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Senior Management

Seth Asofsky, Chief Financial Officer —  Seth Asofsky is a former investment and corporate banker with 18 years of experience in originating and executing public and private equity, merger and acquisition, debt and structured finance transactions. Prior to his appointment as the Company’s CFO in 2003, Mr. Asofsky led the business process services investment banking practice at ThinkEquity Partners. Prior to ThinkEquity Partners, Mr. Asofsky was a Vice President with SG Cowen’s Technology Investment Banking Group where he helped to found the technology services practice.

Peter Benford, Director of Operations, Europe — Peter Benford has over 25 years experience in the European card payment industry. Prior to joining Planet Payment, Mr. Benford served as CTO of Servebase Global Card Solutions and held senior management positions with RBS Streamline.

Grace A. deFries, Director, Mobile Sevices — Grace deFries has 10 years of broad based sales, marketing, and business development experience in the telecommunications industry. She has worked at AT&T Solutions in a variety of sales roles and, most recently, at Global Crossing as Director, Global Enterprise & Collaboration Services Sales Operations. Ms. deFries spent more than 10 years with the Office of the Mayor for the City of New York and was Assistant to the Mayor for Finance and Administrative Management from 1990 to 1994.

Thomas DeLuca, SVP Corporate Development — Thomas DeLuca worked in the legal department of American Express prior to joining Planet Payment in 1999. At American Express, Mr.DeLuca advised on broader electronic commerce matters, consumer privacy, and marketing. From 2000 into 2002, Mr. DeLuca served as Chairman of the International Development Committee for the Electronic Transactions Association, a payment industry trade group.

Jonathan Ellis, Managing Director, Europe — Jonathan Ellis has over 20 years experience in the European restaurant and hospitality industry, with particular emphasis on sales management and strategic development. Mr.Ellis was previously Managing Director of the restaurant group Prezzo PLC and received his HND in Hotel and Catering Administration at Westminster Hotel School.

Kieth Flaherty, SVP Project Management and ImplementationKeith Flaherty has over 23 years experience in banking and Information System with 18 of those being directly in the Electronic Payments area. Mr. Flaherty has held various senior positions including being responsible for The Bank of Bermuda’s Retail-EFT ATM/POS environment and being part of the team that implemented the first regional Debit switch in Saudi Arabia. As CTO for First Ecommerce Data Services, Mr. Flaherty was responsible for the processing platforms that were one of the very first to gain full eCommerce multi-currency certification.

Duncan A. Fraser III, VP Deputy General Counsel of Human Resources — Duncan Fraser was Director H.R., Americas for Factiva, a Dow Jones & Reuters Co. Prior to that Mr. Fraser was an Employee Relations Mananger with Dow Jones & Co. Mr. Fraser is also an attorney with extensive commercial and employment litigation experience, having served as the head of European American Bank's litigation department for more than 8 years

Melissa Jones, VP Sales And Relationship Managment, North America
— Melissa Jones joined the Company at its inception in 1999 and has worked in various sales, business development, and relationship management roles for the US and Canada. Ms. Jones is also a recognized speaker on multi-currency processing within the US credit card industry.

Alan Lubitz, SVP Chief Information Officer — Alan Lubitz  is responsible for payment processing operations, including integrations to Acquirers, processors, and gateways. Mr. Lubitz has over 25 years of experience in the sale and support of credit card payment infrastructure and point-of-sale systems. He has held senior positions at Paymentech, TermNet Merchant Services, National Card Processing Systems, and Chase Merchant Services LLC. 

Victor R Marotta, SVP Risk and Compliance
— Victor Marotta, a NYS licensed CPA, has over 25 years experience in accounting, auditing, and credit/risk management. Mr. Marotta was previously Director of Corporate Credit/Risk Management for First Data Corporation.

Vish Ramakrishnan, SVP Research and Development — Vish Ramakrishnan has over 18 years of experience in software product development with 9 years in information systems. Prior to Planet Payment, Mr. Ramakrishnan was VP of Systems Design at Innovius Inc and EBalance.

Marc Reiser, Chief Marketing Officer — Marc Reiser has 20 years experience in marketing and product management within the financial services industry, with positions at Solomon Brothers, Merill Lynch and most recently the head of marketing at Depository Trust & Clearing Corporation. 

Frank Sabatino, SVP Information Technology, iPAY — Frank Sabatino has over 20 years of experience in information technology managment and payment processing. Previously, Mr. Sabatino worked for Pay By Touch Payment Solutions as a member of the senior business and technology management team.

Henry Tan, Director Operations, Asia Pacific — Henry Tan has 27 years of experience in the IT industry. Mr.Tan joined Planet Payment from the Singapore regional office of Visa International, and worked at American Express for 12 years in a variety of roles in New York, Europe and Central/South America, as well as regional head of the Asian Systems Group. Additionally, he served in the Singapore office of EDS and as Citigroup’s South Asia Head, Technology Infrastructure.

Raymond Tang, General Manager, Greater China
— Raymond Tang has over 30 years of experience in the merchant payment processing industry in Greater China. Mr. Tang was previously Senior Manager, Merchant Services for Standard Chartered Bank, Hong Kong and held senior roles with American Express.

Paul Whittle, SVP Global Terminal Product Manager — Paul Whittle founded Whittle Transaction Group, which was acquired by Planet Payment in 2005 after developing the Company’s “Planetswitch” technology. Mr. Whittle is responsible for the Company’s Planet Technology Services (‘‘PTS’’) division, which provides POS terminal development services to processors, retailers, and government agencies. He was formerly SVP with POS Systems Development at Hypercom Corporation, where he worked from 1988 to 2003.  

Slim Zouaoui, SVP Infrastructure and Security — Slim Zouaoui (read Sleem Zoo-ah-wee), is in charge of the design and implementation of the complex world wide infrastructure of Planet Payment, making sure that all designed solutions provide the highest possible service level agreement(SLA) in the market with a huge emphasis on the security aspect and maximizing the return on investment(ROI). Prior to joining the Group in early 2003, Mr Zouaoui was responsible for Security with a third party processor in Europe and Tunisia.