Sage Software, the North American business of the Sage Group, named Bob Bennett as president of its Sage Payments Solutions division and Bill Wade as vice chairman of the same division.
Bennett will be responsible for managing all of Sage Software's North American payment solutions business, including its credit card operations based in Virginia and its check operations based in Florida.
Former SPS president Bill Wade is taking on the new position of vice chairman of SPS. He will be responsible for business development, acquisition opportunities and expanding the reach of payment management services to regions around the world where the Sage Group operates.
In addition, Christian Fadel, formerly SPS senior vice president of finance, has been named chief financial officer for SPS, reporting to Bennett.
Bennett was most recently chief operating officer of SPS credit card operations, and was president of Verus Card Services prior to the acquisition of Verus Financial Management by Sage Software in February 2006. Prior to joining Verus, Bennett was president of MIC Inc., a systems integration company based in Arlington, Va.
Wade was most recently president of SPS. Prior to the acquisition of Verus Financial Management by Sage Software, he served as executive vice president, corporate secretary and board member of Verus.
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