ICG Commerce Management Team

Carl Guarino, Chief Executive Officer
David Brumbaugh, Vice President, Sales
Rick Bunker, Chief Information Officer
David Clary, Senior Vice President, Customer Relationship Management
Jason Gilroy, Vice President, Business Development
Keith Hausmann, Vice President, Sourcing and Category Management
Peter Kaye, Vice President, Finance
Bob Kothari, Senior Vice President, Sales and Business Development
Kristen Knouft, Vice President, Marketing and Organizational Development
Michael J. Shim, Senior Vice President, General Counsel
Steve Simko, Vice President, Operations

Carl Guarino

Chief Executive Officer

Mr. Guarino joined ICG Commerce in August 2006. As Chief Executive Officer for ICG Commerce, Mr. Guarino leads a seasoned management team in supporting customers in their initiatives to reduce costs and add value to their enterprises, while sustaining the continued growth and success of the company.

Prior to joining ICG Commerce, Mr. Guarino was Executive Vice President with SEI Investments, a leading global provider of outsourced asset management, investment processing and investment operations solutions. During his 18-year tenure, he significantly expanded the company’s asset management division and led the organization’s entrée into global markets, driving significant growth through joint ventures and acquisitions. Having run one of the largest IT centers in the Eastern region, Mr. Guarino also brings an appreciation for managing outsourcing relationships and optimizing operational businesses.

Mr. Guarino earned a Bachelor of Science degree in Political Science from St. Joseph's University and a Juris Doctorate from Harvard Law School.

David Brumbaugh

Vice President, Sales

As Vice President of Sales, Mr. Brumbaugh oversees all global sales activities. He is charged with managing and building the ICG Commerce sales organization, while growing ICG Commerce's customer base. Mr. Brumbaugh leads a team of sales professionals in developing and presenting solutions that support current and prospective customers' Procurement BPO and Sourcing objectives.

Having worked for over 20 years in the supply chain and technology industry, Mr. Brumbaugh is a procurement veteran, leveraging his experience to help companies develop solutions to achieve greater control of their spend and maximize the value of their technology investments. His deep experience in direct sales and sales management have helped him to develop strong and proven capabilities in partnering, selling and delivering high-value procurement solutions to global customers.

Mr. Brumbaugh joined ICG Commerce in December of 1999. Prior to joining ICG Commerce, Mr. Brumbaugh was a Sales Manager for PeopleSoft in their Supply Chain Practice, where he was responsible for establishing and maintaining relationships with National and Global Accounts, specifically in the Manufacturing and CPG Industries.

Rick Bunker

Chief Information Officer

As Chief Information Officer, Mr. Bunker leads a team of IT specialists in optimizing business process and information management to create quantifiable value for ICG Commerce's customers.

Mr. Bunker has over 20 years of experience in information systems strategy & architecture and product design & development, including positions as Managing Director and Chief Technology Officer of the Internet Capital Group, President and Chief Executive Officer of Reality Online (a Reuters subsidiary) and Senior Vice President and Chief Information Officer of SEI Investments.

In addition, he brings extensive business strategy and leadership experience to the management team, including interim CEO assignments at Xyan.com and ServerVault and positions as Partner at Nathanson & Company, Vice President leading investment management and trading technology for State Street Global Advisors and Russian Linguist for the US Army Security Agency.

David Clary

Senior Vice President, Customer Relationship Management

As Senior Vice President, Customer Relationship Management, Mr. Clary is responsible for the execution of ICG Commerce's services across all customers on a global basis. In this role, Mr. Clary leads a team of category and process specialists in the design, implementation delivery and on-going management of tailored procurement solutions with a focus on delivering results and exceeding customer expectations.

Mr. Clary was voted one of America's Supply Chain 'Pros to Know' in 2003 by iSource Magazine and is a frequent presenter at ISM, Outsourcing and other industry-affiliated forums on a variety of topics related to procurement best practices.

Prior to joining ICG Commerce, Mr. Clary was a Principal at A.T. Kearney, the global management consultancy, where he was instrumental in developing that firm's strategic sourcing and procurement operations practices, including the support for the O'Hare Group, one of the first multi-industry consortia assembled in the United States.

Jason Gilroy

Vice President, Business Development

As Vice President of Business Development, Mr. Gilroy is responsible for building and expanding relationships with companies across the world. In his role, Mr. Gilroy helps companies to build and develop successful procurement outsourcing strategies. Mr. Gilroy has assisted many leading companies including Accenture, Avaya, and Timken through the evaluation, business case development, implementation and management of outsourcing solutions. By combining proven procurement services with enabling technology and governance models, Mr. Gilroy helps companies enable their BPO strategy, accelerate return on existing investments and ultimately realize significant procurement related savings. At ICG Commerce, Mr. Gilroy has helped develop the industry's leading procurement outsourcing capability and methodology.

Mr. Gilroy brings over ten years of leadership experience in industry and consulting with healthcare companies, business services providers, automotive companies, media and entertainment companies and a wide variety of business process concerns. He was recognized as ‘Pro to Know’ in 2005 by Supply and Demand Chain Executive and is a frequent presenter at outsourcing and other industry-affiliated forums.

Prior to joining ICG Commerce, he was a principle at PricewaterhouseCoopers, where he was responsible for running extensive global business transformation projects for large multi-national companies like Sony Music, Ford Motor Company and Caremark.

Keith Hausmann

Vice President, Sourcing and Category Management

As Vice President of Sourcing and Category management, Mr. Hausmann is responsible for developing and managing ICG Commerce's Global Sourcing and Category Management capabilities. Mr. Hausmann has 15 years of experience in strategic sourcing, category and supplier relationship management. His organization of category, sourcing process and logistics experts leverage innovative strategies, tools and deep market experience to help companies execute large sourcing and spend management programs and ultimately realize measurable cost reductions.

Mr. Hausmann has sourced and managed the entire sphere of a typical company's indirect spend and has extensive experience sourcing many direct categories and managing large scale initiatives to outsource benefits administration, logistics and manufacturing operations. Mr. Hausmann is a well-recognized expert in the procurement industry, having shared his insights during numerous industry events, including National ISM Conferences, Sourcing Interest Group Conferences and the Purchasing Magazine Global Procurement Conference. In addition, Mr. Hausmann has been recognized by Supply & Demand Chain Executive as one of the publication's "Provider Pros to Know".

Prior to ICG Commerce, Mr. Hausmann managed Indirect Procurement for two leading organizations including Wyeth, a $20B global pharmaceutical company, and a $1.5B spin-off of Campbell Soup. In addition he served as Vice President of Client Services for PGI, a strategic sourcing consultancy.

Peter Kaye, CPA

Vice President, Finance

As Vice President of Finance, Peter Kaye is responsible for directing ICG Commerce's financial strategy and accounting operations. Peter leads a team of analysts in the development and implementation of key financial activities and initiatives, including strategic forecasting and budgeting, risk management, accounting controls and Sarbanes-Oxley processes and compliance.

Prior to joining ICG Commerce, Mr. Kaye served as a manager within Unisys' Global Outsourcing division, as CFO of a venture-backed firm, and as a member of senior management teams for large and mid-sized companies, leading strategic turnaround initiatives that resulted in increased profitability, reduced costs, stronger supplier and client relationships, and increased regulatory compliance.

Mr. Kaye holds a Bachelor's degree in accounting from Pennsylvania State University and a Masters of Taxation degree from Widener University.

Bob Kothari

Senior Vice President, Sales and Business Development

As Senior Vice President, Sales and Business Development, Mr. Kothari is responsible for establishing and growing relationships with companies across the world. Mr. Kothari leads a team of sales professionals and procurement specialists in the design of solutions that address companies' specific procurement needs and objectives. In addition, his team works closely with prospective customers to develop business cases that quantifiably demonstrate the value of these solutions. Before assuming his current role, Mr. Kothari led multiple teams in the delivery of services to many of ICG Commerce's largest customers in the manufacturing, retail, and consumer packed goods industries.

Prior to joining ICG Commerce, Mr. Kothari was a Principal at A.T. Kearney, the global management consultancy, where he led sourcing and procurement efforts, among other programs, in the consumer packaged goods, transportation, pharmaceutical, and technology services industries.

Mr. Kothari earned a Bachelor of Arts degree from Franklin & Marshall College and Masters in Business Administration from the Wharton School of Business.

Kristen Knouft

Vice President, Marketing and Organizational Development

As Vice President of Marketing & Organizational Development, Ms. Knouft is responsible for facilitating company growth by driving strategies and programs which are aimed at increasing marketplace demand for Procurement BPO services and positioning ICG Commerce as a recognized industry leader and the Procurement Services Provider of choice. In addition, Ms. Knouft is responsible for enabling the company to deliver against its brand promise and value proposition by continuously attaining, retaining and developing top industry talent. Under Ms. Knouft's leadership, numerous industry analyst and advisory firms, including IDC, NelsonHall, and Everest, have recognized the company as the Procurement BPO market share leader, while Fortune, Forbes, and other publications have publicly awarded the company for its exceptional capabilities and depth of expertise.

Prior to joining ICG Commerce in 2000, Ms Knouft was a senior leader within Ernst & Young LLP's Post Merger Integration Practice. In this capacity, she spearheaded numerous global consulting programs focused on helping recently merged companies develop and implement integrated Sales & Marketing, Supply Chain and Human Resource strategies while achieving financial cost synergies. Ms. Knouft began her career in Mobil Oil's Market Strategy Group.

Michael J. Shim, Esquire

Senior Vice President, General Counsel and Corporate Secretary

As Senior Vice President, General Counsel and Corporate Secretary, Michael Shim is responsible for all legal matters relating to ICG Commerce, including corporate transactions, commercial transactions, corporate governance, regulatory matters, compliance and security, real estate, litigation, employment law matters, financing, intellectual property and other legal matters. Mr. Shim is an expert in business process outsourcing transactions, having led the legal efforts relating to all of the company's outsourcing relationships. Mr. Shim is also responsible for the company's Administration functions, including corporate IT infrastructure, real estate and HR administration. Mr. Shim also leads the company's Contract Services group, which provides contract services to customers in connection with the company's comprehensive procurement outsourcing offering.

Prior to joining ICG Commerce, Mr. Shim worked as an attorney in the Business and Finance Section of Morgan, Lewis & Bockius LLP. At Morgan Lewis, Mr. Shim focused his practice on representing public and private companies in various corporate legal matters, including corporate finance, mergers and acquisitions, securities, and joint venture transactions. Mr. Shim holds a Bachelor's degree in finance from the University of Notre Dame and a Juris Doctor degree from the New York University School of Law.

Steve Simko

Vice President, Operations

As Vice President, Operations, Mr. Simko is responsible for the development and execution of the company's transactional purchasing solutions. Mr. Simko leads a team of process experts, experienced buyers, and customer service specialists who perform transactional purchasing with a service-oriented focus. His team also works closely with clients to help optimize their procurement systems.

Prior to joining ICG Commerce, Mr. Simko led global sourcing and operational engagements for A.T. Kearney, a management consulting firm. He has also held purchasing and manufacturing leadership positions with DuPont and Dade Behring.

Mr. Simko earned a Bachelor of Science degree from Rensselaer Polytechnic Institute and a Masters in Business Administration from New York University.