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Total System Services names subsidiary COO



15 May 2008 @ 04:30 pm EST

TEMPE, Ariz. (AP) - TSYS Acquiring Solutions, a unit of electronic payment processor Total System Services Inc., said Thursday it named David E. Wood chief operating officer.

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Wood worked as a senior executive for Bank of America for 15 years, most recently responsible for merchant services operations in Louisville, Ky.

Shares of Total Systems fell 22 cents to close at $24.99.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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