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IndustryUpdate

and will lead both operations and ShopKeep's cus-
tomer care functions with the stated objective of
ensuring the company's small business clientele are
provided with the high-quality support necessary
to their success. Caligiuri brings more than 10 years
of experience in operations and customer support
leadership in the technology, ecommerce and retail
industries.

Carr accepts APG post

APG Cash Drawer LLC appointed Andrew Carr to
the position of Managing Director. Carr will oversee
all corporate European activities to strengthen APG's
global leadership team, as well as its commitment to
the POS industry and customers worldwide. He has
an extensive background in a variety of technology
sectors, as part of a long career with IBM.

YapStone selects Gramz

Michael Gramz joined the management team at
YapStone Inc. In his new position as Chief Risk
Officer, Gramz will focus on delivering innovative
risk management products and services to support
YapStone's partners and customers. Prior to joining
YapStone, Gramz was the Chief Risk Officer and
Board Director at Merchant eSolutions. Gramz also
spent 17 years at Bank of America Corp., where he
was a key strategic contributor in the formation of
Bank of America Merchant Services.

Sawaya tapped by Global CashSpot

Global CashSpot Corp. named Pierre Sawaya as its
CEO. Sawaya is the founder and former Chairman
of Endless One Global, an international payment
processor and financial software developer. "Pierre
is a proven leader and visionary when it comes to
the evolution of money transfer networks around the
world," said Stephen M. Studdert, Global CashSpot
founder and Chairman. "His vision for transforming
the multibillion-dollar consumer cross-border pay-
ments industry is extraordinary."

Schipper joins TMG leadership team

TMG added Travis Schipper as its Senior Vice
President of Finance. Reporting directly to TMG
CEO Shazia Manus, Schipper will provide financial
leadership, economic strategies, budgetary oversight
and revenue forecasting models. Schipper, a certified
public accountant, has more than 15 years of financial
services experience with high-level positions at both
Target Corp. and Wells Fargo & Co. Schipper also
served as Vice President of Finance for Kum & Go
L.C.

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