Investors

Stephen P Herbert

Mr. Herbert was elected Chairman and Chief Executive Officer of USA Technologies in December 2011 after serving as interim Chairman and CEO since October 2011. Mr. Herbert has served on the USA Technologies Board of Directors since April 1996, when he first joined the company. As USA Technologies' President and Chief Operating Officer from 1999-2011, Mr. Herbert oversaw all operations of the company, including network operations, sales, marketing, research and development and manufacturing. Prior to joining USA Technologies and since 1986, Mr. Herbert was employed by The Pepsi-Cola Company, the beverage division of PepsiCo, Inc., where he held several management positions in operations, sales and marketing. In his latest assignment at PepsiCo, Inc., Mr. Herbert was responsible for the development of market strategy for the vending and retail channels for Pepsi-Cola in North America. Mr. Herbert graduated with a Bachelor of Science degree from Louisiana State University.

Steven D Barnhart

Steven D. Barnhart was elected Lead Independent Director of the USA Technologies Board of Directors after serving on the board since October 2009. Mr. Barnhart is currently Senior Vice President and Chief Financial Officer of Bankrate, Inc., a position he has held since September 2014.  From August 2012 to June 2014, Mr. Barnhart served as Senior Vice President and Chief Financial Officer of Sears Hometown and Outlet Stores.  Prior to that, he served as Senior Vice President and Chief Financial Officer of Bally Total Fitness, a role he held since January 2010. Mr. Barnhart was Chief Executive Officer and President of Orbitz Worldwide from 2007 to January 2009, after holding other executive positions since 2003, when he joined the company. He also served on the Board of Directors of Orbitz Worldwide from 2007 to 2009. Prior to Orbitz Worldwide, he worked for PepsiCo and the Pepsi Bottling Group from 1990 to 2003, where he was Finance Director for the Southeast Business Unit of the Pepsi Bottling Group in addition to other finance and strategy roles for PepsiCo and Frito-Lay. Mr. Barnhart received a Bachelor of Science degree in Economics from the University of Chicago and a Masters in Business Administration from the University of Chicago Booth School of Business.

Joel Brooks

Joel Brooks joined the USA Technologies Board of Directors in March 2007. Since December 2000, Mr. Brooks has served as the Chief Financial Officer and Treasurer of Senesco Technologies, Inc., a biotechnology company whose shares are traded on the American Stock Exchange. From September 1998 until November 2000, Mr. Brooks was the Chief Financial Officer of Blades Board and Skate, LLC, a retail establishment specializing in the action sports industry. Mr. Brooks received his Bachelor of Science degree in Commerce with a major in Accounting from Rider University.

Mr. Metzger brings to the Board over 25 years of senior leadership experience from the financial services sector.  Since August 2015, he has been on the faculty of the University of Illinois at Urbana-Champaign’s College of Business as the Director of the Investment Banking Academy and a lecturer at the Department of Finance. He also serves on the Board of Directors of WageWorks, Inc., where he is a member of the Audit Committee. Previously, he was a partner at William Blair & Company from 2005 to 2015, after joining the firm in 1999. While there, he served as head of the Technology and Financial Services Investment Banking Groups and completed in excess of 100 transactions during his 15-plus year career at the firm. In addition, he acted as Chairman of the firm's Audit Committee from 2013-2015. Mr. Metzger holds a Master of Business Administration with concentrations in finance and strategy from Northwestern University’s Kellogg School of Management and a Bachelor’s of Science degree in Accountancy from the University of Illinois at Urbana-Champaign.

Albin Moschner

Mr. Moschner joined the Board of Directors in May 2012. Most recently, he served as chief operating officer of Leap Wireless International where he was responsible for all operating activities of the company, including financial performance and customer acquisition. He also served as Leap Wireless' chief marketing officer, where he built a world-class marketing and product organization from the ground up. Before joining Leap Wireless, Mr. Moschner held the position of president, Verizon Card Services for Verizon Communications where he managed the company's prepaid card business as well as its credit card business—a $4 billion portfolio. Mr. Moschner holds a Bachelor of Engineering degree from the City College of New York as well as a Master of Science degree from Syracuse University.

William J. Reilly Jr.

William J. Reilly, Jr. brings executive, business development and international experience to USA Technologies' board of directors. He was President and Chief Executive Officer of Realtime Media, Inc., an interactive promotional marketing firm serving the pharmaceutical and consumer packaged goods markets. Following the sale of Realtime Media, Inc., Mr. Reilly was retained by RealTime Media as a consultant. He was a principal at Chesterbrook Growth Partners, independent consultants to the private equity community, and served in various positions at Checkpoint Systems Inc., a multinational manufacturer and marketer of products and services for automatic identification, retail security, pricing and brand promotion, including as Chief Operating Officer, Executive Vice President, Senior Vice President of the Americas and Pacific Rim and Vice President of Sales. Prior to that, Mr. Reilly held national and sales management positions at companies in the medical electronics and telecommunications industries, including Minolta Corporation, Megatech Pty. Ltd. and Multitone Electronics PLC. He has also served on the Board of Veramark Technologies, Inc., a telecommunications software firm. Mr. Reilly graduated from Mount St. Mary's University with a bachelors of science degree in Psychology.

William J. Schoch

William J. Schoch is a recognized leader in the electronic payments industry. He is the President and Chief Executive Officer of Western Payments Alliance, a membership-based professional association with nearly 1,000 member financial institutions and over 100 associate members representing organizations supplying payments-related services. As a member of NACHA-The Electronic Payments Association, WesPay is the oldest and one of the nation's largest Regional Payment Associations. WesPay represents its member financial institutions in the development and enforcement of the NACHA Operating Rules, governing the ACH network in the United States. Mr. Schoch sits on the Boards of Western Payments Alliance and NACHA, an industry trade association and the administrator of the Automated Clearing House (ACH) Network, and is on the steering committee of NACHA's Council for Electronic Billing and Payment. He held several leadership positions at Visa International including Vice President of Emerging Market Initiatives, responsible for the global development of the Visa Money Transfer Platform. Prior to that, Mr. Schoch served as a Vice President at Citibank, N.A. and as an Associate Director at NACHA. Mr. Schoch has a Bachelor of Arts degree from Indiana University of Pennsylvania.