Industry & Services >> CEO Interviews >> November 11, 2003

Paul Walsh – Efunds Corporation (efds)

PAUL F. WALSH is Chairman and Chief Executive Officer of eFunds Corporation, a global payment management and information services leader with 2001 revenues of more than $500 million. Mr. Walsh was named Chairman of the eFunds Board of Directors and Chief Executive Officer on September 16, 2002. He has a deep and varied background in the electronic payments and financial services industries. Prior to eFunds he was Chairman and CEO of Clareon Corporation, a privately held electronic payments provider based in Portland, Maine. From 1999 to 2000, Mr. Walsh served as Chairman of Ideal Partners, a private equity firm, funded in part by Bank Boston Capital and Berkshire Partners. From 1995 to 1998, he was President and CEO of Wright Express Corporation, a market leader in the US Fleet Card industry. His experience also includes significant successes at several of America's largest financial institutions, including the CEO role for the Investor Services and Diversified Services divisions of BankOne (1990-1995); head of Institutional Trust at Norwest Capital Management (1987-1990); and multiple positions, including CEO of Diner's Club, Germany for Citigroup (1975-1987). Mr. Walsh currently serves on the Board of Directors of Staples, Inc. He holds a BS in Engineering from Tufts University and an MBA with honors from Boston University. Profile
TWST: Could you start out with a brief historical sketch of eFunds and a

picture what you're doing at the present time?

Mr. Walsh: For more than 30 years, eFunds has been a major player in