Jack Henry & Associates elected its CEO, John F. "Jack" Prim, as chairman after Michael E. Henry, who was its chairman since 1994, resigned.

Prim, who continues as the technology and payments provider's CEO, has been a member of the company's board since 2007. Matthew C. Flanigan will take the role of Lead Director, who handles certain responsibilities in the chairman's absence, the company said in an Aug. 24 press release. Flanigan, the senior vice president and chief financial officer of Leggett & Platt Inc., has been an independent director at Jack Henry since 2007.

Henry, who has worked with the Monett, Mo., vendor since 1979, said in a press release that during his time with the company, "we have grown the company from a small, well-run company to a national leader and highly respected brand in the banking, credit union and payments industries."

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