Board of Directors

Stuart C. Harvey Jr.

Non-Executive Chairman

As President and COO of Piper Jaffray, Stuart led operations of the firm’s global investment banking, equity, public finance, fixed income and asset management businesses. Stuart re-joined Piper Jaffray in 2015, having previously served as Managing Director of the firm’s investment banking group from 1993 to 2003. In the years between his time at Piper Jaffray, Stuart built and led considerable transformation, value creation and liquidity events across multiple industries.

Stuart was the most senior business strategist and ultimately, CEO of Elavon Global Acquiring Solutions, Inc., a global payments processor and subsidiary of U.S Bancorp, where he led considerable transformation across the business and directed the company’s international expansion which culminated in its nomination as a Top 5 Global Payments Processor by the Nielsen Report.

Stuart held the role of Chairman, Chief Executive Officer and President of Ceridian Corporation, a provider of human capital management and services. During his tenure at Ceridian, he spear-headed major transformation across the company, including the development of advanced SaaS-based service offerings that heightened operational and sales efficiency resulting in noteworthy improvements to the company’s financial performance and growth.

Specifically, in 2012, he directed Ceridian’s acquisition and integration of Dayforce Corporation, a workforce management company, and led Ceridian subsidiary, Comdata, which managed fleet and corporate card payment services. He went on to successfully secure the operational split and sale of Comdata in 2014 for US $3.45 billion dollars.

Stuart holds a bachelors’ degree from St. John’s University, a Juris doctorate from the George Washington University School of Law and a Master of Business Administration from the Kellogg School of Management at Northwestern University. He also serves on the Board of Directors of Trustwave Holdings, Inc. and the Board of Trustees of Saint John’s University.

Joel Leonoff

Executive Director, President & Chief Executive Officer

Joel Leonoff serves as Executive Director, President and CEO of Paysafe Group, a company he originally founded in 1997, which is now a leading global payment provider. In 2017, Paysafe was acquired by CVC and Blackstone for $4.6 billion. 

Joel is an entrepreneurial leader and a visionary with a proven track record of managing high-growth technology companies, having served as CEO, COO and CFO of privately and publicly traded companies for nearly twenty years. In 1997, Joel founded SureFire Commerce Inc., which merged with the Optimal Group in 2003 to form Optimal Payments.

In 2011, Optimal Payments merged with Neovia Inc. (NETELLER) and the company later completed the acquisition of the Skrill Group in August 2015 to form the Paysafe Group, which was a highly successful FTSE 250 Public Company prior to being purchased by CVC and Blackstone in late 2017.

Joel has previously created the e-commerce powerhouse BCE Emergis through the merger of Mpact Immedia Ltd with Bell Canada Enterprises in the late 1990's.

Joel also served as Group Operations Director and COO of Partygaming Plc, a FTSE listed company. Joel is a Chartered Accountant with a Bachelor of Commerce Degree (James McGill Award) and has a Graduate Diploma in Public Accountancy (C.D. Mellor Award) from McGill University.
 

Brian McArthur-Muscroft

Executive Director and Chief Financial Officer

Brian has been Chief Financial Officer at Paysafe Group since 1 January 2015. He led Paysafe’s move from AIM to a FTSE 250 listing on the London Stock Exchange Main Market in December 2016.

In 2017, Paysafe was acquired by CVC and Blackstone for $4.6 billion, when Brian was asked to remain on the Board as Group CFO. As part of the deal, Brian led the $2.6 billion debt raise to part-fund the transaction. Prior to the Take Private, he delivered a transformational €1.2 billion acquisition of a major competitor, including a £460 million fully-funded rights issue and a €500 million debt raise.

Before joining Paysafe, Brian was Group Finance Director at Telecity Group plc (with a market cap of £2.3 billion) where he led the IPO of the business in 2007 and raised £400 million in senior debt facilities with major UK institutions. Brian was chosen as Business Week’s Finance Director of the Year in 2017 and 2013 and ICAEW’s FTSE 250 Finance Director of the Year in 2012.

Also a restructuring specialist, Brian was the Interim CFO on the successful turnaround of MCI Worldcom EMEA. Brian holds a law degree and qualified as a chartered accountant with PricewaterhouseCoopers in London.

Martin Brand

Non-Executive Director

Martin Brand is a Senior Managing Director in the Private Equity Group at Blackstone where he leads Blackstone’s private equity investments in financial institutions and co-leads private equity investments in technology. In addition, he is a member of the Investment Committee of Blackstone’s Tactical Opportunities funds.

Since joining Blackstone in 2003, Martin has been involved in the execution of the firm's investments in Optiv, JDA, Viva, NCR, First Eagle Investment Management, Kronos, Ipreo, Knight Capital Group, Lendmark, Exeter Finance, BankUnited, PBF Energy, Performance Food Group, Travelport, New Skies, Cine UK, NHP, Kabel BW, Kabelnetz NRW, Primacom, and Sulo.

Before joining Blackstone, Martin worked as a derivatives trader with Goldman Sachs in New York and Tokyo, and with McKinsey & Company in London.

Martin received a BA/MA in Mathematics and Computation, First Class Honors, from Oxford University and an MBA from the Harvard Business School. He is a director of Kronos, Ipreo, Exeter Finance, Stearns, First Eagle Investment Management, and Lendmark. Martin serves on the Board of Directors of the Park Avenue Armory and the Watermill Center. He is a Trustee of the American Academy Berlin.

Peter Rutland

Non-Executive Director

Peter is a Partner at CVC, he joined in 2007. Peter is Co-Head of CVC's Financial Services Group. He is based in London.

Prior to joining CVC, he worked for Advent International since 2002. Prior to working at Advent, Peter worked for Goldman Sachs in the Investment Banking Division. Peter holds an MA Degree from the University of Cambridge and an MBA from INSEAD.

Peter Christodoulo

Non-Executive Director

Peter Christodoulo is a Partner with Francisco Partners and focuses on investments in the application software and financial technology sectors.

Prior to joining Francisco Partners in 2008, Peter was an Associate with Thomas H. Lee Partners in Boston.  Earlier in his career Peter was an Analyst in the Technology Investment Banking Group of Credit Suisse Securities in New York and involved in several start-up companies.

As well as serving on the Paysafe Board of Directors, Peter also serves as a director on the boards of 2Checkout, Allston Trading, Betterment, Dynamo, NMI and is also involved in FP’s investments in Capsilon and Prosper Marketplace.  He previously served on the boards of eFront, City Index, PayLease, Paymetric and SmartFocus.

Juan Monge

Non-Executive Director

Juan is a Director at CVC, he joined in 2013. Juan is a member of the CVC Financial Services Group and is based in London.

Prior to joining CVC, Juan worked at Actis LLP, where he was a member of the Financial Services team and spent time in both the London and Brazilian office. Prior to that, he worked for McKinsey in Madrid.

Juan holds an MBA from Stanford University.

 

Eli Nagler

Non-Executive Director

Eli Nagler is a Managing Director in the Private Equity Group at Blackstone, where he focuses on investments in the financial services and technology sectors. Since initially joining Blackstone in 2007, Eli has been involved in the execution of the firm’s investments in over ten separate transactions, including Alight Solutions, BankUnited, Bayview Asset Management, Lendmark Financial Services, Paysafe, and Vivint.

He also serves as a Director of Lendmark Financial Services. Before rejoining Blackstone after the completion of an MBA, Eli worked at the United States Treasury Department in the Office of Capital Markets.

Eli received an AB magna cum laude from Harvard College and an MBA with distinction from Harvard Business School, where he graduated as a John L. Loeb Fellow. He is also a Term Member of the Council on Foreign Relations.