OneSpan™ Inc. (NASDAQ: OSPN), a global leader in software for
trusted identities, e-signatures and secure transactions, today
announced the expansion of its board to 10 members with the
appointments of Naureen Hassan and Marianne Johnson to OneSpan’s
Board of Directors effective March 15, 2020.
Most recently, Ms. Hassan has served as the Chief Digital
Officer at Morgan Stanley Wealth Management (MSWM), an $18 billion
revenue division of global financial services firm, Morgan Stanley
(NYSE: MS). Ms. Johnson is the Executive Vice President and Chief
Product Officer at Cox Automotive, one of the largest automotive
services companies in the world with a portfolio of brands that
provide cloud-based retail, financial and wholesale solutions for
consumers, dealers and manufacturers in the global automotive
market.
“OneSpan’s Board of Directors continues to expand its expertise
in cloud-centric business models that deliver security and
productivity to the financial services sector. These appointees
bring depth in the design, development, and delivery of secure
digital services at scale,” said OneSpan Board Chair, John N. Fox,
Jr.
“The addition of Naureen Hassan and Marianne Johnson will
provide valuable perspectives as we execute our Trusted Identity
growth strategy to enable secure digital banking,” said OneSpan
CEO, Scott Clements. “We expect both candidates to make important
contributions to our evolution as a financial technology company
focused on building long-term shareholder value.”
Ms. Hassan and Ms. Johnson join the eight directors currently
serving on OneSpan’s Board.
About Naureen Hassan
Ms. Hassan was the Chief Digital Officer at Morgan Stanley
Wealth Management (MSWM) and was responsible for the MSWM
business’s digital transformation strategy focused on modernizing
how the firm and its advisors acquire, serve and interact with
clients. In this role, she led product development teams in
building digital marketing capabilities, consumer facing
technologies and artificial intelligence-enabled platforms. Prior
to joining MSWM in 2016, Ms. Hassan was the Executive Vice
President of Investor Services Segments and Platforms at Charles
Schwab Corporation for 13 years.
Ms. Hassan has more than 25 years of experience across financial
services, using new technologies to transform the user experience
while improving operational efficiency and enabling business
process transformation.
About Marianne Johnson
Ms. Johnson is an Executive Vice President and Chief Product
Officer driving innovation and technology advancements at
privately-held Cox Automotive, one of the largest automotive
services companies in the world providing cloud-based technology
and other solutions for the automotive wholesale and retail
marketplace, including well-known brands such as Autotrader, Kelley
Blue Book and Manheim.
Before joining Cox Automotive in 2018, Ms. Johnson was the
Senior Vice President and Head of Product and Technology at First
Data Corporation where she worked on a range of banking and
payments technologies including fraud analytics.
Ms. Johnson has more than 30 years of experience in technology
and business model innovation with expertise in product management,
marketing, data analytics, artificial intelligence, competitive
analysis and commercialization.
About OneSpan
OneSpan enables financial institutions and other organizations
to succeed by making bold advances in their digital transformation.
We do this by establishing trust in people’s identities, the
devices they use, and the transactions that shape their lives. We
believe that this is the foundation of enhanced business enablement
and growth. More than 10,000 customers, including over half of the
top 100 global banks, rely on OneSpan solutions to protect their
most important relationships and business processes. From digital
onboarding to fraud mitigation to workflow management, OneSpan’s
unified platform reduces costs, accelerates customer acquisition,
and increases customer satisfaction. Learn more about OneSpan at
OneSpan.com and on Twitter,
LinkedIn and Facebook.
Copyright© 2020 OneSpan North America Inc., all rights reserved.
OneSpan™ is a registered or unregistered trademark of OneSpan North
America Inc. or its affiliates in the U.S. and other countries.
Investor contact:
Joe Maxa Director of Investor Relations M: +1-612-247-8592 O:
+1-312-766-4009 joe.maxa@onespan.com
Important Additional Information
OneSpan, its directors, its nominees and certain of its officers
are participants in the solicitation of proxies from OneSpan’s
shareholders in connection with OneSpan’s 2020 annual meeting of
shareholders. OneSpan intends to file a proxy statement and white
proxy card with the U.S. Securities and Exchange Commission (the
“SEC”) in connection with any such solicitation of proxies from
OneSpan’s shareholders. ONESPAN SHAREHOLDERS AND OTHER INVESTORS
ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING
WHITE PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC
CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION.
Information regarding the names of OneSpan’s directors, director
nominees and executive officers and their respective interests in
OneSpan by security holdings or otherwise is set forth in OneSpan’s
proxy statement for the 2019 annual meeting of shareholders filed
with the SEC on April 26, 2019 (the “2019 Proxy Statement”), with
such changes thereto as have been reported in subsequent SEC
filings on Forms 3, 4 and 5, and the current report on Form 8-K
filed with the SEC on the date of this press release. A copy of the
2019 Proxy Statement, such Form 8-K and other relevant documents
that OneSpan files with the SEC (including OneSpan’s proxy
statement for the 2020 annual meeting of shareholders when it
becomes available) may be obtained for no charge at the SEC’s
website at www.sec.gov and at OneSpan’s website at
investors.onespan.com. Copies may also be obtained
by contacting OneSpan by mail at 121 West Wacker Drive,
20th Floor, Chicago, IL 60601, Attention: Corporate Secretary
or by telephone at 312-766-4001.
Forward Looking Statements
This news release contains forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including statements relating to the
execution of OneSpan’s strategy and the anticipated contributions
of Ms. Hassan and Ms. Johnson to Board of Directors. These
forward-looking statements are be accompanied by words such as
“aim,” “anticipate,” “believe,” “could,” “estimate,” “except,”
“forecast,” “intend,” “may,” “plan,” “continue,” “potential,”
“possible,” “will,” “would” and other words and terms of similar
meaning. You should not place undue reliance on these
statements.
These statements involve risks and uncertainties that could
cause actual results to differ materially from those reflected in
such statements. These risks and uncertainties those factors set
forth in the Risk Factors section of our Form 10-K filed with the
SEC. We do not have any intent, and disclaim any obligation, to
update the forward-looking information to reflect events that
occur, circumstances that exist, or changes in our expectations
after the date of this press release, except as required by
law.
Source: OneSpan Inc.
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