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Senior Management

Seth Asofsky, Chief Financial Officer—  Seth Asofsky, 44, is a former investment and corporate banker with 18 years of experience in originating and executing public and private equity, merger and acquisition, debt and structured finance transactions. Prior to his appointment as the Company’s CFO in 2003, Mr. Asofsky led the business process services investment banking practice at ThinkEquity Partners. Prior to ThinkEquity Partners, Mr. Asofsky was a Vice President with SG Cowen’s Technology Investment Banking Group where he helped to found the technology services practice.

Thomas DeLuca, SVP Corporate Development — Thomas DeLuca, 35, worked in the legal department of American Express prior to joining Planet Payment in 1999. At American Express, Mr.DeLuca advised on broader electronic commerce matters, consumer privacy, and marketing. From 2000 into 2002, Mr. DeLuca served as Chairman of the International Development Committee for the Electronic Transactions Association, a payment industry trade group.

Jonathan Ellis, Managing Director, Europe — Jonathan Ellis 47, has over 20 years experience in the European restaurant and hospitality industry, with particular emphasis on sales management and strategic development. Mr.Ellis was previously Managing Director of the restaurant group Prezzo PLC and received his HND in Hotel and Catering Administration at Westminster Hotel School.

Keith Flaherty, SVP Project Management and ImplementationKeith Flaherty, 41, has over 23 years experience in banking and Information System with 18 of those being directly in the Electronic Payments area. Mr. Flaherty has held various senior positions including being responsible for The Bank of Bermuda’s Retail-EFT ATM/POS environment and being part of the team that implemented the first regional Debit switch in Saudi Arabia. As CTO for First Ecommerce Data Services, Mr. Flaherty was responsible for the processing platforms that were one of the very first to gain full eCommerce multi-currency certification.

Alan Lubitz, SVP Chief Information Officer — Alan Lubitz, 56, is responsible for payment processing operations, including integrations to Acquirers, processors, and gateways. Mr. Lubitz has over 25 years of experience in the sale and support of credit card payment infrastructure and point-of-sale systems. He has held senior positions at Paymentech, TermNet Merchant Services, National Card Processing Systems, and Chase Merchant Services LLC. 

Florence Sinofsky, SVP Marketing and Product Development — Florence Sinofsky has over 20 years experience in the product development and marketing fields, where her responsibilities have focused on helping companies transition to new ways of doing business utilizing evolving technologies. More than 10 years of her experience has been in the credit card and financial services industry. Most recently Ms. Sinofsky was SVP & Director, New Product Development Center of Excellence at Citigroup, after holding senior management positions at American Express and MasterCard. 

Henry Tan, Director Operations, Asia Pacific — Henry Tan, 52, has 27 years of experience in the IT industry. Mr.Tan joined Planet Payment from the Singapore regional office of Visa International, and worked at American Express for 12 years in a variety of roles in New York, Europe and Central/South America, as well as regional head of the Asian Systems Group. Additionally, he served in the Singapore office of EDS and as Citigroup’s South Asia Head, Technology Infrastructure.

Paul Whittle, SVP Global Terminal Product Manager — Paul Whittle, 48, founded Whittle Transaction Group, which was acquired by Planet Payment in 2005 after developing the Company’s “Planetswitch” technology. Mr. Whittle is responsible for the Company’s Planet Technology Services (‘‘PTS’’) division, which provides POS terminal development services to processors, retailers, and government agencies. He was formerly SVP with POS Systems Development at Hypercom Corporation, where he worked from 1988 to 2003.  

Slim Zouaoui, SVP Infrastructure and Security — Slim Zouaoui (read Sleem Zoo-ah-wee), 34, is in charge of the design and implementation of the complex world wide infrastructure of Planet Payment, making sure that all designed solutions provide the highest possible service level agreement(SLA) in the market with a huge emphasis on the security aspect and maximizing the return on investment(ROI). Prior to joining the Group in early 2003, Mr Zouaoui was responsible for Security with a third party processor in Europe and Tunisia.

Grace A. deFries, Director, Mobile Sevices — Grace deFries has 10 years of broad based sales, marketing, and business development experience in the telecommunications industry. She has worked at AT&T Solutions in a variety of sales roles and, most recently, at Global Crossing as Director, Global Enterprise & Collaboration Services Sales Operations. Ms. deFries spent more than 10 years with the Office of the Mayor for the City of New York and was Assistant to the Mayor for Finance and Administrative Management from 1990 to 1994.

Duncan A. Fraser III, VP Deputy General Counsel of Human Resources — Duncan Fraser, 50, was Director H.R., Americas for Factiva, a Dow Jones & Reuters Co. Prior to that Mr. Fraser was an Employee Relations Mananger with Dow Jones & Co. Mr. Fraser is also an attorney with extensive commercial and employment litigation experience, having served as the head of European American Bank's litigation department for more than 8 years.