EBIX, INC. (NASDAQ:EBIX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers: Election of Directors: Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.

On December 30, 2016, the Board of Directors of Ebix, Inc. appointed Sean T. Donaghy as the Company’s Chief Financial Officer effective January 3, 2017. Mr. Donaghy, age 51, joined Ebix on September 15, 2006 as a Controller and in April 2014 he was named Chief Accounting Officer. Mr. Donaghy has over 26 years of accounting experience, including 21 years in a management capacity and 16 years of financial reporting for public software companies.

Robert Kerris, who has been the Company’s Chief Financial Officer since October 2007, has been appointed to the position of EVP-Corporate Officer of Mergers & Acquisitions and Special Projects.

About EBIX, INC. (NASDAQ:EBIX)

Ebix, Inc. (Ebix) is a supplier of software and e-commerce solutions to the insurance industry. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. Ebix conducts its operations through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix designs and deploys back-end systems for P&C insurance brokers across the world. Ebix also designs and deploys on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing project management, time and material consulting to clients across the world, and claims adjudication/settlement services.

EBIX, INC. (NASDAQ:EBIX) Recent Trading Information

EBIX, INC. (NASDAQ:EBIX) closed its last trading session up +0.55 at 58.30 with 176,219 shares trading hands.