John Chaney,
Chairman and Chief Executive Officer
John Chaney is chairman and chief executive officer (CEO) of PreCash, Inc., one of the
nation's leading retail cash payment networks. During his career, Mr. Chaney has successfully
completed more than 30 acquisitions and created more than a dozen start-up companies.
Mr. Chaney joined PreCash in September 1999 as a member of the company's board of directors. In
May 2001 he was elected as the chairman of the board and CEO. Under his leadership, the company's
revenue has grown by more than 2,000 percent and it now processes more than $1 billion a year
through its system.
Previously, Mr. Chaney had guided the growth of TeleCheck Services Inc., the world's leading
check acceptance provider, from a small independent franchise to an international company with
annual revenue of several hundred million dollars, over 2,000 employees, 400,000 retail customers
and more than a million check transactions daily. Mr. Chaney, who co-founded TeleCheck in 1976,
sold the company to a predecessor of First Data in 1992. In 1995, he was promoted to group
president of First Data, managing seven operating companies over a three-year period. He left First
Data in 1998 to pursue private investment opportunities as managing director of Convergent
Investors, a Houston/Austin based venture capital firm.
Mr. Chaney has served on numerous boards and charitable organizations. He holds a Bachelor of
Arts from Principia College with majors in computer science, business administration and economics
and he served as an officer in the United States Air Force. Mr. Chaney resides in Houston,
Texas.
Matt Callanan,
Executive Vice President and Chief Technology Officer
Matt Callanan joined PreCash in February 1999 to lead the design and deployment of PreCash's
payment processing services and currently serves as executive vice president and chief technology
officer. From 1994 to 1999, Mr. Callanan gained extensive experience as a systems architect at XO
Communications, designing transaction processing systems to support high capacity and high
availability. At XO, he also led the re-architecture and implementation of a prepaid billing
platform for MCI WorldCom, including POS activation services to Target, Wal-Mart, Sam’s Clubs, and
convenience stores. Prior to XO, he was a systems implementer with Consolidated Edison of New York.
Mr. Callanan holds a Bachelor of Arts in computer science from Iona College in New York.
Mia Mends,
General Manager and Vice President, Prepaid Debit
Mia Mends joined PreCash in 2005 as director of the company's prepaid debit business, charged
with overseeing the introduction of the company's line of prepaid debit cards to international
markets. Mia’s experience in the field includes developing and managing 11 co-branded credit card
partnerships in nine countries for United Airlines. Previously, as the director of national account
sales and marketing, she implemented marketing strategies and financial models to expand Diners
Club's North America card acceptance network at domestic, international and franchised
establishment businesses across hospitality, airline, retail, restaurant, mail order and Internet
channels. She holds a Bachelor of Arts in economics from Wellesley College and a Master of Business
Administration from Harvard Business School.
Lee Schoenberger,
Vice President, Finance
Joining PreCash in 2005, Lee Schoenberger has nearly 16 years of experience in finance and
accounting. Lee began his career with PreCash as finance manager and became corporate controller
before being named to his current role in October of 2008. Prior to his career at PreCash, Lee
served as director of finance at TeleCheck where he focused on managing profitability for several
hundred million dollar regional and national portfolios. This included developing and implementing
new systems to analyze and evaluate merchant profitability. In addition, Lee managed the Plans and
Analysis group as well as led the acquisition team on multi-million dollar acquisitions. Lee holds
a Master of Business Administration from the University of St. Thomas and has a Bachelor of
Business Administration in accounting from Texas Tech University.
Steve Shaper,
Executive Vice President, Sales
Steve Shaper is executive vice president of sales for PreCash and brings extensive leadership
and payment industry experience to the company. Mr. Shaper most recently served as chairman for
Optimal Payments Company. He also served as president of sales and marketing for First Data and as
chief executive officer of TeleCheck. Prior to TeleCheck, Mr. Shaper owned, or was a partner in,
more than 40 manufacturing, distribution, and importing companies. He is currently a board
member of Metal Oxide Technologies, Mickie Services Company, Middlemarch Capital Corporation,
PreCash Corporation, Stock Trak Corp. and ThinkCash Corp. Mr. Shaper is also a member of
World Presidents’ Organization. He served in the U.S. Army Corp of Engineers, earned a BA degree in
mechanical engineering from Rice University and an MBA from Harvard Business School.
Cynthia D. Sparkman,
Senior Vice President, Human Resources
With more than 20 years of experience, Cindy Sparkman brings a wealth of human resources
knowledge to PreCash. She joined the company in October of 2007. Most recently, Cindy was vice
president of human resources for Cameron. She has extensive experience with international and
domestic human resources, including employee relations, change management, acquisition and
divestitures, coaching and counseling, performance management, succession planning and benefits and
compensation. Cindy has a bachelor’s degree in psychology from the University of Houston, is a
certified Birkman consultant and is licensed in neuro-linguistic programming. She currently serves
on the Stages Repertory Theatre board of directors. Cindy has also served on the West University
Place City Council and park board, and the Galleria Area Chamber of Commerce board of directors.
Steve Taylor,
Chief Operating Officer and Chief Financial Officer
Steve Taylor joined PreCash in 2002 and has nearly 20 years of experience in finance and
operations. Steve began his career with PreCash as controller and vice president of finance. He
became senior vice president of operations, then executive vice president of operations and chief
financial officer (CFO) before being named chief operating officer. Prior to his career at PreCash,
Taylor served as CFO for Assembletech L.P. He brings significant payments industry experience to
PreCash, having previously served as vice president of finance for TeleCheck Services, Inc., where
his last position directed mergers, acquisitions and joint ventures. Taylor is a Certified Public
Accountant with a Bachelor of Science in accounting from Northern Arizona University.
Randy Templeton,
Executive Vice President, Marketing
Randy Templeton joined PreCash in July 2003 with more than 20 years of market and product
development experience. Templeton most recently served as senior vice president of strategic
marketing and product development for TeleCheck Services, where he developed strategy and
initiatives that fueled the company’s growth to several hundred million dollars in annual revenue.
He was a founding member of the NACHA Electronic Check Council and a participant on the Federal
Reserve Payment Advisory Council. He also served on the board of directors for Paymentech Merchant
Services. Templeton attended the London Business School’s course on Strategic Thinking and
completed additional graduate studies in political sociology at Emory University. Templeton earned
his Bachelor of Science in political science from Stephen F. Austin State University.