CGI Credit Union Solutions and Services Announces Changes In Top Management

After long and distinguished careers servicing credit unions, David Palmer, Senior Vice President and General Manager, and Paul Chauvin, Senior Vice President and Controller for CGI Credit Union Soltions and Services (formerly C.U. Processing), have announced decisions to leave CGI to pursue other interests.

Both gentlemen have made great contributions to the success of CGI Credit Union Solutions and Services and have played a key role in the growth and development of hundreds of credit unions throughout their combined 50 years in the industry. Their entrepreneurial vision led C.U. Processing in their quest for cutting edge technology and has helped the company hold rankings in the top 10 of their industry for many years.

Gilles Godbout, Senior Vice President, CGI Credit Union Solutions and Services will assume the responsibilities of executive management at the company. Relocating from the Toronto area, he will make his home in metro-Detroit. Mr. Godbout will rely on the two former executives as consultants until the beginning of next year.

“I have the deepest appreciation and respect for these two fine men and will continue to look to them for guidance over the next few months,” commented Mr. Godbout. “Their involvement with this company and the credit union industry as a whole is a tribute to the ‘people helping people’ maxim observed by their peers. ”

A Master’s degree recipient in the study of Information Services, Mr. Godbout has been in the Management Information Systems field for 30 years – and with CGI for a total of eight years. Holding senior management positions with Laurentian Bank in Canada for twelve years, he has gained a wealth of financial institution experience. Mr. Godbout has led the Credit Union Solutions and Services group, which spans over the entire North American continent, for three years. His division’s portfolio of services includes data processing services in both United States and Canada, as well as a suite of Internet based solutions (from the firm formerly known as CyberBranch). Mr. Godbout has been a key figure in acquiring these companies to enhance the services provided to the industry.

The CGI North American Credit Union Solutions and Services executive management team will report directly to Mr. Godbout. “I am anxious to begin working with the team in order to continue to provide the same or better services and solutions to our credit union clients.” Mr. Godbout sees the future for his business unit as prosperous.

Mr. Palmer (former CEO of C.U. Processing) had this to say as a result of his decision, “For many years, C.U. Processing has been like home. I am happy to have made a contribution to the noble credit union industry. My decision to pursue other interests was not taken lightly. The past 20 years have been a challenging and rewarding experience that I will hold sacred for the rest of my life. I wish the company, its customers, and its employees the best of luck in the future.”

As well, Mr. Chauvin had these parting words, “The past twenty-plus years have been wonderful. Working with such an excellent team has been both fruitful and rewarding to me personally. I will miss the staff and clients of CGI and I wish them the best for the future. I am looking forward to pursuing other endeavors as I know the company will be a success in its many years to come.”

À propos de CGI
Fondée en 1976, CGI est la quatrième entreprise indépendante de services-conseils en technologies de l'information en Amérique du Nord, compte tenu de son effectif de plus de 13 000 professionnels. Les revenus annualisés de CGI s'établissent à 1,3 milliard $US (2,0 milliards $CAN) et son carnet de commandes s'élève présentement à 6 milliards $US (9,3 milliards $CAN) . À partir de ses 60 bureaux situés dans plus de 20 pays, CGI offre la gamme complète des services en technologies de l'information ainsi que des solutions d'affaires à plus de 3 000 clients situés principalement aux États-Unis, au Canada, au Royaume-Uni, en France, en Inde, au Japon et en Australie. Les actions de CGI sont inscrites à la Bourse de New York (GIB), ainsi qu'à celle de Toronto (GIB.A). Elles figurent dans l'indice TSE 300 de la Bourse de Toronto, dans l'indice canadien des technologies de l'information S&P/TSE et dans l'indice canadien des sociétés à capitalisation moyenne. Site Web : www.cgi.ca.