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• Global Tech Founder, Chairman/CEO with domain expertise in FinTech, SaaS, IoT, Consumer Products.• Built company from $0 to 185 million revenues, driving 40 consecutive quarters of year-over-year growth, with a peak market cap of $1B.• Developed Fortune 50 clients, including The Coca Cola Company, PepsiCo, IBM, Mastercard, Visa, AT&T, Sony, Starbucks, and Verizon.• Partnered on launch of ApplePay, becoming leading provider to Apple to date.• Built partnerships with Android Pay, Apple Pay, Chase, Mastercard, Verizon, Visa, Samsung Pay, IBM, Intel, Oracle and Ingenico.• Launched US’ first ‘scaled’ wireless payment system - reaching over 1 million merchant locations, including mobile and contactless transactions.• Transformed device company into a SaaS company, tripling recurring service ‘SaaS’ revenues.• Led teams to develop 87 active patents.• Led acquisitive and organic growth.• Raised funds for every stage of growth.• Attracted top tier investors: BlackRock, Fidelity, and Wellington.• Held Marketing and Operations executive level positions at PepsiCo acquiring P&L and market strategy experience.• Member of executive committee to develop the “total beverage strategy’ launching PepsiCo beyond carbonated soda.• One of a select number PepsiCo employees to win “Right Side Up Leadership” Award in 1995.
Armada Acquisition Corp I, Ii
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Co-Founder, Chairman, CeoArmada Acquisition Corp I, IiBreckenridge, Co, Us
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Co-Founder, Chairman, CeoArmada Acquisition Corp I Oct 2020 - PresentCo-Founder, Chairman, CEO, Board Member - Fintech, IoT, SaaS
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Chairman And CeoUsa Technologies Inc 2011 - 2019Malvern, Pa, UsUSAT provides wireless networking, cashless transactions, asset monitoring, and other value-added services. USAT is the recognized leader in the unattended payments marketplace, as well as a leader within the IoT cashless small transactions market. $185M Revenues.140 Employees. 20,000 Customers. Over 1.2M connections in the US, Canada, Australia, and Mexico.Promoted by the Board of Directors to assume CEO and later Chairman role. Mission was to turn around the company. Responsible for strategic direction, day to day operations, and the overall performance of USAT. When assumed CEO role, company had $23M in revenues.Built the market leader in wireless and mobile payment of small ticket unattended transactions; built market share greater than all competitors combined. Acquired 20,000 customers and 1.2 million locations accepting wireless, cashless payments. Built largest footprint accepting Apple Pay, Android Pay and other mobile forms of payment.Developed new strategic plan which included fostering an inclusive corporate culture, driving profitability, leading with service, bringing costs down, reorganizing and repurposing the management structure, developing new strategic partners, implementing an acquisitive growth plan, as well as transforming the company’s relationship with investors and restructuring the board. -
Chief Operating OfficerUsa Technologies Inc 1999 - 2011Malvern, Pa, UsPromoted by CEO and Board of Directors to assume responsibility for operations, R&D, finance, human resources, customer service and support, in addition to previous responsibility for marketing and sales. Charter was to utilize proven technology to address unattended retail microtransactions, and to move the company from the development to operating phase. $23M Revenues. Employees: 55. Drove revenues from $1M to $23M.Proved that USAT technology was a viable platform for unattended small ticket cashless transactions allowing the company to prevail within the large unattended retail (vending and other IoT) payments market.Developed commercially viable technology to become first to market and realize the vision of cashless, unattended, small ticket, retail transactions.
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Executive Vice President, Sales And Marketing And DirectorUsa Technologies Inc 1996 - 1999Malvern, Pa, UsKey member of the founding team. Attracted by the opportunity to create a vision, as well as that of the industry, responsibilities of role, and to start-up culture as a whole. Responsibilities included strategy, product definition, target market identification, as well as establishing a market presence, growing market share, and monetizing the technology. Revenues: $0. Employees: 25. Drove $1M in hotel business centers business and forged partnerships that would provide the platform for company to become first to market in unattended cashless transactions.
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Market Strategy Manager And Previous PositionsPepsico 1986 - 1996Purchase, New York, UsPepsiCo, Inc. is an American multinational food, snack, and beverage corporation. Revenues: $21B.Recruited from college campus to assume first professional role. Promoted 5 times within 10 years. Advanced to run $30M P&L at the age of 25. Returned to corporate to assume a market strategy management role. Developed world-wide sales process for all front lines sales in the U.S. and later deployed worldwide. Member of executive committee that launched “Total Beverage Strategy.” One of five employees to win “Right Side Up” leadership award.
Stephen Herbert Skills
Stephen Herbert Education Details
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Louisiana State UniversityInterdisciplinary Studies
Frequently Asked Questions about Stephen Herbert
What company does Stephen Herbert work for?
Stephen Herbert works for Armada Acquisition Corp I, Ii
What is Stephen Herbert's role at the current company?
Stephen Herbert's current role is Co-Founder, Chairman, CEO.
What is Stephen Herbert's email address?
Stephen Herbert's email address is sh****@****llc.com
What is Stephen Herbert's direct phone number?
Stephen Herbert's direct phone number is +161098*****
What schools did Stephen Herbert attend?
Stephen Herbert attended Louisiana State University.
What skills is Stephen Herbert known for?
Stephen Herbert has skills like Strategic Partnerships, Leadership, Strategic Planning, Start Ups, Marketing Strategy, Strategy, New Business Development, Product Management, Business Development, Executive Management, Competitive Analysis, Management.
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