People: Tier Technologies, Inc. (TIER.O)
TIER.O on Consolidated Issue listed on NASDAQ Global Market
7.65USD
9 Feb 2010
7.65USD
9 Feb 2010
Price Change (% chg)
$0.24 (+3.24%)
$0.24 (+3.24%)
Prev Close
$7.65
$7.65
Open
--
--
Day's High
$7.89
$7.89
Day's Low
$7.34
$7.34
Volume
15,596
15,596
Avg. Vol
22,366
22,366
52-wk High
$9.00
$9.00
52-wk Low
$4.35
$4.35
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Rossetti, Ronald | 66 | 2006 | Chairman of the Board, Chief Executive Officer |
| Johnston, Ronald | 63 | 2008 | Chief Financial Officer, Senior Vice President |
| Vellayan, Nina | 42 | 2009 | Chief Operating Officer, Executive Vice President |
| Kendrick, Keith | 52 | 2008 | Senior Vice President - Strategic Marketing |
| Omsberg, Keith | 48 | 2008 | Vice President, General Counsel, Corporate Secretary |
| Guenther, Morgan | 56 | 1999 | Director |
| Berger, Charles | 57 | 2002 | Director |
| Delucca, John | 66 | 2007 | Director |
| Heasley, Philip | 60 | 2008 | Director |
| Poe, David | 61 | 2008 | Director |
| Donoghue, Daniel | 48 | 2009 | Director |
| Murphy, Michael | 44 | 2009 | Director |
| Sadek, Zachary | 30 | 2009 | Director |
Biographies
| Name | Description |
|---|---|
| Rossetti, Ronald | Mr. Ronald L. Rossetti is Chairman of the Board, Chief Executive Officer of Tier Technologies, Inc., since May 2006 and has served as a director of Tier since November 1995. Mr. Rossetti has served as President of Riverside Capital Partners, Inc., a venture capital investment firm, and as general partner in several real estate general partnerships, all commonly controlled by Riverside Capital Holdings, since 1997. |
| Johnston, Ronald | Mr. Ronald W. Johnston is Chief Financial Officer, Senior Vice President of Tier Technologies, Inc., since July 2008. Mr. Johnston served as a CFO partner with Tatum LLC from August 2007 through June 2008. He served as CFO and Treasurer for Grantham Education Corporation from October 2004 through March 2007 and CFO for WorldSpace Corporation from September 2002 through September 2004. |
| Vellayan, Nina | Ms. Nina K. Vellayan is Chief Operating Officer, Executive Vice President of Tier Technologies Inc., since September 2009. She has served as Chief Operating Officer, Senior Vice President of the Company from October 2008 through September, 2009. Ms. Vellayan served as President of Business Office Solutions, a division of Sallie Mae Inc., from 2001 through September 2008. |
| Kendrick, Keith | Mr. Keith S. Kendrick is Senior Vice President - Strategic Marketing of Tier Technologies, Inc., since June 2008. Mr. Kendrick served as Senior Vice President, Corporate Marketing and Strategy with EFunds Corporation from December 2005 through September 2007 and co-founder and Chief Executive Officer of Vericate Corporation from January 2003 through March 2005. |
| Omsberg, Keith | Mr. Keith S. Omsberg is Vice President, General Counsel, Corporate Secretary of Tier Technologies, Inc., since April 2008. Mr. Omsberg served as Assistant General Counsel of Tier from June 2002 to April 2008. |
| Guenther, Morgan | Mr. Morgan P. Guenther is Director of Tier Technologies, Inc., since August 1999. Since April 2009, Mr. Guenther has served as a private consultant to technology companies. Mr. Guenther served as Chairman and Chief Executive Officer of Airplay Network, Inc., a wireless entertainment services company, from May 2005 through its April 2009. From February 2003 to April 2005, he served as a private consultant to technology companies. From October 2001 through January 2003, Mr. Guenther served as President of TiVo, Inc., a creator of digital video recording services. From June 1999 through October 2001, Mr. Guenther served as Vice President of Business Development and Senior Vice President of Business Development and Revenue Operations at TiVo. Mr. Guenther also serves as a board member for Integral Development Corp., a provider of electronic capital markets trading solutions. |
| Berger, Charles | Mr. Charles W. Berger is Director of Tier Technologies, Inc., since January 2002. Mr. Berger was Chief Executive Officer of DVDPlay, Inc., a manufacturer and operator of DVD rental kiosks, from April 2006 through DVDPlay’s acquisition by NCR Corporation in December 2009, and was Chairman of the Board of DVDPlay from December 2001 through the acquisition. From March 2003 through September 2005, Mr. Berger served as President, Chief Executive Officer, and a director of Nuance Communications, Inc., a publicly traded company that developed and marketed speech recognition software. In September 2005, Nuance Communications merged with Scansoft, Inc. Mr. Berger has also served as the managing director of Volatilis, LLC, a private investment and aviation services firm, since its founding in June 2001. Since December 2004, Mr. Berger has been a director of SonicWALL, Inc., a publicly traded company that manufactures computer network security applications. Mr. Berger also serves on the Board of Directors for the United States Naval Memorial and is a Trustee and member of the Investment Committee for Bucknell University. |
| Delucca, John | Mr. John J. Delucca is Director of Tier Technologies, Inc., since February 2007. Since April 2003 Mr. Delucca has served as President of Atlantic & Gulf, Limited, LLC, an investment and consulting group. He was Executive Vice President and Chief Financial Officer of REL Consultancy Group, a provider of financial consulting services to businesses, from April 2003 until March 2004. From 1999 until February 2002, he was Executive Vice President, Finance and Administration, and Chief Financial Officer of Coty, Inc., a manufacturer and marketer of personal fragrances. Mr. Delucca is a director of Endo Pharmaceuticals Holding, Inc., a publicly traded developer and reseller of prescription pharmaceuticals; and ITC Deltacom, Inc., a publicly traded provider of integrated communication services. |
| Heasley, Philip | Mr. Philip G. Heasley is Director of Tier Technologies, Inc., since August 2008. Since March 2005, Mr. Heasley has served as President and Chief Executive Officer of ACI Worldwide, Inc., a developer of electronic payment software products. From October 2003 to March 2005, Mr. Heasley served as Chairman and Chief Executive Officer of PayPower LLC, an acquisition and consulting firm specializing in financial services and payment services. From October 2000 to November 2003, Mr. Heasley served as Chairman and Chief Executive Officer of First USA Bank. From 1996 until November 2003, Mr. Heasley served as Chairman of the Board of Visa and a member of the board of Visa International. Mr. Heasley also serves on the boards of directors of ACI Worldwide, Inc., a publicly traded company that develops electronic payment software products, Fidelity National Financial, Inc., a publicly traded company providing property inspections, preservation services and title insurance services, and Public Radio International, a media company. |
| Poe, David | Mr. David A. Poe is Director of Tier Technologies, Inc., since October 2008. From March 1980, Mr. Poe has served as a consultant and director of Edgar, Dunn & Company, or EDC, an independent global financial services and payments consultancy. From March 1998 to May 2008, Mr. Poe served as Chief Executive Officer of EDC. Mr. Poe also serves as a board member for Bank of San Francisco and the University of Idaho. |
| Donoghue, Daniel | Mr. Daniel J. Donoghue is Director of Tier Technologies, Inc., since March 2009. Mr. Donoghue has served as Managing Partner of Discovery Group Holding Company, LLC, and Discovery Group I, LLC, referred to collectively as the Discovery Group, a merchant banking firm, since January 2007. From January 1997 through January 2007, Mr. Donoghue was employed by Piper Jaffray & Co., an investment banking firm, where he was engaged in merger and acquisition advisory activities. |
| Murphy, Michael | Mr. Michael R. Murphy is Director of Tier Technologies, Inc., since March 2009. Mr. Murphy has served as Managing Partner of Discovery Group, a merchant banking firm, since January 2007. From August 1997 through January 2007, Mr. Murphy was employed by Piper Jaffray & Co., an investment banking firm, where he was engaged in merger and acquisition advisory activities. |
| Sadek, Zachary | Mr. Zachary F. Sadek is Director of Tier Technologies, Inc., since March 2009. Mr. Sadek serves as Vice President of PCap Managers LLC, an affiliate of Parthenon Capital, LLC, a private equity fund, and since June 2004 has been employed as an investment professional by affiliates of Parthenon Capital. From June 2002 to June 2004, Mr. Sadek was an investment banker with Dresdner Kleinwort Wasserstein, an investment banking firm. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Rossetti, Ronald | 1,541,560 |
| Johnston, Ronald | 861,494 |
| Vellayan, Nina | 823,269 |
| Kendrick, Keith | 773,584 |
| Omsberg, Keith | 331,613 |
| Guenther, Morgan | -- |
| Berger, Charles | -- |
| Delucca, John | -- |
| Heasley, Philip | -- |
| Poe, David | -- |
| Donoghue, Daniel | -- |
| Murphy, Michael | -- |
| Sadek, Zachary | -- |
As Of 29 Sep 2009
Options Compensation
| Name | Options | Value |
|---|---|---|
| Rossetti, Ronald | 455,000 | 435,600 |
| Johnston, Ronald | 0 | 0 |
| Vellayan, Nina | 0 | 0 |
| Kendrick, Keith | 0 | 0 |
| Omsberg, Keith | 0 | 0 |
| Guenther, Morgan | 0 | 0 |
| Berger, Charles | 0 | 0 |
| Delucca, John | 0 | 0 |
| Heasley, Philip | 0 | 0 |
| Poe, David | 0 | 0 |
| Donoghue, Daniel | 0 | 0 |
| Murphy, Michael | 0 | 0 |
| Sadek, Zachary | 0 | 0 |





