Sage Software - Payment Solutions
Electronic Payment Processing
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Senior Management Team

Bob Bennett, President

Mr. Bennett serves as President of Sage Payment Solutions. He was most recently chief operating officer, and was president of Verus Card Services prior to the acquisition of Verus Financial Management, Inc. by Sage Software in February 2006. Bob joined the Sage Payment Solutions team in December of 2001. Under his guidance, the company has enjoyed rapid, sustained growth, stable systems and strong partner relationships.

Prior to joining Verus, he was President of MIC, Inc. a leading systems integration company based in Arlington, VA. Before MIC, Bennett was the founder and CEO of MicroFridge, Inc., an Inc. 500 award-winning, business-to-business entity with primary markets of College, Military, Hospitality and Senior living environments.

Bennett holds two US patents, received his Masters degree in Engineering from Northeastern University and his Bachelors degree in Applied Mathematics from the University of Maine, Orono. In 1993, he completed the Harvard Business School OPM program.

Christian Fadel, CFO

Mr. Fadel serves as Chief Financial Officer of Sage Payment Solutions. He was most recently Senior Vice President of Finance beginning July 2002. Prior to joining Sage, Mr. Fadel was Chief Financial Officer of Network 1 Financial Corporation, a provider of end-to-end payment solutions for e-commerce, retail, and wholesale businesses.

Prior to joining Network 1, Mr. Fadel was the Chief Financial Officer of Genoyer Group, Inc., the U.S. division of an international oil and gas trading company, which was sold to The Carlyle Group in 1999. Mr. Fadel also served as a Controller for United Media Corporation, a printing and graphics company that provides outsourced services to large corporations, such as MCI and Sprint.

Mr. Fadel is a CPA, received his Masters degree in Business from Georgetown University and his Bachelors degree in Accounting from Stephen F. Austin State University.

Matt Clyne, SVP, Sales

Matt Clyne has served as Sage Payment Solutions’ Senior Vice President of Sales since May 2006. Prior to joining Sage, Mr. Clyne was General Manager of U.S. Sales for Optimal Payments, a provider of mainstream payment processing services. Prior to joining Optimal Payments, Mr. Clyne held various positions at TeleCheck, a division of First Data Corporation. Mr. Clyne was formerly a principal in an Independent Sales Organization selling to small and medium sized merchants.

Mr. Clyne serves on the advisory board to the ISO and Agent trade publication and has been published regularly in industry trade journals. He speaks frequently at industry trade events. Mr. Clyne has a US patent pending for business processes related to funds sufficiency verification for ACH transactions. He received an undergraduate degree from the University of Massachusetts and received an Executive Masters of Business Administration degree from Bauer College at the University of Houston in 2002.

Craig D. Shapero, SVP, Sales

Craig Shapero, Senior Vice President of Sales, has been with Sage Payment Solutions, formerly Verus and NET1, since 1996. Prior to the acquisition of Verus Financial Management by Sage Software, Craig was a founding executive in an Acquiring company in Dallas, Texas. His experience includes the development of a national sales force, and implementing company policies and procedures to ensure cost-effective and customer-friendly service. Prior to his work in the electronic payment industry, Craig was a broker with Paine Webber and an accountant with Halliburton Oil. Craig joined Sage Payment Solutions with responsibilities for product development and channel distribution and he helped develop and manage Sage Payment Solution's foray into e-commerce with its’ EFTSecure and Gateway products. Craig manages a National Account initiative to expand the Company's presence with large software and processing partners. Craig received his BS in Business Administration from the University of Connecticut.

John M. Morabito, SVP, Information Technology

Prior to joining Sage Payment Solutions, John was a professional baseball player with the Chicago White Sox. After a career ending injury, John began his business career in mortgage banking. He then joined Sage Payment Solutions in 1991 in a sales role. This eventually turned into an operations role as the business began to grow. After several years, he became responsible for overseeing development of the company’s crucial information technology infrastructure. Currently, John is the Senior Vice President of Information Technology for Sage Payment Solutions, managing the company’s Database, Security, Network, Telecom, and Software Development teams. John received his BS in Sociology from Wake Forest University. John and his wife Maria have three children.

Christine Scappa, SVP, Operations

Chris joined Sage Payment Solutions in February 2000. Prior to this position, she managed an independent Bankcard sales office with a primary focus on Internet Electronic Commerce solutions. Chris also brings a background in Telecommunications with 2 years as the Director of Agent Relations and 2 years as Director of Billing Operations.

At Sage Payment Solutions, Chris currently oversees all phases of the daily management of our growing merchant portfolio including Customer Support, Sales Partner Support, Underwriting, Risk Management, Project Management and Compliance and Quality Assurance and Training. Chris has held several positions of escalating responsibility including Relationship Manager from 2000 until 2001, Director of Client Services from 2002-2004, Vice President of Client Services/Operations from 2004-2007, and Senior Vice President Operations from 2007-present. During her 8 years at Sage, Chris has played a key role in helping the company evolve into the industry leader that it is today.

Richard Camardo, GM & SVP, FI Group

Rick Camardo serves as the General Manager and Senior Vice President of the Financial Institutions Group of Sage Payment Solutions. With over twenty-five years in the credit card industry, Rick’s experiences have ranged from managing the merchant services department of several of Society Bank’s (Key Bank) largest Ohio markets to being owner and president of his own merchant services sales organizations, Retail Systems Consulting and Community Card Services. In addition, Rick was a Vice President at NOVA Information Systems, overseeing its national Community Bank sales channel. Rick’s knowledge of pricing, product, and sales techniques has contributed to his success and recognition by the industry, the banking community, and merchants as a professional and valued business partner. Rick received his degree in Advertising & Public Relations from Youngstown State University.

 
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