Donald W. Layden, Jr. Elected to Online
Resources Board of Directors
June 02, 2010 03:03 PM Eastern Daylight Time
CHANTILLY, Va.--(EON: Enhanced Online News)--Online Resources Corporation (Nasdaq:ORCC), a leading
provider of online financial services, today announced that long-time payments executive and attorney Donald W.
Layden, Jr. has been elected to the Company's Board of Directors.
Since October 2009, Mr. Layden has served as an advisor to Warburg Pincus, LLC, a leading global equity firm,
for its payments and transaction processing investments. He is also a partner at Quarles & Brady, LLP, a
Milwaukee, WI-based law firm with a focus on technology and business services clients.
Previously, Layden spent more than 17 years in the banking and payments industry, most recently as president of the
International Group and senior executive vice president of Corporate Development at Metavante Technologies, Inc.
He also served as General Counsel and Secretary of Metavante, which merged with Fidelity National Information
Services, Inc. (NYSE: FIS) in 2009.
Prior to joining Metavante, Layden held senior positions at Fiserv, Marshall & Ilsley, and NuEdge Systems, a
customer relationship management software company that was acquired by Metavante in 2004.
“We are very pleased that Don has agreed to bring his online banking and payments industry insight to our Board of
Directors,” said John C. Dorman, the company’s co-chairman of the Board of Directors and interim chief executive
officer. “A key strategic priority for Online Resources is to further develop key industry partnerships, and Don’s
experience, relationships and understanding of these strategic opportunities will be especially valuable.”
Layden joins the 2010 class of Directors that is up for election by shareholders at the company’s Annual Meeting on
July 1, 2010.
About Online Resources
Online Resources (Nasdaq: ORCC) powers financial interactions between millions of consumers and the company’s
financial institution and bil