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//: Executive Leadership

//: BOARD OF DIRECTORS

Thomas C. Priore

CHIEF EXECUTIVE OFFICER / CHAIRMAN OF THE BOARD

Thomas Priore has served as Executive Chairman and founding member of Priority since August 2005 and recently assumed the role of Chief Executive Officer in December of 2018. Under Mr. Priore’s strategic direction, Priority has emerged from a start-up organization to become the 13th largest merchant acquirer in the US and a leading provider of commercial payment solutions to major global institutions. Prior to dedicating his full time to Priority, he founded ICP Capital, a boutique investment banking enterprise that became a market leader in structured finance reaching over $20 billion in assets under management. From 1999 until 2003, Mr. Priore was with Guggenheim Securities where he founded the Structured Finance Trading and Origination business and managed its Fixed Income Sales and Trading division. Previously, Mr. Priore spent eight years in PaineWebber’s Fixed Income Sales and Trading department, rising to Vice President. Mr. Priore is a graduate of Harvard University and holds an MBA from Columbia University. Thomas Priore is the brother of John Priore, Priority’s Vice Chairman. 

Ranjana Ram

Executive Vice President

Ranjana Ram serves as an Executive Vice President overseeing Priority’s corporate development, M&A, and investment strategies. During her tenure, Ms. Ram has successfully led all of the company’s transaction activity since the company’s inception, including the execution of over $1 billion in capital market transactions and the company’s 2018 public offering via SPAC. Under her guidance Priority has had a consistently successful run of strategic investments that has helped accelerate the long-term growth prospect and technical capabilities of the business. Prior to joining Priority, Ms. Ram most recently served as a Director at ICP Capital, a boutique investment bank, where she oversaw the execution of over 7 billion in publicly rated structured finance securitizations. Before that Ms.Ram worked at Credit Suisse Asset Management in the Exchange Fund group. Ms. Ram is a CFA charterholder and a 2004 graduate of the University of Michigan.

Mike Vollkommer

CHIEF FINANCIAL OFFICER

Michael Vollkommer is a CPA who has over 30 years of financial experience in a variety of industries, serving in executive-level positions within several global corporations after beginning his career at a Big Four accounting firm. From 2001 to 2006 Vollkommer was Executive Vice President & Chief Financial Officer of Certegy Inc., a leading provider of credit, debit, and check risk management services to over 6,500 financial institutions and 100,000 retail merchants. Certegy was spun off from Equifax in 2001 and merged with FIS in 2006. Most recently Vollkommer served as the Chief Financial Officer of Vesta Corporation, a privately-held international provider of comprehensive fraud and payment solutions for online commerce, and before that was the Executive Vice President & Chief Financial Officer of Mueller Water Products.

Sean Kiewiet

CHIEF STRATEGY OFFICER

Sean Kiewiet co-founded Priority after serving as the Director of Technology for Cornerstone Payment Systems. He has served as Chief Technology Officer of Priority since August 2005. Mr. Kiewiet previously worked in software development and architecture for Hypercom and Syntellect. His technology development background drives his vision for Priority to develop high-performing teams that deliberately target technologies at areas where the industry has been complacent and customers have been under-served.

David Faupel

CHIEF MARKETING OFFICER

With over 25 years of marketing experience across a wide array of industries, Dave has an extensive background building high-performing marketing teams to drive brand awareness and profitable growth at leading fintech, martech and healthcare companies. Before joining Priority, Dave was the VP of Marketing for North America for Sage, a global market leader for small and medium businesses to manage finances, operations and people. At Sage, Dave helped to increase marketing-driven revenue and launched the newest cloud portfolio for small businesses in the US. Previously, Dave served as Head of Worldwide Marketing for IBM Silverpop, leading the global launch of the IBM Marketing Cloud. Dave has also held senior marketing roles at McKesson and with some of the largest marketing and communications agencies worldwide. His passion for fusing marketing strategy with creative programs – while also connecting leadership and communications – has resulted in impactful marketing programs.

Carlos Navarro

Chief Revenue Officer + Executive Vice President

As Chief Revenue Officer and EVP, Carlos Navarro is responsible for Priority’s growth strategy, business development and all revenue-related activities across the company. He has held high-profile leadership positions in the payments industry for over 20 years, and is instrumental in the overall Priority Payments growth strategy. Prior to joining Priority, Navarro was the Head of International Expansion for JP Morgan’s Merchant Services group. There he was responsible for growing JP Morgan’s payment’s capabilities and footprint throughout Asia Pacific and Latin America. Navarro also facilitated the creation of global technical partnerships with fintech companies and global acquiring partners throughout the regions. Before JP Morgan he served as President of Latin America for Elavon Merchant Services where he led the creation of Elavon Mexico and Elavon Brazil. Navarro holds a BS in Industrial Engineering from Georgia Tech and an MBA from the University of Georgia. He is active in the Atlanta community and serves on the board of several non-profit organizations including Junior Achievement and Catholic Charities.

Brad Miller

GENERAL COUNSEL + CHIEF RISK OFFICER

Bradley J. Miller has served as Priority’s General Counsel and Chief Risk Officer since February 2020. Mr. Miller has over 25 years of legal and financial industry experience having served as EVP & General Counsel of United Community Banks, Inc. (UCBI), a $13 billion regional community bank, for over 12 years. Mr. Miller also served as Chief Risk Officer of UCBI for over five years while continuing to serve as its General Counsel, responsible for the oversight of all legal, compliance, and enterprise risk functions. Prior to UCBI, Mr. Miller began his career with the international firm of Kilpatrick Stockton LLP (now Kilpatrick Townsend LLP) focusing his practice on consumer and commercial litigation, privacy, and regulatory matters. Mr. Miller is responsible for all facets of Priority’s legal, risk and compliance functions.

Rajiv Kumar

Senior Vice President + Chief Accounting Officer

Rajiv Kumar serves as Senior Vice President and Chief Accounting Officer, leading Priority’s accounting and financial reporting functions. Prior to joining Priority, Rajiv was Director Advisory and Technical Accounting of McKesson Corporation, a fortune 7 company engaged in distribution of pharmaceutical drugs in North America and before that served as Assurance Senior Manager of EY. Rajiv is a CPA and has over 15 years of experience in accounting and auditing of large multinational corporations. Rajiv is also an associate member of the Institute of Chartered Accountants of India since 2008.
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John Priore

DIRECTOR

John Priore is the co-founder of Priority and served as Chief Executive Officer of Priority from August 2005 until assuming the role of Vice Chairman of the Board in December of 2018. He has over twenty-five years of experience in the payments industry. Prior to founding Priority, he was the Executive Vice President of Financial Systems at Ingenico, and also served in a variety of positions at other firms, including NOVA, First Data and American Express. Mr. Priore is a member of the Technology Association of Georgia (TAG), a legacy member of the Alpharetta Technology Commission and currently serves on the Board of Directors for the Electronic Transactions Association. His commitment to the industry has helped propel Priority to be a leader in payments technology. John Priore is the brother of Thomas Priore, Priority’s Chief Executive Officer and Executive Chairman.

Michael K. Passilla

DIRECTOR

Michael K. Passilla has served as a director of Priority since June 4, 2019. Mr. Passilla served as Vice Chairman for JP Morgan Chase & Company from July 2016 until his retirement in June 2018, after serving as Chief Executive Officer of Chase Merchant Services from May 2013 to June 2016. He previously served as Chief Executive Officer of Elavon – US Bank, Inc. from August 2010 to April 2013, after serving as Executive Vice President of Global Business Development since August 2007. Mr. Passilla received a Bachelor of Business Administration from the University of Notre Dame in 1989 and an MBA from Northwestern University in 1995.

Christina Favilla

DIRECTOR

Christina (Chris) Favilla is an experienced independent board member responsible for guiding and supporting the strategic direction of public and private companies in the financial services sector. She is a seasoned banker with a proven track record of growing business platforms in a volatile regulatory environment. In several companies, Chris has successfully led large strategic shifts to meet the demanding needs of today’s financial markets. She served as Chief Operating Officer for GE Capital America from February 2012 to June 2017, with direct responsibility for $100 billion in served assets across Canada, Mexico, and the United States. She led a diverse team of 2500 people across 33 locations and interacted with over 20,000 vendors. She previously served as the President of Discover Bank from 2006 to 2012. With both an IT and Operational background she has the ability to quickly assess and implement the necessary changes in anticipation of positive outcomes. Chris is a graduate of Marymount College for International Finance and received her MBA from Fordham University.

Marietta Davis

DIRECTOR

Marietta Davis is an accomplished technology sales executive and currently serves as IBM’s Vice President and Managing Director for the global Accenture relationship. She leads a worldwide team growing business in IBM Public Cloud, Red Hat Hybrid Cloud and Artificial Intelligence solutions in collaboration with Accenture, IBM’s largest Global Service Integrator. Prior to IBM, she served as Vice President of U.S. Dynamics at Microsoft. As the highest-ranking African American executive in North America and Latin America, Davis led an organization of more than 400 sales, marketing and technical experts serving Microsoft’s business customers with Dynamics ERP and CRM Solutions. While at Microsoft, Davis successfully managed and grew multiple businesses to $1B and triple digit growth milestones. She has held high impact positions at Lotus Development, Ameritech, and Tata Consulting. Her diverse leadership portfolio extends to mentoring strong leaders into key roles and acting in an advisory capacity to incubation and small startups.

Stephen W. Hipp

DIRECTOR

Stephen W. Hipp recently retired from Goldman Sachs & Company where he served as Managing Director and Co-Head of the Goldman Sachs Specialty Lending Group from March 2004 until September 2020. Prior to joining Goldman Sachs, Mr. Hipp previously served as Senior Vice President of Underwriting and Portfolio Management of GE Capital’s Media and Telecommunications Finance Group from March 1999 until March 2004. He served as a Senior Associate in the leveraged lending group of Creditanstalt from 1997-1999. Mr. Hipp began his career as an auditor for Ernst & Young, LLP in 1990 transitioning to the Restructuring and Reorganizations Advisory Group through 1997. He received a Bachelor of Economics from Emory University and completed Post-Baccalaureate course work in Accounting from Georgia State University. Mr. Hipp has served on the Boards of private companies and a charitable organization. He maintained his license as a Certified Public Accountant from July 1992-December 1999.