IRVINE, CA, October 2 / MARKET WIRE/ --
Sage Software, the North American business of
the Sage Group, plc (LSE: SGE), announced today that Marc Loupe has been
appointed CFO of the company, and Greg Hammermaster has been appointed
president of the company's Payment Solutions Division.
Mr. Loupe was appointed to the CFO position in June 2008 with
responsibility for all aspects of finance across the company. Mr. Loupe has
held a number of significant finance positions over the course of his
career. Mr. Loupe began his career at Deloitte and Touche where he
qualified as a CPA. He went on to hold several senior financial roles in
the corporate sector, including 18 years with Sun Microsystems, Inc.,
culminating in the position of senior vice president, finance for the
company's technology products. He was later recruited by CA (formerly
Computer Associates), Inc. to head up the audit department to assist the
company's compliance to certain mandates from the Department of Justice and
the Securities and Exchange Commission. His most recent position was
senior vice president, finance with XOJET, Inc, a leading provider of
global business aviation services.
Mr. Hammermaster will be responsible for executive management of all of
Sage Software's North American payment solutions business, including its
credit card operations based in Virginia and its check operations based in
Florida.
Mr. Hammermaster comes to Sage from SunTrust Banks where he was senior vice
president of commercial card and payment services in the Treasury and
Payment Solutions Division. His responsibilities have included sales,
business development, direction of the vision and execution for commercial
card practices, and developing strategic partnerships. Mr. Hammermaster
has also had experience with a number of online businesses and with Visa
International, the world's largest card network, where he worked with banks
in the areas of online merchant services, debit, credit, and payment
solutions, and was instrumental in delivering Visa's first corporate and
purchasing card program.
About Sage Software
Sage Software supports the needs, challenges and dreams of nearly 2.9
million small and medium-sized business customers in North America through
easy-to-use, scalable and customizable software and services. Our products
support accounting, operations, customer relationship management, human
resources, time tracking, merchant services and the specialized needs of
the construction, distribution, healthcare, manufacturing, nonprofit and
real estate industries. Sage Software is a subsidiary of The Sage Group
plc, a leading global supplier of business management software and services
to small and medium-sized businesses. Formed in 1981, Sage was floated on
the London Stock Exchange in 1989. Sage Group now has 5.7 million customers
and employs over 14,800 people worldwide. For more information, please
visit the web site at
www.sagesoftware.com
or call (866) 308-2378.
Press Contacts:
Renee Chenue
Sage Payment Solutions Division
(703) 852-5386
rchenue@sagepayments.com
John Schoutsen
Sage Software
(905) 267-2873
john.schoutsen@sage.com
