Q2 Holdings, Inc. (NYSE: QTWO) has announced a significant leadership transition, with Chairman R.H. "Hank" Seale III set to transition to chairman emeritus. As a successful community banker and entrepreneur, Seale founded Q2 in 2004 and led its early-stage growth as an industry-leading software provider. 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.
Under the leadership of CEO Matt Flake, Q2 has experienced significant growth, with more than a thousand customers across the globe. Flake has been instrumental in driving Q2’s success from a startup to a publicly traded company.
Q2 Holdings, Inc. 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.
The financial metrics and performance indicators of Q2 Holdings, Inc. were not provided in this press release. Today the company's shares have moved -0.9% to a price of $62.3. If you want to know more, read the company's complete 8-K report here.