Different by design

In 2004, Q2 founder R.H. Seale III set out to build stronger and more diverse communities by strengthening their financial institutions.

R.H. knew that technology had massive potential to help FIs transform their businesses, but the fragmented, piecemeal approach of early internet banking vendors was only creating more cost and complexity for FIs to manage. How could he and his small group of engineers design a future-proof solution that could help financial institutions compete and grow?

They imagined a platform—a single platform—integrating with all of an FI’s legacy technology.

This decision would mean institutions using Q2’s platform could have one admin console to manage the same experience on mobile, online, and voice banking—and whatever may come next. In 2005, this was a radical idea—but we started there, and since then, Q2 has been designing and delivering software that creates meaningful financial experiences and supports lasting customer relationships.

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Today, one out of 10 digital banking customers in America is using Q2’s single platform to bank.

If that wasn’t enough, over 40% of the country's top 100 banks find the power, flexibility, and performance of the platform to be key to their digital strategy.

It’s amazing to see the power of a clear purpose, creativity, and a willingness to break down technical barriers.

We call it FinX.

We begin with the traditional must-haves of digital banking: feature functionality, operational excellence, and integrations. We add the next-generation of must-haves: data-driven insights, open technology, and a unique approach to problem solving called design thinking.

Data and Security

Understand account holders’ needs and anticipate their actions so that you can better connect with and protect them.

Open Technology

Meet market demands by quickly and easily deploying new products and features with agile API technology.

Design Thinking

Find solutions that address the heart of the problem—not its symptoms.

This FinX philosophy spans everything we do, from product development and platform architecture to how we hire, and more:

Product development

Our product philosophy is “Ask. Understand. Deliver.” We do the work, build the partnerships, and ask the questions. We also reinvest 20% of our annual revenue on R&D and have an industry-unique in-house usability testing facility that ensures we’re delivering the best experiences possible. Put simply, everything we do is in response to your needs and the needs of your customers.

Architecture

Before we came along, no one had conceived of a single-platform banking solution. There were different systems and management consoles for online, voice, and mobile, but Q2 brought everything together into a single core integration. The result is a more-secure, less-cluttered, and highly extensible back office—as well as exceptional, seamless experiences for you and your account holders.

Security

We’ve continually raised the bar on security with an intelligent, multi-layered, scalable, end-to-end suite of native solutions. From pioneering data analytics and machine learning to prevent fraud before it happens, to building a disaster-proof active-active hosting infrastructure and adopting groundbreaking blockchain data security, we never stop looking for ways to keep your account holders and your assets secure. And the threat landscape never stops evolving, so we never stop working.

Data

After breaking new ground with the use of analytics in our security solutions, our data scientists kept going—finding more ways to put your data to work. We developed an intelligent targeting and messaging platform that helps you better understand your account holders—delivering insights in real time to help you provide relevant services to the right account holders at the right times. If data is the new oil, we’re building the refineries to help you turn it into real value.

Innovation

Innovate faster with freedom and flexibility. Design and deploy digital banking experiences that provide unique value to your account holders, build brand loyalty, and create new revenue streams.

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We’re stronger together

At every level, Q2 works to strengthen communities. Our teams invest resources, time, and passion into causes that matter. Q2 employees support dozens of wide-reaching organizations, such as Black Girls CodeCode2College, and YearUp, promoting the success of people of color in technology. Other deserving beneficiaries include Resource Center benefitting LGBTQ communities, JDRF, and Hire Heroes USA, a group assisting U.S. military veterans in finding new careers. As a global company, Q2’s charitable reach crosses borders, supporting organizations like International Relief Teams, which works to alleviate the suffering caused by poverty and disaster, and HelpAge India, dedicated to working with and for disadvantaged elderly. In 2020, Q2’s internship program adopted a community service component, underscoring our ever-growing commitment to the communities we call home.

Culture

Building something different and special takes people. We believe in finding and developing the best talent everywhere. Even our M&A strategy reflects a commitment to people: we don’t acquire businesses or products, we seek out amazing, like-minded people with game-changing ideas and deep expertise. And we believe our talent is an extension of yours: not every regional or community financial institution can acquire top development talent, which is why we make it a priority to do so in key talent hubs across the globe.

Our Leadership

Matt Flake

Chief Executive Officer

A visionary leader known by Q2 team members and customers alike for his authentic, engaging, and quick-witted communications style, Matt is committed to Q2’s mission to build stronger communities by strengthening their financial institutions. He values direct engagement with customers and prospects and leverages his inquisitive nature to uncover innovative ways to improve the Q2 organization.

Matt has made significant contributions to Q2’s growth, strategic direction, and mission-driven culture. He was instrumental in driving Q2’s growth from a startup to a publicly-traded company with a global workforce, more than a thousand financial institutions across the globe, and a market capitalization exceeding $4 billion.

He is a veteran of the financial services industry with more than 20 years of professional experience, 15 of those years with Q2. In addition to his role as CEO, Matt serves on the Q2 Board of Directors.

A graduate of Baylor University, Matt is a recipient of the esteemed EY Entrepreneur Of The Year® Award and was also recognized as a National Finalist. He is currently a member of Dell Children’s Hospital Board of Trustees and serves on the board of directors of payment solutions company AffiniPay.

Kirk Coleman

President

As President, Kirk Coleman leads day-to-day operations, including marketing, sales, product, engineering, hosting, infrastructure, delivery and support. He is responsible for executing on Q2’s strategy to meet increasing customer demand for Q2’s comprehensive digital banking and lending solutions. 

Prior to joining Q2, Coleman founded Centerline Advisors in July 2020 with the mission of helping mid-sized financial institutions and fintechs develop actionable strategies. Previously, he served as a senior executive with Texas Capital Bank for five years, responsible for Service, Operations, Technology, and Strategic Planning. Coleman also had a successful 20-year career at Accenture where he served as Managing Director (Partner), devoting the majority of his time to developing and managing banking clients. In addition to his client responsibilities, Coleman worked across multiple specialties, including Core Banking and Front Office transformation (Marketing, Sales and Service), holding several leadership roles within the North America Banking practice and the Dallas office.

Coleman earned a degree in Economics from Baylor University where he served on the Advisory Board of the Hankamer School of Business and is an investor with the Baylor Angel Network. Coleman also served on the Information Technology and Operations Management Advisory Board at Southern Methodist University and currently serves on the advisory board for the Mid-Size Bank Coalition of America.

DAVID MEHOK

Chief Financial Officer

As Q2’s chief financial officer (CFO), David Mehok oversees all aspects of global financial operations, including supporting and enhancing Q2’s growth initiatives and planning. David has more than 20 years of financial management experience, bringing an extensive background in global corporate finance, financial planning and analysis, investor relations, strategic planning, mergers and acquisitions, financial accounting, and operations to his role at Q2.

David joins Q2 from Epicor Software Corporation, where he served as CFO, leading global finance, accounting, IT, operations, and legal organizations from January 2018 until September 2020. Before his time at Epicor, David served as CFO at CLEAResult Consulting, Inc., the largest provider of energy efficiency programs and services in North America. David also served in a variety of finance roles during 18 years with Dell, Inc., including divisional CFO/controller over U.S. Preferred Accounts for Dell Canada, one of Dell’s largest customer segments, and investor relations officer.

David holds a bachelor’s degree in accounting from Villanova University and an M.B.A. in finance from the University of Texas at Austin.

KIM RUTLEDGE

Chief People Officer

For more than 20 years, Kim has cultivated a broad range of professional experience. At Q2, she serves as the Chief People Officer, where she leads the human resources and corporate services organizations with a focus on enabling growth, development, and experiences for Q2’s mission-driven teams.

Kim’s human resources experience spans an array of industries, geographies, and company sizes, with an emphasis on creating, building, and restructuring organizations through intense business change and growth. Prior to being named Chief People Officer, Kim served as Q2’s executive vice president, people and senior vice president of human resources. Before joining Q2, Kim served as vice president, talent at SunPower, a global provider of residential and commercial solar energy solutions where she also held leadership roles in a variety of human resources functions, notably in culture transformation, talent management, talent acquisition, and business partnership. Kim has also held leadership roles in human resources and talent acquisition at companies including Dell, The Home Depot, and AutoTrader.com.

Kim holds a Bachelor of Science degree from Texas Tech University and lives in Austin, Texas, with her family.

ADAM BLUE

Chief Technology Officer

His conviction that technology can and will change the lives of people, businesses, and financial institutions everywhere sets Adam apart from other chief technical officers. He pours himself into developing talented, curious, and creative self-starters willing to tackle technology in new ways. Adam creates and coordinates Q2’s technology strategy while supporting the teams responsible for customer satisfaction and technology innovation.

Adam brings years of technology and software management expertise to Q2, including his management role at CipherTrust, the leading provider of enterprise class email security solutions, where he was the vice president responsible for product development, customer support, and professional services. Adam also made distinct contributions to Q UP Systems and Servana.com as vice president of internet operations, and was the chief network engineer for Harte-Hanks Response Management.

Adam holds a Bachelor of Science in economics from Indiana University and has completed graduate work in computational economics at the University of Texas at Austin.

JONATHAN PRICE

EVP, Strategy & Emerging Businesses

With a strong passion for the market, Jonathan helps drive the rapidly emerging fintech ecosystem to Q2’s financial institution customers. He is responsible for leading Q2’s M&A and Partnership activity as well as the Q2 Helix and Q2 Innovation Studio organizations.

Jonathan is a fourteen-year investment banking veteran who specializes in uncovering investment opportunities in the financial software space. He previously served in the Technology & Business Services Investment Banking group at BMO Capital Markets, where he advised Vertical Software and Financial Technology companies on strategic opportunities and funding alternatives. Before BMO, he spent time between Goldman Sachs and Citi.

Jonathan holds an HBA from the Richard Ivey School of Business.

Himagiri Mukkamala

Chief Development Officer

As the Chief Development Officer, Himagiri Mukkamala leads the product engineering teams and has responsibility for balancing innovation, quality and speed in pursuit of building the best digital experiences for Q2’s financial institution customers and their accountholders. 

A seasoned engineering leader, Mukkamala brings more than 25 years of leadership experience in enterprise technology, serving as general manager of Penguin Edge (part of Penguin Solutions) and CEO of Pelion, an Arm company. His prior work in securely connecting and managing IoT (Internet of Things) devices and bringing order to boundless streams of physical and digital data is particularly relevant to today’s digital banking landscape.  Previously, Mukkamala also held senior leadership roles at Arm, GE Digital, Raaga Corp and Sybase. 

Mukkamala holds a bachelor’s degree in computer science and engineering from Jawaharlal Nehru Technological University, a master’s degree in computer science from Iowa State University and completed courses in Management Science from Stanford Center for Professional Development. 

JOHN BREEDEN

Chief Operating Officer

With a passion for data driven performance, John leads through providing keen insights derived from analysis and technology operations experience. As chief operating officer (COO), John is responsible for leading initiatives to accelerate growth and scalability for new solutions and business verticals. John’s leadership has contributed substantially to our scale, our talent, and our integration of key new businesses and technology.

Prior to joining Q2, John served in multiple roles where he delivered similar continuous improvement efforts while developing consistent and scalable processes and environments. Most recently, he served as vice president of corporate services for Activant Solutions where he was responsible for driving maturity and scalability related to IT and supply chain functions as the company doubled in size to over $400 million. Prior to that, John served in multiple consulting positions primarily focused on enterprise software delivery and process optimization.

John received a BBA in finance from the University of Texas at Austin.

MIKE VOLANOSKI

Chief Revenue Officer

Mike Volanoski is a proven sales leader with a successful track record of driving sustainable top-line growth. Mike has a passion for growing strong cultures and meeting customer needs with market-leading solutions. At Q2, Mike leads the North America sales organization as the chief revenue officer. In this role, he is responsible for driving new customer acquisition and helping current clients maximize the value derived from Q2’s industry-leading digital transformation solution. He will work closely with organizations across the company to provide solutions to continue meeting current and future customer needs and market demand.

Mike brings more than 25 years of senior leadership experience in enterprise technology and banking industries. Prior to joining Q2, he served as general manager of Microsoft’s Retail and Consumer Goods Commercial Operating Unit and chief revenue officer at Market Logic Software. He also had a successful 19-year career at SAP where he led Global and National field organizations as senior vice president of Sales, Services and Operations, with his most recent role being chief operating officer of SAP’s Customer Success and Cloud Services. While at SAP, Mike was recognized as one of the only general managers to achieve a Leadership Trust Score of 100 percent. In addition, Mike held executive vice president roles at JPMorgan Chase and Citigroup where his focus was procuring, implementing and operating next-generation technology platforms that enabled new business capabilities and routes to market.

Mike holds a Bachelor of Science degree in Engineering and Technical Management from the University of Delaware.

SCOTT KERR

Senior Vice President, General Counsel

As Q2’s Senior Vice President, General Counsel and Corporate Secretary, Scott Kerr oversees the company’s global Legal function, including corporate governance, commercial and corporate transactions, intellectual property, securities compliance, data privacy, and disputes.

Previously, Kerr served as Q2’s Senior Vice President, Deputy General Counsel and Vice President, Deputy General Counsel. Prior to joining Q2, Kerr served as Vice President, General Counsel of Convio, Inc., a provider of on-demand constituent engagement solutions, from July 2011 until it was acquired in May 20212 by Blackbaud, Inc., a provider of software solutions to nonprofit organizations and educational institutions. Following Convio’s acquisition, Kerr served as Deputy General Counsel of Blackbaud from May 2012 until September 2013. Kerr served as Assistant General Counsel of Luminex Corporation, a life-sciences company, from April 2008 until July 2011, and as Associate General Counsel of SigmaTel, Inc., a semiconductor company, from May 2005 until it was acquired by Freescale Semiconductor, Inc. in April 2008. Kerr began his legal career as a corporate and securities associate attorney at what is now the Austin office of DLA Piper (formerly known as Gray Cary) from October 2000 until May 2005. Kerr holds a J.D. from the University of Texas at Austin, a Master's degree in Professional Accounting from the University of Texas at Austin, and a B.B.A. in Accounting from the University of Texas at Austin.

Our Board of Directors

R.H. SEALE III

Chairman

R.H. Seale is the Founder and Chairman of Q2. He has experience both as a community banker and as an entrepreneur, building successful software companies that develop innovative financial services solutions as well as provide award-winning customer support.

An industry veteran, R.H. began his career as a loan payments teller for The Bank of the Hills, working his way up to vice president of operations. During that time, he was secretary and treasurer of the Young Bankers Division of the Independent Bankers Association of Texas. Following the acquisition of The Bank of the Hills, he co-founded Dallas-based Regency Voice Systems, a company that introduced voice banking to community banks and evolved into a multimillion-dollar business with more than 1,600 community bank customers.

When Regency was acquired by Transaction Systems Architects, Inc. in 1997, R.H. started Q UP Systems, a provider of technology to more than 700 community banks. He was a nominee and finalist for Ernst and Young’s Entrepreneur of the Year award in 1999. Q UP became part of S1 Corporation in 2000, and R.H. served as the CEO of S1’s Community and Regional Solutions group until 2001.

Passionate about the financial services industry, he spends time creating and refining his vision for providing industry-leading technology solutions, along with superior customer service, to the community bank and credit union marketplace.

R.H. is an active entrepreneur and investor in multiple companies. He is a recipient of the esteemed EY Entrepreneur Of The YearTM 2015 Award in the Central Texas region, an EY Entrepreneur Of The Year National finalist, and a graduate of Texas Tech University.

MATT FLAKE

Chief Executive Officer

A visionary leader known by Q2 team members and customers alike for his authentic, engaging, and quick-witted communications style, Matt is committed to Q2’s mission to build stronger communities by strengthening their financial institutions. He values direct engagement with customers and prospects and leverages his inquisitive nature to uncover innovative ways to improve the Q2 organization.

Matt has made significant contributions to Q2’s growth, strategic direction, and mission-driven culture. He was instrumental in driving Q2’s growth from a startup to a publicly-traded company with a global workforce, more than a thousand financial institutions across the globe, and a market capitalization exceeding $4 billion.

He is a veteran of the financial services industry with more than 20 years of professional experience, 15 of those years with Q2. In addition to his role as CEO, Matt serves on the Q2 Board of Directors.

A graduate of Baylor University, Matt is a recipient of the esteemed EY Entrepreneur Of The Year® Award and was also recognized as a National Finalist. He is currently a member of Dell Children’s Hospital Board of Trustees and serves on the board of directors of payment solutions company AffiniPay.

LYNN ATCHISON

Board Member

R. Lynn Atchison has served as a member of the Q2 Board of Directors since March 2017. Ms. Atchison currently serves as Chief Financial Officer of Spredfast, Inc., a social marketing software provider she joined in February 2017. Ms. Atchison also served as the chief financial officer of HomeAway, Inc., a provider of online vacation rental services, and was chief financial officer of Infoglide Software Corporation, an enterprise software provider. Ms. Atchison has also served as a business consultant for Range Online Media, an Internet marketing firm; chief financial officer and vice president of finance and administration of Hoover’s, Inc., a provider of online business information; and chief financial officer of Travelogix, Inc., a provider of travel ticketing systems software. Before these roles, Ms. Atchison worked as a consultant providing controller functions for software, technology, and non-profit organizations, including Trilogy Development, a provider of sales automation software, and Austin American Technology.

Ms. Atchison holds a B.B.A. in accounting from Stephen F. Austin State University. Her extensive experience managing technology and software companies, and her financial expertise, make her a valuable member of the Q2 Board of Directors.

JEFFREY T. DIEHL

Board Member

As a partner with Adams Street, Jeffrey Diehl invests in venture and growth-oriented companies in the software, IT-enabled business services, and consumer internet and media sectors.

Adams Street Partners is one of the largest managers of private equity for institutional investors. They are an employee-owned private equity firm with the goal of generating exceptional investment returns. Adams Street Partners operates as one cohesive global team, integrating expertise in three disciplines: primary, secondary, and direct investments managing over $22 billion in committed capital for institutional investors.

In addition to serving on the Q2 Board of Directors, Mr. Diehl serves on the boards of directors of ArrowEye Solutions, Paylocity, Peerless Network, SnagAJob, Thought Equity Motion, and WhiteFence. He is a board observer at Spiceworks, Dolex, and MagicJack. Mr. Diehl also a former board member at MxLogic (bought by McAfee) and Stratavia (bought by Hewlett-Packard). He has been involved with Adams Street’s investments in Adams Harris, American Wholesale Insurance, Ancestry.com, BirdsEye, CBeyond, FiftyOne, Gevity HR,Kappa Smurfit, KPG Ventures, Setanta, Scientific Protein Labs, and TicketsNow (bought by Ticketmaster).

Before joining Adams Street in 2000, Mr. Diehl served as a principal for The Parthenon Group, a Boston-based strategy, consulting, and principal investing firm with Bain Consulting roots and worked with Brinson Partners/UBS Global Asset Management.

Jeffrey holds an MBA from Harvard University and a BS from Cornell State University.

STEPHEN C. HOOLEY

Board Member

Stephen C. Hooley joined the Q2 Board of Directors in August 2020. Mr. Hooley serves as a director of Stericycle, Inc., a provider of solutions for regulated medical waste management, secure information destruction, compliance, customer contact, and brand protection. Mr. Hooley previously served as chief executive officer and president of DST Systems, Inc., a service-as-a-solution technology company. Prior to this, he served as chairman of a joint venture between DST Systems and State Street Corporation. Previously, Mr. Hooley served in several executive leadership roles at State Street Corporation. He began his career as an engineer with Texas Instruments. Mr. Hooley recently served on the board of directors for Legg Mason until its recent acquisition by Franklin Templeton and also previously served as director of DST Systems and Boston Financial Data Services. Mr. Hooley holds a degree in mechanical engineering from Worcester Polytechnic Institute.

JIM OFFERDAHL

Board Member

With more than 25 years of experience in the technology industry serving in progressive CXO positions, Jim Offerdahl has a strong record of scaling companies, maximizing revenue growth, driving profitability and strengthening marketplace leadership.

Mr. Offerdahl has an extensive record of leading emerging and innovative companies through periods of high growth. He served as chief financial officer at Convio Inc., where he guided the company through three acquisitions and an initial public offering. During his tenure, the company grew from $9 million in revenue in 2004 to more than $80 million in revenue in 2011, leading to Convio’s acquisition in May 2012 by Blackbaud Inc. Prior to Convio, Mr. Offerdahl was president and chief executive officer of Traq-Wireless, Inc., which followed his roles as chief operating officer and chief financial officer of Pervasive Software, Inc. He also served as chief financial officer and vice president of Administration of Tivoli Systems, Inc., which was acquired by International Business Machines in March 1996.

In addition to serving on the Q2 Board of Directors, Mr. Offerdahl currently serves on the Board of Community New Start, a nonprofit organization dedicated to the transformation of communities by addressing the economic, social, physical, and spiritual needs of individuals and families – one city block at a time. He has also served on the board for the Texas American Cancer Society and was chairman of the board for the Texas chapter of AeA (formerly known as the American Electronics Association).

Mr. Offerdahl has an MBA from The University of Texas at Austin and a BS from Illinois State University.

MARGARET L. “PEGGY” TAYLOR

Board Member

Margaret L. “Peggy” Taylor joined the Q2 Board of Directors in June 2020. Ms. Taylor serves as a director of Rimini Street, Inc., a provider of enterprise software products and services. Since January 2005, Ms. Taylor has served as a private investor and advisor. Before this, she served as president of PeopleSoft Investments, Inc., an investment management and advisory services company and subsidiary of PeopleSoft, Inc., an enterprise software company acquired by Oracle Corporation. While at PeopleSoft, Ms. Taylor also served in the role of senior vice president of corporate operations. Ms. Taylor’s financial services experience includes positions as vice president of trust and investment management at Hibernia Bank and as vice president of organization, planning, and development at Bank of California.

Ms. Taylor has served on the boards of directors for numerous publicly traded corporations, including FICO, formerly Fair Isaac Corporation, a decision analytics company. She has also served and continues to serve as a member of the board of directors of various private companies. Ms. Taylor holds a Bachelor of Arts in communications and psychology from Lone Mountain College of California. She has also completed the Corporate Governance Program at Stanford Business School and the Compensation Committees Program at Harvard Business School.

Ms. Taylor’s extensive experience in the enterprise software and financial services industries and service on boards of directors of various technology companies brings valuable insight to the Q2 Board of Directors and its compensation committee and nominating and corporate governance committee.

LYNN ANTIPAS TYSON

Board Member

Lynn Antipas Tyson joined the Q2 Board of Directors in April 2021. Ms. Tyson serves as the executive director, Investor Relations, Ford Motor Company. In this role, she is responsible for leading all of Ford’s investor relations initiatives, including representing the company to equity and fixed income investors and rating agencies and providing strategic counsel to support value creation and risk mitigation. Ms. Tyson is also a member of the company’s Enterprise Leadership Team.

Ms. Tyson’s career spans over three decades of leadership roles in treasury, international corporate finance, corporate communications and investor relations, serving in senior-level positions at Ford, PepsiCo, Dell and other leading companies. Ms. Tyson’s career includes 14 years of finance and strategic communications experience with PepsiCo, where she ultimately served as senior vice president, Investor Relations, and ten years at Dell, where she led Investor Relations and Global Corporate Communications. Prior to Dell, Ms. Tyson led Investor Relations for YUM! Brands, where she was involved in its spin-off from PepsiCo in 1997.

Ms. Tyson holds a bachelor’s degree in Psychology from the City College of New York and an MBA in finance and international business from the Stern School of Business at New York University. Ms. Tyson is a long-standing member of the National Investor Relations Institute (NIRI), serving as a board member from 2004-2008.

Ms. Tyson brings valuable insight to the Q2 Board of Directors with her extensive experience in corporate finance, strategy, investor relations and strategic communications, including financial disclosures, for companies in a broad range of industries.

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