MICHAEL J. BROWN co-founded Euronet in 1994 and has served as its chief executive officer ever since. He is also chairman of Euronet's board of directors and the Company's President. He is actively involved in the day-to-day operations of Euronet while overseeing the Company's business strategy, financial performance and the growth of the business across all markets.
Mr. Brown is an accomplished entrepreneur with 30 years of combined experience in the computer software and electronic payments business. In 1979, he founded Innovative Software, which merged in 1988 with Informix, a leading provider of advanced database software technology. During his time at Informix, he served as president and chief operating officer as well as president of the workstation products division. Annual revenues of Informix grew from $70 million to $170 million by the time Mr. Brown left the company in 1990. In 1993, he was a founding investor of Visual Tools, a company that writes and markets component software for the growing Visual Basic and Visual C++ developer market. Sybase Software acquired Visual Tools in 1996.
Mr. Brown received a Master of Science in molecular and cellular biology at the University of Missouri-Kansas City in 1997 and a Bachelor of Science in electrical engineering from the University of Missouri-Columbia in 1979.
PAUL S. ALTHASEN has served on our Board since May 2003. Mr. Althasen currently serves as Executive Vice President of Euronet. He joined Euronet in February 2003 in connection with Euronet's acquisition of e-pay Limited, a U.K. company. Mr. Althasen is a co-founder and former CEO and Co-Managing Director of e-pay, and he was responsible for the strategic direction of e-pay since its formation in 1999. From 1989 to 1999, Mr. Althasen was a co-founder and Managing Director of MPC Mobile Phone Center, a franchised retailer of cellular phones in the U.K. Previously, Mr. Althasen worked for Chemical Bank in London where he traded financial securities. Mr. Althasen has a Bachelor of Arts (Honors) degree in business studies from the City of London Business School.
Mark R. Callegari has more than 35 years of experience in the technology industry, having founded or co-founded 6 technology companies ranging from desktop software to LED lighting and control. He has also served as a board member on numerous companies including wireless communications and banking software.
In 1979, Mr. Callegari co-founded Innovative Software with Euronet CEO, Michael Brown. Innovative Software created many ground-breaking software industry firsts, including the first Integrated Business software suite called SmartWare, and Wingz, the world’s fastest graphical spreadsheet.
Over the next 20 years Mr. Callegari founded several more companies including, Visual Components, Inc. to address the burgeoning “rapid application development” market, Tidestone Technologies, Inc. to serve corporate and OEM software developers with best-of-breed reporting tools, and Animated Lighting to develop and market computerized architectural and holiday lighting displays.
Mr. Callegari’s products have been used by major companies including, State Street Bank, Standard & Poors, JP Morgan, O2 Stadium in Berlin and at the Qatar National Exhibition Centre in Doha, Qatar.
Mr. Callegari holds a Bachelor of Science degree from the Rockhurst University and is holder of two patents on the process of illuminating a building façades with a matrix of color-controllable lighting sources.
Michael N. Frumkin has more than 25 years of experience in technical and management leadership roles in fast growth high performance technology companies, including Silicon Valley icons like NeXT and Google. He was responsible for critical engineering functions at Verity, Excite, and Google all of whom went from startup to successful IPOs during his tenure.
In 1995 he joined a small 10 person startup that built one of the first full scale commercial internet search engines and eventually became Excite@Home, a multi-billion dollar public company. In his tenure at Excite Mr. Frumkin was responsible for core company functions like web crawl and e-commerce engineering.
After Excite Mr. Frumkin spent several years as the CTO Gamechange, the seed stage collaboration between Accenture Technology Ventures and Softbank Venture Capital, where he was responsible for technical due diligence and providing management guidance to portfolio companies. In 2002, pursuing a desire to go back to his more technical distributed computing roots, he joined Google where his responsibilities have ranged from managing large engineering teams responsible for most of Google’s revenue, to overseeing critical internal software infrastructure projects. At various points in time he was responsible for the engineering teams building and operating AdWords and the initial launch of AdSense, and the building of Google’s personalization infrastructure.
In 2012 Mr. Frumkin founded the Google Accelerated Science https://research.google/teams/applied-science/gas/ research team within Google Research. This team works with leading scientific institutions and universities around the world to increase the pace of discovery in important scientific research by bringing Google’s expertise in machine intelligence and machine perception to bear on fundamental science problems.
Mr. Frumkin holds Bachelor of Science and Master of Science degrees in Computer Science and Engineering from MIT.
THOMAS A. MCDONNELL has been a Director of Euronet since its incorporation in December 1996 and he previously served on the boards of Euronet's predecessor companies. Since October 1984, he has served as Chief Executive Officer of DST Systems, Inc., a Stockholder of Euronet. Since January 1973 (except for a 30 month period from October 1984 to April 1987) he has also served as President of DST Systems, Inc. From 1973 to September 1995, he served as Treasurer of DST Systems, Inc. Mr. McDonnell is currently a director of DST Systems, Inc., Commerce Bancshares, Inc., Garmin Ltd., Blue Valley Ban Corp and Kansas City Southern. He is a member of the audit committees of Kansas City Southern, Commerce Bancshares, Inc. and Garmin Ltd. Mr. McDonnell has a Bachelor of Science in Accounting from Rockhurst College and an Master of Business Administration from the Wharton School of Finance.
DR. ANDRZEJ OLECHOWSKI has served on our Board since May 2002. He previously served as a Director of Euronet from its incorporation in December 1996 until May 2000. Dr. Olechowski is currently the President of Conseil DG, a Polish consulting company. From 1995 until 2008, Dr. Olechowski served as a Senior Advisor for Central Europe Trust, Poland, a consulting firm. He has held several senior positions with the Polish government: from 1993 to 1995, he was Minister of Foreign Affairs and in 1992 he was Minister of Finance. From 1992 to 1993, and again in 1995, he served as economic advisor to President Walesa. From 1991 to 1992, he was Secretary of State in the Ministry of Foreign Economic Relations and from 1989 to 1991 he was Deputy Governor of the National Bank of Poland. From May 1998 to June 2000, Dr. Olechowski served as the Chairman of Bank Handlowy w Warszavie SA (Poland). Currently, Dr. Olechowski sits on the Supervisory Boards of Bank Handlowy w Warszawie SA (Poland) and Vivendi (France) and the boards of various charitable and educational foundations. He received a Ph.D. in Economics in 1979 from the Central School of Planning and Statistics in Warsaw.
ANDREW B. SCHMITT has served on our Board since September 24, 2003. Mr. Schmitt has served as President and Chief Executive Officer of Layne Christensen Company since October 1993. For approximately two years prior to joining Layne Christensen Company, Mr. Schmitt was a partner in two privately owned hydrostatic pump and motor manufacturing companies and an oil and gas service company. He served as President of the Tri-State Oil Tools Division of Baker Hughes Incorporated from February 1988 to October 1991. Mr. Schmitt serves on the board of directors of Layne Christensen Company, as well as the boards of its subsidiaries and affiliates. Mr. Schmitt holds a Bachelor of Science degree from the University of Alabama School of Commerce and Business.
M. JEANNINE STRANDJORD has served on our Board since March 26, 2001. From September 2003 until November 2005 when she retired, Ms. Strandjord served as Senior Vice President and Chief Integration Officer of Sprint Corporation ("Sprint") with responsibility for implementation of Sprint's transformation, including overall program management of comprehensive process redesign and organizational development. From January, 2003 to September, 2003, she was Senior Vice President of Financial Services of Sprint. Other jobs at Sprint included Senior Vice President and Treasurer, Vice President and Controller, and Vice President and Chief Financial Officer of Amerisource, a subsidiary of Sprint, where she started at Sprint in 1985. Prior to joining Sprint, Ms. Strandjord was with Macy's Midwest and had held positions with Kansas City Power & Light Co. and Ernst and Whinney. Ms. Strandjord holds a bachelor's degree in accounting and business administration from the University of Kansas and is a certified public accountant. She is a member of the board of six registered investment companies which are a part of American Century Funds, a member of the board and the audit committee of DST Systems, Inc. and a member of the board of Charming Shoppes, Inc.