MINNEAPOLIS — September 7, 2011 — FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced the appointment of Amber Minson as vice president and general manager of the company’s consumer scores business, which includes the myFICO.com website. Minson will report to CEO Mark Greene, effective immediately.
Minson comes to FICO as an accomplished consumer Internet executive, having most recently served as vice president of digital marketing and analytics at HSN.com. She also led the marketing of all Quicken-branded desktop and online services at Intuit, and spent 10 years in product management, online marketing, product marketing and brand strategy leadership roles at Time Warner Cable, AOL and MediaOne.
“Amber Minson has a strong track record of delivering success in consumer online businesses, which will serve her well in her new role,” said Greene. “Over the past 10 years, myFICO.com has become the most trusted place for consumers to learn about and purchase their FICO Scores, but we believe we can play a much stronger role in helping consumers understand their credit health. Under Amber’s leadership, I’m confident we’ll be able to empower consumers and meet the growing need to manage credit wisely.”
“FICO Scores have never been more integral to the financial fabric of America than they are today,” said Minson. “What excites me most about this role is the opportunity to use FICO’s unique position at the intersection of Main Street and Wall Street to drive growth for consumers, lenders and the economy. FICO has a tremendous team in place, and I look forward to working with them to grow this business.”
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com. Learn more at www.fico.com. FICO: Make every decision count™.
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Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2010 and its last quarterly report on Form 10-Q for the period ended June 30, 2011. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
FICO and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.
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