True Visionaries and Trusted Experts

We’ve built a collaborative leadership team who offers considerable expertise in all facets of finance, technology, and solutions development.

Our leaders come to PayNet from diverse backgrounds, but they all share a commitment to expanding our culture of knowledge. A passion for research and an aptitude for action give us deep insight into client challenges.

PayNet Corporate Management

 

 

WILLIAM PHELAN photo

President and Co-Founder

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PAUL TENNOLA photo

Chief Financial Officer

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THOMAS WARE photo

Senior Vice President, Analytics and Product Development

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CRAIG ODEGAARD photo

Vice President Technology and Operations

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RISSA REDDAN photo

Senior Vice President, Marketing

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WILLIAM PHELAN

President and Co-Founder

William Phelan co-founded PayNet in 2000 with the belief that when commercial lenders are assured of risks, they’re more likely to make credit available, unlocking opportunity for small businesses. As president, Mr. Phelan oversees sales, marketing, analytics and information technology across the U.S. and Canada.

PAUL TENNOLA

Chief Financial Officer

Paul Tennola’s responsibilities include financial management, strategic planning, corporate finance, accounting, and investor relations. For over 28 years, Mr. Tennola has held a variety of financial leadership positions specializing in corporate strategy, finance, operations and M&A/corporate development.

THOMAS WARE

Senior Vice President, Analytics and Product Development

Thomas Ware has 20 years’ experience in banking and equipment finance, including as Senior Vice President, Operations & Chief Credit Officer of American Express Equipment Finance. Mr. Ware became acquainted with PayNet as a potential customer, while serving as Vice President & General Manager of a billion-dollar business unit at CNH (Case) Capital Corporation.

CRAIG ODEGAARD

Vice President Technology and Operations

Craig Odegaard is responsible for the management and oversight of information technology and operations related to development, integrations, operations, infrastructure, quality and corporate security. He is instrumental in helping PayNet introduce new products to new markets, grow in current markets and enhance technology capabilities.

RISSA REDDAN

Senior Vice President, Marketing

Believing that marketing is both an art and science, Rissa Reddan demonstrates a range of talents from the creative to the quantitative to board governance. With a penchant for bold decision-making and the versatility to translate complicated topics into simple ideas, Ms. Reddan connects, creates, and coaches for success.