Janet Estep Named New NACHA CEO

Janet Estep was selected by the NACHA board of directors to succeed Elliot McEntee as the payment organization's president and CEO. McEntee plans to retired at the end of 2008.

During the transition period, Estep will serve as president and chief operating officer and McEntee will continue as chief executive officer.

Estep was most recently EVP at US Bank. While there, Estep was responsible for the Transaction Services Division, including Elan ATM & Debit Services. Her direct responsibilities encompassed strategy development, product development and support, marketing, sales, relationship management, finance, technology integration, and portions of customer service and operations.