on LinkedIn and X to stay up to date.
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version on businesswire.com: https://www.businesswire.com/news/home/20240510052492/en/
MEDIA CONTACT: Jean Kondo Q2 Holdings, Inc. M:
+1-510-823-4728 jean.kondo@Q2.com
INVESTOR CONTACT: Josh Yankovich Q2 Holdings, Inc. O:
+1-512-682-4463 josh.yankovich@Q2.com
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