Management - ePlus inc.

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ePlus is managed by a team of experienced executives guided by an independent Board of Directors.

The principals have extensive experience in the sales, service, and financing of hardware, software, and technology services. The officers and members of the board bring to ePlus expertise gained in management positions at companies such as Textron, Computer Sciences Corporation, Telesciences, BDM International, LCC International, Comsat, and MCI Communications.

ePlus' success and growth are driven by our management's vision, clearly-defined goals, and dedication to providing our customers with leading-edge technologies and services to solve their business process management needs and gain and maintain a competitive edge.

Management

Phillip G. Norton

Chairman, CEO and President

Bruce M. Bowen

Director & EVP, President of ePlus Group, Inc.

Elaine D. Marion

Chief Financial Officer

Steven J. Mencarini

SVP, Business Operations

Kenneth G. Farber

President, ePlus Systems & ePlus Content Services

Kleyton L. Parkhurst

SVP and Asst. Secretary

Mark P. Marron

SVP, Sales

Outside Directors

C. Thomas Faulders

President & CEO, University of Virginia Alumni Association

Terrence O'Donnell

Partner, Williams & Connolly

EVP & General Counsel, Textron Corporation

Lawrence S. Herman

Managing Director, BearingPoint, Inc.

Milton E. Cooper, Jr.

Retired, CSC Corporation

Eric D. Hovde

Chief Executive Officer, Hovde Capital Advisors LLC

Irving R. Beimler

Portfolio Manager, Hovde Private Equity Advisors LLC


Management  

Phillip G. Norton

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Mr. Norton joined the company in March 1993 and has since served as chairman of the board and chief executive officer. Mr. Norton focuses on company strategy, e-commerce execution, partnerships, and overseeing the sales and marketing arm of the business. An entrepreneur who has successfully managed large companies, he started Systems Leasing Corporation in 1978 and sold it to PacifiCorp in 1985. At the time of his departure in 1990, PacifiCorp held assets of over $800 million and was one of the largest third-party lessors in the country. Mr. Norton is a 1966 graduate of the U.S. Naval Academy.

Bruce M. Bowen

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Mr. Bowen founded ePlus in 1990 and serves as its executive vice president, as well as president of ePlus Group, Inc., its leasing company subsidiary responsible for Finance+. Mr. Bowen has over 20 years of finance industry experience and is an expert in federal and municipal government finance. From 1982 through 1990, Mr. Bowen was senior vice president of PacifiCorp Capital, Inc. He is a 1973 graduate of the University of Maryland and received a Masters of Business Administration from the Robert H. Smith School of Business at the University of Maryland in 1978.

Elaine D. Marion

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In 2008 Ms. Marion was promoted to Chief Financial Officer. Since 2004 she had served as Vice President of Accounting for ePlus inc., after having joined the company in 1998 as the Controller of ePlus Technology, inc., a subsidiary of the company. Prior to joining ePlus Technology, inc., Ms. Marion was General Manager, of Bristow Development Corporation, a land development company. Ms. Marion holds a Bachelor’s of Science degree with a concentration in Accounting from George Mason University.

Steven J. Mencarini

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Mr. Mencarini joined the company in June of 1997 as senior vice president and chief financial officer. In 2008, Mr. Mencarini moved into a new role leading the company’s operations as Senior Vice President of Business Operations. Mr. Mencarini was controller of the Technology Management Group of Computer Sciences Corporation ("CSC"), a New York Stock Exchange company and one of the nation's three largest information technology outsourcing organizations. Prior to working at CSC, Mr. Mencarini was vice president of finance of PacifiCorp Capital from 1981 to 1991, and was a senior auditor at Deloitte, Haskins & Sells from 1979 to 1981. Mr. Mencarini is a 1976 graduate of the University of Maryland and has a Masters of Taxation from American University.

As President of ePlus Software Solutions, Mr. Farber is responsible for the daily operations, development, sales, client support and strategic product planning for ePlus Systems, Content and Document Systems. Mr. Farber joined ePlus in May 2001 with ePlus' acquisition of ProcureNet, where he was Executive Vice President of Business Development and Marketing.  Prior to ProcureNet, Mr. Farber was Senior Vice President of Computer Associates International, Inc. for 12+ years in various senior management positions, including Worldwide Partnerships, Analyst Relations, Development and Marketing. Mr. Farber also held management positions with Chemical Bank and Sterling Drug and is a 25 year veteran of the software industry with extensive experience in various disciplines of information technology management and consulting.

Kleyton L. Parkhurst

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Mr. Parkhurst joined the company in May 1991 and currently serves as senior vice president of corporate development.  Mr. Parkhurst heads the company's marketing department, and oversees all of ePlus' public relations, investor relations, marketing, and strategic initiatives including M&A.  From 1988 through 1991, Mr. Parkhurst was an assistant vice president of PacifiCorp Capital, Inc, and was formerly with Manufacturers Hanover Trust Company of New York.  He is a 1985 graduate of Middlebury College.

Mark P. Marron

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Mr. Marron is senior vice president of sales for ePlus. A 20-year industry veteran, he was formerly with NetIQ where he held the position of senior vice president of worldwide sales. Prior to joining NetIQ, Mr. Marron served as general manager of worldwide channel sales for Computer Associates International Inc., a provider of software and services that enable organizations to manage their IT environments. Mr. Marron has extensive experience throughout North America, Europe, the Middle East, and Africa and holds a B.S. in Computer Science from Montclair State University.


Board of Directors

[A]: member of the Audit Committee of the Board of Directors

[B]: member of the Compensation Committee of the Board of Directors

[C]: member of the Nominating and Corporate Governance Committee of the Board of Directors

Phillip G. Norton

Bruce M. Bowen

Terrence O'Donnell, A and C

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Terrence O'Donnell joined the ePlus Board of Directors in November 1996 upon the completion of the company's initial public offering. Mr. O'Donnell is Executive Vice President and General Counsel of Textron, Inc. and a partner with the law firm of Williams & Connolly LLP in Washington, D.C. Mr. O'Donnell has practiced law since 1977, and from 1989 to 1992 served as General Counsel to the U.S. Department of Defense. Mr. O'Donnell presently also serves as a Director of IGI, Inc., an American Stock Exchange company. Mr. O'Donnell is a 1966 graduate of the U.S. Air Force Academy and received a Juris Doctor from Georgetown University Law Center in 1971.

C. Thomas Faulders, III, A and B

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C. Thomas Faulders, III joined the ePlus Board of Directors in July 1998. Mr. Faulders is President and CEO of the University of Virginia Alumni Association.  From 1999 to 2005, Mr. Faulders was Chairman and CEO of LCC International, Inc., and was Chairman of Telesciences, Inc., an information services company, from 1998 to 1999.  From 1995 to 1998, Mr. Faulders was Executive Vice President, Treasurer, and Chief Financial Officer of BDM International, Inc., a prominent systems integration company.  Mr. Faulders is a member of the Board of Directors of United Defense Inc., Analex Corporation, and Universal Technology and Systems, Inc.  He is a 1971 graduate of the University of Virginia and in 1981 received a Masters of Business Administration from the Wharton School of the University of Pennsylvania.

Lawrence S. Herman, A, B and C

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Lawrence S. Herman joined the ePlus Board of Directors in March 2001. Mr. Herman is one of BearingPoint's most senior Managing Directors and is responsible for managing the strategy and emerging markets in the company's state and local government practice. During his career, Mr. Herman has specialized in developing, evaluating, and implementing financial and management systems and strategies for state and local governments around the nation. Mr. Herman has been with BearingPoint for over thirty-eight years. He has directed systems integration projects for state and local governments, and several statewide performance and budget reviews for California, North Carolina, South Carolina, Louisiana, Oklahoma, and others, resulting in strategic fiscal and technology plans. He is considered to be one of the nation's foremost state budget and fiscal planning experts. Mr. Herman received his B.S. degree in mathematics and Economics from Tufts University in 1965 and his Masters of Business Administration in 1967 from Harvard Business School.

Milton E. Cooper, Jr., B and C

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Mr. Cooper joined the Board of Directors on November 8, 2003.  From 1992 to his retirement in 2001, he served as President, Federal Sector, of Computer Sciences Corporation (NYSE: CSC), one of the largest federal government integrators and a leading supplier of customer software for aerospace and defense applications.  Mr. Cooper is the immediate past Chairperson for the Secretary of the Army’s National Science Center Advisory Board and continues to serve on the board of Directors of the National Science Center.  Prior to joining CSC, Mr. Cooper was with IBM Corporation, Telex Corporation, and Raytheon, and is a 1960 graduate of the U.S. Military Academy at West Point.  Mr. Cooper has been active in local charities such as Chairman of the Fairfax/Falls Church United Way Campaign and has received numerous industry awards.

Eric D. Hovde, B and C

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Mr. Hovde serves as Chief Investment Officer of Hovde Private Equity Advisors LLC, where he directs the company’s investment process and provides oversight to portfolio companies for the firm’s private equity fund, Financial Services Partners Fund I. Prior to the formation of the private equity fund, Mr. Hovde led the firm’s affiliated merchant banking activities, using the firm’s proprietary capital to acquire numerous controlling interests in banks, thrifts and other nonbank financial services companies. Mr. Hovde has also served as a director on numerous bank and thrift boards and currently serves as the Chairman of Sunwest Bank in Orange County, California.

Irving R. Beimler, A and C

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Mr. Beimler is Portfolio Manager of Hovde Private Equity Advisors LLC, and is responsible for sourcing and implementing private placements for Hovde's Private Equity and merchant banking funds. Specific areas of concentration are the banking, thrift, leasing and specialty finance sectors. Mr. Beimler also oversees the investment funds' on-sight due diligence efforts and is actively involved in overseeing and managing Hovde Acquisition’s private equity investments. Prior to joining the Hovde organization in 1997, Mr. Beimler served in numerous senior managerial roles during his 25-year banking career. Positions have included Executive Vice President and Chief Credit Officer for Fleet Bank of New York, a $10 billion commercial bank, and Riggs National Corporation, a $6 billion commercial bank in Washington, D.C.