Tech bytes: Meca Makes Key Hires In Technology, Sales

FAIRFIELD, Conn. - Meca Software Inc. has made two additions to its management team, appointing a new chief technology officer and a vice president of sales.

Meca tapped Jon R. Lowell - most recently the president of his own consulting firm, the Rosetta Group of White Plains, N.Y. - to fill the company's top technology slot. In his new role, Mr. Lowell will head Meca's research and advanced technology efforts, test new products and services, and help develop partnerships with financial institutions and other technology companies.

Before founding the Rosetta Group, Mr. Lowell handled a variety of positions in development and advanced technology at International Business Machines Corp. There, he oversaw projects on image processing, computer conferencing, workstation development, and consumer electronic-based products.

Thomas J. Ponosuk, formerly vice president of sales and marketing for Braun, Simmons & Co., assumed the same title with Meca last month. He will be the company's vice president for sales.

A veteran of Chemical Banking Corp. and the Prodigy on-line service, Mr. Ponosuk will market Meca's services to financial institutions. He will also seek out banks that are interested in joining BankAmerica Corp. and NationsBank Corp. as investors in Meca.

"There is no doubt that as vice president of sales, Mr. Ponosuk will encourage more institutions to hear Meca's message," said Paul Harrison, the company's president and chief executive.

Meca appears to be beefing up its top ranks. In recent weeks, the company has also hired a chief financial officer.

Meca makes Managing Your Money, a brand of personal finance software that competes with Intuit Inc.'s Quicken and Microsoft Corp.'s Money.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER