Management Team

Chairman and Chief Executive Officer
Carl Grimstad has been Chief Executive Officer since January 2020. Mr. Grimstad is currently the chief manager of C. Grimstad Associates, LLC, a family private investment entity formed in 2006, and the managing partner of GS Capital, LLC, a family private investment company formed in 1995. In 1999, he co-founded iPayment Inc. (“iPayment”), a provider of credit and debit card payment processing services to small and medium-sized merchants across the United States and Canada. He acted as the president of iPayment until 2011, when he became the Chairman and Chief Executive Officer of the company until 2016. Under his leadership, iPayment closed an initial public offering in 2003 and then went private in 2006. Mr. Grimstad serves on the board of directors of Beauty Tap Inc. and Kard Financial Inc. He graduated with a B.A. in Economics from Boston University in 1989.
Chief Financial Officer and Chief Accounting Officer
Leo Bogdanov has been Chief Financial Officer and Chief Accounting Officer since May 2020. Prior to his appointment, Mr. Bogdanov was the Director of Financial Planning & Analysis for the Company from January 2019 to May 2020, and held the same role at BiteSquad.com, LLC (“Bite Squad”) from March 2018 until the Company’s acquisition of Bite Squad in January 2019. From September 2008 until joining Bite Squad, Mr. Bogdanov held various roles within the Deals practice of PriceWaterhouseCoopers LLP, focusing on advising corporate and private equity clients on both buy- and sell-side transactions across a variety of industries. Mr. Bogdanov is a CPA and received a Bachelor of Business Management from Gettysburg College.
Chief Sales Officer
Mark D’Ambrosio has served as Chief Sales Officer since July 2020. Mr. D’Ambrosio has extensive experience with sales organizations, previously serving as Executive Vice President of Sales at Centerfield Media from 2017-2019 where he focused on sales performance, training, agent development and recruiting. Prior to Centerfield, Mr. D’Ambrosio served as the Senior Vice President of Direct Sales for iPayment, Inc. from 2014-2017 where he managed direct, agent and high-risk sales. Mr. D’Ambrosio also held various sales roles at Flagship Merchant Services, Inc. for over 10 years. Mr. D’Ambrosio holds a Bachelor of Arts from Colby College.
Chief Engagement Officer
David Cronin has served as Chief Engagement Officer since July 2020. Mr. Cronin has a strong record of achievement within the Human Resources function across multiple industries. Mr. Cronin previously served as Executive Vice President and Chief Human Resources Officer at iPayment, Inc. from 2011-2018. Mr. Cronin also served as Vice President of Human Resources at Caritas Christi Health Care from 2009-2010 and Cape Cod Healthcare, Inc. from 2005-2009, and served as a Principal at The WellSpring Group, an HR consulting firm, from 2001-2005. Mr. Cronin holds a Master of Science from Northeastern University and a Bachelor of Science from the United States Military Academy at West Point.
General Counsel
Thomas C. Pritchard has served as General Counsel since July 2020. Mr. Pritchard has been engaged in the private practice of law for over 35 years, with extensive experience in advising public and private corporations and individuals engaged in a variety of financial and business transactions, including merger and acquisition transactions, private and public offerings of debt and equity securities, Securities and Exchange Commission regulatory compliance, board and special committee representation, and a wide variety of business advice. Mr. Pritchard holds a Juris Doctor from Southern Methodist University School of Law and a Bachelor of Arts from Northwestern University.

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