Jack Henry appoints Richard Preece to board; Wes Brown will not stand for reelection
Jack Henry & Associates appointed Richard N. Preece, CEO of Liminex (GoGuardian), as a director effective August 20, 2026, filling the seat left when David B. Foss retired on July 15, 2026. The board is also shrinking from ten directors to nine before the 2026 annual meeting, and director Wes Brown, who has reached age 72, will not stand for reelection under the company's mandatory retirement rules.
Key points
- Richard N. Preece, age 51, appointed director effective August 20, 2026, and named to the Human Capital & Compensation and Risk & Compliance committees
- Board size reduced from ten to nine directors, effective immediately before the 2026 Annual Meeting of Stockholders
- Wes Brown will not stand for reelection under the Corporate Governance Guidelines mandatory retirement restrictions
- Preece to receive a prorated director RSU award of about $45,479, a $70,000 annual cash retainer, and $15,000 annual retainers for each of his two committee seats
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.