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Executive Team

The following individuals make up the executive structure of U.S. Merchant Systems.

 

Stuart Rosenbaum

Stuart Rosenbaum
Co-Founder, Chairman of the Board & CEO


In 1992, Mr. Rosenbaum combined his 18 years of sales and marketing expertise with 3 years of credit and financial management to co-found MerchantSystems.com. He held the position of VP of Sales until 1994 when he assumed the role of the Chairman and CEO. Mr. Rosenbaum has successfully expanded the company from a start-up operation using only $1,000 start-up capital to a firm employing over 50 employees. His business development and strategic alliance strategies have produced $15,600,000 in sales in 1999, earning it a spot in the transaction processing industry’s top tier of new account acquiring independent sales organizations. In 1999, Mr. Rosenbaum co-founded WCN/FreeSiteNow on behalf of MerchantSystems.com. Mr. Rosenbaum also co-founded IntelliPAY in 1995 and he served as its Chairman of the Board until it was recently acquired in a stock for stock transaction. From 1988 to 1990, Mr. Rosenbaum owned and operated Dealer Accessory Service/Auto Electronics Group, which he also founded. In addition, he sat on the Board of Directors of the American Home Business Association. Mr. Rosenbaum studied economics, mathematics and history at Temple University and Stockton State University.

Matt Nern

Matt Nern
President


Matt Nern joined the USMS team in October 2006, as SVP, Sales and Marketing.  Matt Nern brings with him over 13 years of sales, management, training and consulting experience.  Matt most recently spent the past few years as VP of Sales overseeing CrossCheck Inc’s. Los Angeles Operations.  Mr. Nern’s enthusiasm for success is infectious.  He has authored numerous business plans and thoroughly enjoys helping others make money.  Mr. Nern studied Economics at Sonoma State University and is sales certified in a number of areas.  In his spare time, he enjoys climbing mountains and spending time with his family.


Ted Lasch Ted Lasch
Senior Vice President of Sales


Ted Lasch joined the USMS team in March of 2007, as Vice President, Sales/Business Development. Lasch brings with him over 13 years of sales, management, and recruiting experience. Ted most recently spent the past two years at Alpha Card Services as National Sales Manager. Before that he was VP of Business Development for CrossCheck, Inc., and also held an Assistant VP position at Wells Fargo Bank. Mr. Lasch’s primary responsibilities for USMS are recruiting new Agents and managing Agent sales. Ted studied Business Management at Sonoma State University where he also excelled on the football field. In his spare time, he enjoys travel, music and is an avid sports enthusiast.

 

Jeffrey W. Gardiner
CFO


Mr. Gardiner joined U.S. Merchant Systems as Chief Financial Officer in 2000. Mr. Gardiner was the CEO and a Director of Burlingame Bank & Trust where he led the bank through its critical start-up period resulting in growth and profitability far above the industry norm. Mr. Gardiner also served as Managing Director of Capitol Bay Securities where he supervised investment banking, including underwriting and financial analysis. His duties at U.S. Merchant Systems include Finance, Accounting and HR.  Mr. Gardiner has a B.S. from the University of California and a MBA from the University of Santa Clara.

Richard L. Fenn II
CIO


Mr. Fenn joined U.S. Merchant Systems in 1992. His principal responsibilities include technology integration as well as oversight of all Management Information Systems. He and his team are responsible for the IT, ERP, CRM implementation and development.  Mr. Fenn has a B.S. in Biochemistry from Pacific Union College and attended law school at Peninsula University.

 

JJ

John "JJ" Kieley
Executive Vice President, Chief Technical and Legal Officer


JJ came on board as Executive Vice President, Chief Technical and Legal Officer in July 2007. Before joining the USMS team, he spent the last 14 years working for an industry leading payment processing company where he held numerous executive management positions including, Vice President of Information Services, Collections, Legal Affairs, Risk Management and two separate Sales channels. His goals for USMS are to work with the team to drive the implementation of industry best operations and service practices. JJ holds a BA in Political Science (Pre-Law) from Sonoma State University and a Paralegal degree and certificate from Sonoma State. In his spare time he enjoys running, playing soccer and golf, computers and spending time with his wife and two children.

   


 
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