LEADERSHIP

Market leadership experience with a proven track record of operational capability

Ken Stannard

Executive Director and Chief Executive Officer of the Cabot Credit Management Group

Mr Stannard joined the Marlin Group in 2012 and was named Chief Executive Officer of the group on 13 February 2014. Mr Stannard holds an MBA from INSEAD and both an MA and a BA in Engineering Science from Oxford University.

Previously he was Director of Credit Cards at Lloyds Banking Group, Managing Director at Capital One UK, CEO of Nedcor/CO and Head of European Operations at American Express.

 Welcome to Cabot

Ken Stannard, CEO Cabot Credit Management, gives us an overview of Cabot Credit Management and an insight into its operations.

 

 

Craig Buick

Executive Director and Chief Financial Officer

Craig Buick joined Cabot Credit Management in January 2016 as Chief Financial Officer.

Between 2002 and 2015 he held a number of senior finance and audit roles with GE Capital, including CFO of GE Money Italy and Managing Director for GE Capital International.

Craig Buick qualified as a chartered accountant in Australia with Pricewaterhouse and holds a Bachelor of Economics (Commerce) degree from Adelaide University.

 

Paul Grinberg

Non-Executive Director, Chair

Mr. Grinberg was appointed as a Non-Executive Director in May 2013 and has been the Chief Financial Officer, Executive Vice President, and Treasurer of Encore Capital Group since May 2005. He served as Secretary of Encore from June 2008 until January 2010, and from September 2004 until May 2005, he served as Encore’s Senior Vice President of Finance.

Prior to joining Encore, Mr. Grinberg was the founder and President of Brio Consulting Group, a company that helped venture and private equity backed companies with financial strategy, M&A and related services. From May 2000 until April 2003, Mr. Grinberg served as Chief Financial Officer of Stellcom, Inc., a systems integration firm focused on providing mobile and wireless engineering solutions to Fortune 1000 companies. From February 1997 until April 2000, Mr. Grinberg served as Executive Vice President and Chief Financial Officer of TeleSpectrum Worldwide, Inc., a publicly traded company that provided outsourced call centre solutions to Fortune 500 companies. From September 1983 until January 1997, Mr. Grinberg was employed at Deloitte & Touche LLP, where he served in several capacities, including as a partner in the firm’s Merger and Acquisition Services Group. Mr. Grinberg also serves as a director, Chairman of the audit committee, Chairman of the compensation committee and member of the nominating committee of Bank of Internet USA, an FDIC insured branchless bank.

Mr. Grinberg received his bachelor’s degree in accounting from Yeshiva University in 1983 and his MBA from Columbia University in 1989.

 

Ashish Masih

Encore Capital Group’s President and Chief Executive Officer

Mr. Masih was appointed as a Non-Executive Director of Cabot Credit Management Group in 2017. Mr. Masih has been the President and CEO of Encore Capital Group since June 2017, and between 2009 and 2017 held various roles at Encore.

Previously, as President of Midland, Mr. Masih was responsible for internal call centres, decision science, legal collections, marketing, and all other domestic operations. He also oversaw Encore’s Asset Reconstruction Company, which is now operational and is purchasing debt portfolios in India. Prior to this at Encore, he served in three roles over time: Executive Vice President, U. S. Debt Purchasing Operations, Senior Vice President of legal collections operations, and Senior Vice President of corporate development. Prior to joining Encore, Mr. Masih was Vice President at Capital One Financial Corp., where he held senior roles in collections and recoveries among other roles. Prior to joining Capital One, Mr. Masih was an Associate Principal at McKinsey & Company and a Manager at KPMG Consulting.

Mr. Masih earned an MBA from The Wharton School of the University of Pennsylvania, a Master of Science in Manufacturing Systems Engineering from Lehigh University and a bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, New Delhi, India.

 

Norman Sorensen

Independent Non-Executive Director

Mr. Sorensen was appointed as Non-Executive Chairman in March 2014 and he has served as an Independent Director of Encore since December 2011.

Mr. Sorensen is former Chairman of the International Insurance Society and has also served as Chairman of the International Advisory Council of Principal Financial Group. He was Chairman of Principal International, serving from 2011 to 2012, and President and Chief Executive Officer of International Asset Management and Accumulation of the Principal Financial Group, serving from 2001 to 2011. He also served as Executive Vice President of both Principal Financial Group, Inc. and Principal Life Insurance Company from 2007 to 2012, and has held a number of other senior management positions dating back to 1998.

Mr. Sorensen served as a senior executive of American International Group, Inc. (insurance services) from 1989 to 1997. He is also a former Chairman of DE Master Blenders, a Senior Advisor to Deloitte LLP and a Senior Advisor to Prudential PLC.

 

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The Cabot Credit Management Group incorporates: