Scott Scheirman has over 30 years of progressive and successful business leadership experience, primarily with financial services and technology enabled companies. He has extensive executive leadership, strategic financial, operations, international and governance expertise. Mr. Scheirman served as Executive Vice President and Chief Financial Officer of Western Union (NYSE:WU, a Fortune 500 Company) for seven years. Mr. Scheirman also held a variety of executive leadership and financial roles of increasing responsibility at First Data Corporation (NYSE: FDC) during his fourteen year tenure with the company. Prior to joining First Data Corporation, he was with EY for seven years. Most recently, Mr. Scheirman was the CEO of JKL Ventures LLC, a strategic advisory and private investment firm. He has served as a member of CPI Card Group’s Board of Directors since October 2016. Mr. Scheirman earned a Bachelor of Science degree in Business Administration with emphasis in Accounting from the University of Northern Colorado.
Donna Abbey has served as our Controller and Chief Accounting Officer since March 2022. Prior to joining the Company, Ms. Abbey provided financial and accounting consulting services to clients in various industries from January 2020 to March 2022. Prior to that, Ms. Abbey held roles of increasing responsibility at Western Union, a multinational financial services company, from October 2010 to September 2018, including Vice President of Financial Reporting, Governance & Consolidations and Chief of Staff to the Chief Executive Officer. Prior to joining Western Union, Ms. Abbey worked in the audit practice of KPMG LLP, a multinational professional services and accounting firm, from January 2003 to September 2010. Ms. Abbey holds a Bachelor of Science degree in Business Administration from Colorado State University and is a Certified Public Accountant in the State of Colorado.
Lane Dubin leads CPI Card Group’s long-term growth opportunities focused on new business and product development, including digital products. He has served in multiple senior-level roles since joining CPI Card Group in August 2016, including SVP and General Manager, Prepaid, Personalization Solutions and Instant Issuance as well as SVP Sales and Marketing. He began serving as EVP & Chief Development & Digital Officer in December 2022. Mr. Dubin has over 20 years’ experience as a global sales, client, and business development executive in the card, financial services and business travel industries. Most recently, he was the Head of Global Sales at American Express Global Business Travel, responsible for running a global organization focused on securing and managing the largest business travel accounts in the world, representing billions of dollars of travel volume. In his prior role he was Vice President, Business Development – North America, at American Express Global Business Travel where he oversaw and led activities for North America sales. Earlier in Mr. Dubin’s career, he held roles with increasing responsibility with American Express including; Vice President-Business Development, Financial Education Services for American Express Financial Advisors and Director of Sales and Business Development for Ketera Technologies, a technology start-up incubated by American Express. Mr. Dubin is a graduate of Ursinus College and holds a bachelor’s degree in Economics and Business Administration.
Since December 2022, Terra Grantham has led Financial Planning & Analysis and Strategy for CPI Card Group. She previously had served as Vice President over Sustainability, Strategy, ESG, and Partnerships since 2020 and as Vice President of Transformation and Director of Financial Planning & Analysis since joining CPI in 2017. Ms. Grantham also worked at Western Union and Unilever, and has over 20 years of experience in senior roles in Finance, Strategy, Product Development, and ESG. In her finance roles, she oversaw businesses up to $1B in revenue. In her strategy and product roles, she led projects in the payments space related to new products, geographic expansion, process improvement, acquisitions, pricing, and cost optimization. Ms. Grantham received her Bachelor’s degree in Economics from Grinnell College in Grinnell, Iowa and a Master in Business Administration from the University of Michigan at Ann Arbor.
Jeffrey Hochstadt was appointed Chief Financial Officer in May 2023. Mr. Hochstadt has over 25 years of accounting, finance and strategy experience. Most recently, he served as Founder of Jazmin LLC, providing strategic and financial consulting services to public and private companies, and as a Senior Advisor to Simon-Kucher and Partners. From 2006 through 2021 he served in various roles at Western Union, including Chief Strategy Officer and Senior Vice President, Head of Global Financial Planning and Analysis. Mr. Hochstadt’s prior experience also includes stints with First Data, Morgan Stanley Capital International, IBM, A.G. Edwards and Sons, and Price Waterhouse. He holds a Masters of Business Administration from the Wharton School at the University of Pennsylvania and a Bachelor of Science in Business Administration from the John M. Olin School of Business at Washington University in St. Louis.
Sarah Kilgore has served as our Chief Legal and Compliance Officer since December 2017. Prior to joining the Company, Ms. Kilgore was Of Counsel with Moye White LLP, a law firm based in Denver since June 2017. Prior to Moye White LLP, Ms. Kilgore founded and provided legal services through Kilgore Legal Group, LLC from December 2011 through June 2015. Prior to establishing Kilgore Legal Group, LLC, Ms. Kilgore served as Associate General Counsel, Governance and Securities for Western Union from 2006 to 2011. Additionally, she held various legal positions at First Data Corporation and AT&T Corp., and was in private practice with Sherman & Howard LLC. Ms. Kilgore earned her Juris Doctor degree from the University of Michigan Law School and received her Bachelor’s Degree in Business Administration from Michigan State University.
John Lowe serves as EVP, End-to End Solutions. Mr. Lowe’s role with CPI Card Group was expanded in 2022 to add Personalization Solutions and Instant Issuance to encompass our entire Debit and Credit segment, reflecting an end-to-end approach to our customer experience. Prior to this, he had served as SVP & General Manager Secure Card since October 2021, and from 2018 to 2021, he was CPI’s Chief Financial Officer. He has over 15 years of executive finance and accounting experience. Prior to joining CPI, Mr. Lowe served as Chief Financial Officer of SquareTwo Financial Corporation, a Denver-based financial services company with over $300 million in revenue. Mr. Lowe held multiple leadership roles of increasing responsibility over his 8 years with SquareTwo, including Treasurer and VP of Finance. Prior to SquareTwo, he held various positions at Archstone, a Real Estate Investment Trust, and Deloitte & Touche, LLP. Mr. Lowe is a Chartered Financial Analyst. He graduated from Virginia Polytechnic Institute and State University with a B.S. in both Accounting and Finance.
Peggy O’Leary has served as our Senior Vice President Prepaid Solutions since December 2022. She previously had served as Vice President of Sales of Prepaid, Personalization Solutions, and Instant Issuance since January 2020, and joined CPI in April 2017 as director of sales and client services for prepaid. Prior to joining CPI, Ms. O’Leary served as the Vice President Business Development for Jingit, a payments platform to drive consumer loyalty and engagement, since 2012. Prior to 2012, Ms. O’Leary held a variety of positions with increasing responsibilities including sales management, channel management, sales and client services at companies such as InteliSpend, Maritz, and Hallmark. Ms. O’Leary is a graduate of Hamline University and holds a Bachelor of Arts degree in Psychology.
Grace Sims has served as the Vice President of Procurement since October 2020. Ms. Sims has over 25 years of experience in Supply Chain in industries ranging from telecommunications, contract manufacturing, medical device and disposables, and self-service kiosk solutions. Prior to joining CPI Card Group, Ms. Sims served as the Vice President of Supply Chain for KIOSK Information Systems from 2015 to 2020. In this role, Ms. Sims was responsible for Purchasing, Planning, Inventory Management, Warehouse Management, Logistics, Facilities, Quality and Management of ISO 9001:2015 + ISO 14001:2015. Prior to July 2015, Ms. Sims held a variety of positions with increasing responsibilities including Director of Global Supply Chain and Director of Materials Management with key companies such as Terumo BCT and Delphi Medical Systems. Ms. Sims holds a Bachelor of Business Administration and Master of Business Administration from the University of Denver and a Ph.D. in Organization and Management from Capella University.
Beth Starkey has served as our Chief Marketing Officer since October 2021 and has over 20 years of marketing experience in the financial services, financial technology and payments industries. Prior to joining CPI, Ms. Starkey served in various marketing roles at FIS and its affiliated companies, most recently holding the position of Global Head of Merchant Experience & Advocacy Marketing with FIS. From 2009 to 2015, she held various marketing roles at First Data (now Fiserv), including Marketing Director. Additionally, Ms. Starkey held a variety of marketing, communication and consultant roles with several companies before joining First Data. Beth holds a Bachelor of Arts degree in Journalism from The University of North Carolina at Chapel Hill.
Sonya has served as our Chief Human Resources Officers since December 2021. Sonya joined CPI Card Group in February 2021 as Director of Total Rewards, and assumed the role of interim CHRO in August 2021. Prior to CPI, she held human resources leadership roles across a variety of manufacturing industries, including healthcare/life sciences, industrial automation and metals. She also served in consulting roles with Hewitt Associates (now Aon), and her own consulting firm. Sonya holds a Bachelor of Arts degree in Economics from the University of Wisconsin-Parkside, and an Executive MBA from the University of Wisconsin-Milwaukee.
Beth Williams has served as our Chief Technology Officer since Jan 2020, and previously served as Technology Director, leading teams focused on Instant Issuance, Prepaid and Personalization since 2016. In these roles, Ms. Williams was responsible for managing all aspects of the technology life cycle including business needs assessment, software development, quality assurance, implementation and project management. Prior to joining CPI, Ms. Williams served as the Chief Information Officer for EFT Source, a card personalization and instant issuance solution provider, from 2007 to 2015. Prior to 2007, Ms. Williams held a variety of positions with increasing responsibilities including programming, web and software development, and analysis at companies such as KeyBank, Deloitte Consulting, NFIB and Vanderbilt University Medical Center. Ms. Williams holds a Bachelor of Business Administration - MIS from Ohio University.
In 2022, CPI was named winner of the Sustainability Product of the Year for the Earth Elements portfolio of cards, including Second Wave and Earthwise – cards that incorporate upcycled plastic into the card's construction.
In 2022, CPI was named finalist of the Best Green Initiative Award Category for the Earth Elements portfolio of cards, including Second Wave and Earthwise – cards that incorporate upcycled plastic into the card's construction.
CPI was named the winner of a Gold Stevie® in the Product & Service – Business-to-Business Products Category for Earthwise™ Recycled-PETG Plastic Cards in the 2021 19th Annual American Business Awards.
In 2020, CPI secured a Gold Stevie® in the Product & Service – Business-to-Business Products Category for Second Wave Recovered Ocean-Bound Plastic Cards, and in 2018, a Bronze Stevie® Award was received for Card@Once instant issuance in the New Products – Business-to-Business Products category.
The American Business Awards are the U.S.A.’s premier business awards program. The mission of the Stevie Awards is to recognize and generate public awareness of excellence in the workplace worldwide. The American Business Awards are the only national, all-encompassing business awards program in the United States.
ICMA acts as a resource for industry issues, including the production, technology, application, security and environmental issues of cards. CPI has been recognized for its innovative card design through the ICMA Élan Awards.
In 2022, CPI was named finalist in two categories, receiving recognition for Best Feature Card for a metal design for Rize Latitude, and People's Choice for Wells Fargo Reflect.
In 2021, CPI was named the winner of an award for Best Secure Environmentally Friendly Payment Card for a large tier financial issuer’s debit card featuring a core made with recovered ocean-bound plastic
In 2020, CPI received several Elan Awards, including Best Secure Payment Card for the BMW Credit Card, Best Secure Payment Card – Finalist for the RCI Ocean EMV Card, Best Secure Metal Payment Card for PSCU Corporate Card and Best Personalization & Fulfillment (P&F) Product, Service or Project for the Oxygen Debit Card Package.
Advanced Card Education (ACE) designations are awarded to professionals who successfully complete a rigorous exam demonstrating abilities and knowledge in technologies and processes specific to card manufacturing or personalization and fulfillment. CPI Card Group has graduated more than 60 individuals across the ICMA's ACE program, including ACE-P, ACE-M, and ACE-A – the most of any company in the world.
Recognizing the importance of instant issuance in today’s financial marketplace, the Best in Biz Awards named CPI Card Group’s innovative Card@Once solution a 2018 silver winner in the Enterprise Product of the Year – All Others category.
CPI received the 2016 Center of Excellence Award at the Secure Technology Alliance’s annual member meeting. The program recognizes member companies who reach the highest level of active participation in the Secure Technology Alliance, a not-for-profit, multi-industry association focused on smart card technology. As the U.S. payments market continues to evolve rapidly, CPI was recognized for its role in supporting the migration to EMV payments by providing market insights and education.