PATRICK A. ALBRIGHT
A business development executive with a history of generating aggressive growth for emerging/new ventures. Particular strengths include strategic product development and partnership development of new integrated software products, including recent work in blockchain, AI, cyber security and cloud-based products.
MBA from Northwestern University.
Noble Transaction Solutions and PlugNPay 2011-Present
CEO and Founder-NTS, Business Development Executive-PNP
Created Noble Transaction Solutions (NTS) in 2012 to capitalize on convenience fee/surcharging expertise to launch real-time, lowest-cost payment software. Currently used by several major entities in the B2B2C arena. Sold shares and exited upon investment fund raise in 2014.
Served as Business Development Executive for PlugNPay which the main platform provider for NTS and oldest payment gateway in the world. Major initiatives included the development, launch, and sales of a new, end-to-end mobile marketing and payment offering; included both a direct sell program and a dedicated partner sales and marketing program. Launched with three Fortune 500 companies.
Lead consultant/on-going manager to large North American premium finance company; required overseeing team of four different companies and 8 direct managers to implement an integrated offering for two different platforms of the client company. Duties include sales and marketing activities with generation of $1,000,000+ to client’s bottom line.
Created and have managed all day-to-day activities of a separate strategic business development/sales firm since 2011 with focus on the integration of leading-edge technologies with digital marketing capabilities. Focus verticals include manufacturing, healthcare, insurance, fintech and other financial entities.
NELNET TRANSACTION SOLUTIONS 2009-2011 Managing Director & President
Built and oversaw this start-up division within Nelnet, Inc. Managed all aspects of the start-up and oversaw a staff of eight direct reports, and all outside partnerships. Managed rollout of the divisions’ online payment capabilities, data encryption products and all software integrations.
Added three new verticals (medical, utilities, insurance) in addition to the company’s education/government verticals. Generated 100% incremental revenue.
MONERIS SOLUTIONS 2002-2009
Marketing & Business Senior Vice President-Sales, Development
Managed all sales/business development for Moneris Solutions Vertical Group with 12 direct reports.
Oversaw all business development initiatives in the government, education, and insurance verticals; contributed 35% of net profit in 2009 versus 1% in 2005.
Signed eight major new partnerships in 2007-2009 including major software providers in the government, education, medical, and insurance arenas
MORGAN STANLEY 1995-2002
DATACO, L.L.C. (A Morgan Stanley Investment) 1999-2002
Chief Operating and Marketing Officer
Oversaw all major day-to-day functions for a data analytics firm that grew from two people to 23 people in less than three years; firm is still in existence.
Oversaw key partner development programs including four Fortune 500 companies resulting in sales increasing greater than 100%.
MORGAN STANLEY, DEAN WITTER & CO. (SPS Group) 1995 - 1999
Vice President-New Product Development and Marketing
Promoted to this newly created officer position to capitalize on my strategic capabilities; youngest officer in company; promoted two years after joining the company.
Managed a multi-functional, cross-divisional initiative with the objective of developing integrated market-place solutions; first time done in company history resulting in three new Fortune 500 partners.
Director-Industry Marketing (Network Transactions Services division)
Conducted total analysis of division business plan strategy; made recommendations resulting in major strategy changes which resulted in a 100% increase in the growth rate of the division in three years. Oversaw all product and industry development for a staff of 24 people, including P & L responsibility.
Lead business development executive on NTS team, which received the 1996 Dean Witter Discover Chairmen’s Cup; an award based upon divisional performance.
J.L. KELLOGG GRADUATE SCHOOL OF MANAGEMENT, NORTHWESTERN UNIVERSITY, MBA, with concentrations in Marketing and Management Policy. GPA: 3.65/4.0.
UNIVERSITY OF WISCONSIN, Bachelor of Science, degree in Economics and History; GPA: 3.7/4.0.