FICO Announces Changes to Board of Directors

Feb 25, 2016, 15:00 ET from FICO

SAN JOSE, Calif., Feb. 25, 2016 /PRNewswire/ -- FICO (NYSE: FICO), the predictive analytics and decision management software company, announced today that board director Braden R. Kelly will succeed A. George (Skip) Battle as chairman of the board, effective February 24, 2016. Mr. Kelly has served as a director since February 12, 2013. Mr. Battle, who will continue to serve on the board, was elected chairman in 2002.

The company also announced that Duane E. White has retired from the board, effective February 24, 2016, after serving since February 2009.

"On behalf of the board of directors and FICO management and staff, I want to thank Skip for his leadership and dedication as board chairman for the past 14 years," said Will Lansing, CEO. "The company has undergone a great deal of change during that time, and our prospects today are bright. I'm pleased that we can count on his continued service on the board, just as I look forward to working closely with Braden as he takes on the responsibility of board chair.

"I would also like to thank Duane White for his service to FICO and his many contributions on the board, including his roles as the Leadership Development and Compensation Committee chair and an Audit Committee member. I know I speak for the entire board when I extend to Duane my gratitude and wishes for continued success." 

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 165 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Businesses in more than 100 countries use FICO solutions for a wide range of mission-critical applications, from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time. Learn more at https://www.fico.com.

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FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.

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SOURCE FICO



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