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Ben Barone is a Founder - Progressive Payments Advisors, LLC at PROGRESSIVE PAYMENTS ADVISORS, LLC.
Progressive Payments Advisors, Llc
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Consultant/FounderProgressive Payments Advisors, Llc Jan 2009 - PresentFounded a management consulting company focused on providing best in class Payments advisory services to retail merchants. The company specializes in providing medium to large retailers with advisory services to optimize payments of all types to maximize growth and profitability for their business. PPA also provides research, benchmark studies, and developing trends in the payments space.
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Evp, Business Development & Client ServicesThe Kessler Group Feb 2011 - Feb 2012Boston, MaBen Barone worked with Kessler in 2011 to develop an advisory practice focused on helping retailers and their financial services partners optimize financial products, services and relationships in their respective businesses.
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President/CeoRbs Worldpay 2007 - 2009Directed strategic planning/business development with full P&L responsibility for end-to-end US based merchant/transaction processing/acquiring business. Led 1300 colleagues, including 400+sales, customer relationship team, with 11 direct reports.Expanded sales channels to market adding National Merchant and Indirect Sales strategies/teams.Increased processing volume 166% from $27 billion to $72 billion.Increased transaction volume 233% from 523 million to 1.75 billion.Grew Net Revenue 54% from $147 million to $269 million.Improved Pre-tax profit by 51% from $63 million to $95 million.Led business to become Top 10 Acquirer in the US according to Nilsson Report annual rankings.
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Executive Vice-President Retail DirectRbs/Citizens Bank 2006 - 2009Full P&L leadership of four strategic bank business lines - RBSLynk (merchant processing), Citizens Bank Debit/ATM, RBS National Bank (credit card issuing), and Kroger/RBS Personal Finance (joint venture partnership). Managed five direct reports with over 800 colleagues.Enabled growth while controlling costs through innovative organizational design; negotiating new vendor relationships; and product innovation.Grew total revenues 32% from $579 million to $767 million.Grew PTP 70% from $145 million to $245 million.Initiated and negotiated new debit card processing outsourcing that generated over $230 million in savings.
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Vice-President Credit ServicesThe Home Depot Jan 1996 - Jan 2006Provided leadership for the growth & development of all facets of Home Depot's cards payments programs and relationships, including Private Label and Co-branded credit programs, Visa, MasterCard, AMEX, Discover, debit and acquiring/processing networks relationships and pricing. Developed 50+ member high performing team with seven direct reports. Managed over 300 marketing programs annually with a 50+ member team and 2500 associates in six sites.Grew Home Depot "Private Label" credit sales from $900 million to $17 billion, from 6% to 24% of total sales (35% CAGR).Grew customer base from 2.2 million to over 16 million consumer and commercial customers.Negotiated contracts/agreements that generated over $4 billion in pretax value.Developed innovative commercial customer and prospects databases.Developed new financial products/services that drove same store sales, i.e., Home Improvement Loan, Co-brand Rewards MasterCard, Construction Loan partnership.Created a unique industry leading management partnership with CitiBank to manage private label and co-brand programs jointly. -
Vice-President MarketingThe Limited, Inc./Limited Credit Services Jan 1987 - Jan 1996Created and developed a marketing organization that served all Limited Corporation operating divisions (Limited, Express, Abercrombie & Finch, Victoria's Secret, Lerner, Lane Bryant, Victoria's Secret Catalog, Lane Bryant Direct, Roaman's, Lerner Direct, Henri Bendel). Developed and executed of credit/direct marketing plans/programs for all operating divisions. Directed strategic planning, budget and expense management/control, business growth - new customer acquisition and new product development.Developed and installed MIS systems that supported Marketing/Operations.Increased growth customer base from 5 million to 20 million.Grew of credit sales from $350 million to $2.0 billion.Developed and strategically implemented a 30 million customer marketing database across fourteen Limited operating divisions.Developed and rolled out nine new private label credit card programs for the Limited Corporation.Created and development of a marketing organization/team from inception that supported customer needs and expectations.Created/developed several innovative, leading edge products and services that supported the mission/vision/growth of organization.Developed and implemented a customer marketing database system/strategy for The Limited Corporation
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Director Sales PromotionPayless Cashways, Inc Jan 1984 - Jan 1987
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Corporate Finance Sales ManagerLowe'S Companies, Inc Jan 1981 - Jan 1984
Ben Barone Education Details
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History
Frequently Asked Questions about Ben Barone
What company does Ben Barone work for?
Ben Barone works for Progressive Payments Advisors, Llc
What is Ben Barone's role at the current company?
Ben Barone's current role is Founder - Progressive Payments Advisors, LLC.
What is Ben Barone's email address?
Ben Barone's email address is be****@****ank.com
What is Ben Barone's direct phone number?
Ben Barone's direct phone number is +141729*****
What schools did Ben Barone attend?
Ben Barone attended George Mason University.
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Ben Barone
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