Frank Martire has been named chairman of the board of Milwaukee-based Metavante Technologies, the Milwaukee-based provider of banking and payments technologies. Michael Hayford has been appointed president and chief operating officer for the firm. Both actions, effective November 1, 2008, are part of the board's established management succession plan.
Martire joined Metavante in January 2003 as president of its financial services group. He was named president and chief executive officer in March 2003. Hayford joined Metavante in 1992 as head of operations. He has served as senior executive vice president and chief operating officer of Metavante since May 2006.
Both executives have served as directors of Metavante Technologies, Inc. since its separation from Marshall & Ilsley Corporation on Nov. 1, 2007. Dennis Kuester, who has served as chairman since the company's Nov. 1, 2007 separation from M&I, will continue to serve as a director.