Metavante - Board of Directors

Board of Directors

The board of directors of the new company is expected to have 11 members:

• Dennis Kuester, chairman and CEO, Marshall & Ilsley Corporation
• Frank Martire, president and CEO, Metavante Corporation
• Mike Hayford, senior executive vice president and chief operating officer, Metavante Corporation
• David Coulter, a Warburg Pincus managing director who heads the firm's Financial Services practice
• James Neary, a Warburg Pincus managing director and co-head of the firm's Technology, Media, and Telecommunications practice

An additional Warburg Pincus representative to be named, as well as five independent directors, one of whom is expected to be Ted Kellner, chairman of the board and CEO, Fiduciary Management, Inc. and a member of the Marshall & Ilsley Corporation board of directors.

On October 25, 2007, shareholders of Marshall & Ilsley Corp. approved a plan to spin off Metavante Corp. into a separate publicly held company.

M&I management said that 75pc of M&I's outstanding shares voted in favor of the spin-off, which was completed November 1, 2007. The holding company for the new Metavante Corp. will be called Metavante Technologies Inc.

Company officials have said that splitting up the companies will allow the two firms to independently pursue growth.