Profit Management Group, a leader in bank profitability and cost management software, has added two senior vice presidents.
Joseph Prunty, formerly vice president and sales manager at Oracle Corp., has become PMG's senior vice president of sales. Frank Donny, who had been senior marketing executive and an executive committee member of Sanchez Computer Associates, is PMG's senior vice president of marketing.
Mr. Prunty has spent 19 years in, and selling to, the banking industry, having worked for SAP America, Dodge Group, Bankers Trust Corp., Salomon Brothers, and Security Pacific Corp.
Mr. Donny has more than 12 years of marketing experience, including management jobs at Zenith Data Systems and Procter & Gamble.
"The fact that such high-caliber executives have recognized the advantageous position of our company and have chosen to come on board is a true testament to our strength in the marketplace," said Gregory J. Nolan, president and chief executive officer of PMG, which doubled its revenue in the past year.
Its software licensees include First Union Corp., Fleet Financial Group, PNC Bank Corp., Canadian Imperial Bank of Commerce, and Bank of Ireland.