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New Company

Fintech

New Position

Member, Board of Directors

New Company Website

http://www.fintech.net/corp/

Former Company

Former Position

Financial Information Technologies, LLC ("Fintech"), the leading business solutions provider for the beverage alcohol industry, announced today that Bill Young, Jr. has joined the company's Board of Directors. As a member of Fintech's board, Mr. Young will contribute his extensive experience as an industry leader to work alongside the company's corporate leadership team, further developing Fintech's mission and impact.
As a partner of the family-owned alcohol beverage distributor General Wholesale Company (est. 1942), Mr. Young will leverage his industry-specific skills and experience to further develop Fintech's mission of communication, guidance, and client growth for the alcohol industry. Mr. Young's vast knowledge is illustrated by his standing as a member of the Board of Directors for the Wine and Spirit Wholesalers of America, as well as by his past tenure as President and member of the Board for the Wine and Spirit Wholesalers of Georgia.
"We are pleased to welcome Bill as an independent director to the Fintech board," said Tad Phelps, President of Fintech. "He joins Fintech at an exciting time as we continue to expand our presence and product offerings across the alcohol industry. The addition of Bill complements the skills and experiences of our Board of Directors, while adding valuable insights from the distributor's viewpoint. We believe his lifelong experience at General Wholesale will be extremely valuable as we shape our company to further service alcohol distributors."
"It is a tremendous honor to join Fintech's Board of Directors," said Mr. Young. "Fintech's commitment to excellence in both its business practices and client experience is a mission of which I am proud to be a part. I look forward to being an active member of the Board as Fintech seeks to scale the business in a strategic and efficient manner."
Mr. Young earned a B.B.A. in Management from the Terry College of Business at The University of Georgia, and his professional accomplishments earned him the prestigious Terry College Distinguished Alumni Award. His robust contributions to his alma mater include having served as a Chairman of the Building Campaign for the New Terry College of Business at The University of Georgia, and as an emeritus member of the Terry Dean's Advisory Council. Mr. Young currently serves as a member of the University of Georgia Athletic Board, and is an emeritus trustee and past chairman of the University of Georgia Foundation.
Mr. Young and his wife, Margaret Chambers, have two sons: Bill (26) and Brandon (24). Fintech is proud to welcome him to the company and are confident that with his demonstrated commitment, strategic prowess, and long-standing expertise he will be a valuable addition to the Board.

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