Steve Keating - Chairman
Steve founded Privet Capital in 2008 to focus on mid-market investment in special situations. Steve has over 25 years’ experience in investing in, fixing and growing SME businesses. Prior to founding Privet, Steve spent 10 years working in 3i’s buyout and turnaround teams. Before 3i, Steve worked for nine years in Deloitte’s Corporate Recovery and Restructuring divisions. Steve is a founding member and Fellow of the Institute for Turnaround. He holds an MA in Physics from the University of Cambridge.
Barrie Foley - CEO
Barrie joined CPS in November 2019. An Electrical and Electronics Engineer by background, Barrie has many years of experience across a number of international markets where he has worked for blue chip companies including Exxon, Mars, Smiths, and Invensys. Latterly, he has also accumulated significant experience of working with Private Equity owners. Much of Barries’s recent history has been in building stakeholder relationships, leading major projects and successfully developing and implementing growth strategies.
Deon Fuhri – Managing Director, Middle East and Africa
Deon Fuhri is Managing Director, Middle East and Africa based in South Africa. Deon brings a wealth of international and Board level experience in construction and manufacturing as well as cash processing and CIT. He is a transformational and entrepreneurial leader and has recently been focused on a strategic transformation and restructuring project as the CEO of Kwikspace Modular Buildings based in Johannesburg. Deon has lived in the Middle East and therefore has an excellent understanding of the different type of cultures in his region.
Shawn Ashdown - Managing Director, Asia Pacific
Having spent much of his career working in cash processing operations, Shawn has an in depth understanding of the processes involved in managing cash as well as the priorities and challenges faced by Central Banks, Commercial banks and CITs. Shawn started his career working for a commercial bank in its cash processing centre in South Africa. He then worked for a CIT company that began cash processing operations in the early 90’s. During the 17 years with this company Shawn managed various operations as well as projects from implementing cash processing software to re-engineering the cash processes. Shawn then moved to CPS where he spent ten years managing the Africa region until recently where he is now responsible for the Asia and Pacific regions.
Darren Wick – Managing Director, The Americas
Darren is responsible for the Americas region. Darren joined CPS in February 2015 in the role of Operations & Supply Chain Director. In this role, he was responsible for the full operations and supply chain process for all CPS products.
Darren has more than 15 years experience in manufacturing and held senior positions in global sourcing, supply chain, program management and operations management. Prior to joining CPS he was Program and Supply Chain Director at Analogic, a medical and security products manufacturer, where he managed the transfer and localisation of medical equipment production lines from the United States to a purpose built facility in China. Darren has also held roles in the automotive and industrial sectors where he established international purchasing offices in China and India.
Shay Ness – Managing Director, Europe and CIS
Shay joined Cash Processing Solutions in 2012 and has served in a variety of sales roles across Europe and the Americas. With over 29 years’ experience in banking technologies, including the cash & cheques processing industry, he is responsible for Sales and Service in Europe and CIS. Shay previously served in a variety of senior positions in the Israeli telecom industry including Managing Director of Solo Communication and COO for Dai Telecom in which he introduced and implemented innovative service and logistics methodologies. Prior to this, in 1999 Shay became CEO of Banktec Ltd, a leading banking solutions provider in Israel, a company he acquired in 2004 and led for over 6 years to become the market leader in cash management and processing solutions.
Keith Williamson – Marketing and Product Management Director
Keith has been appointed the Marketing and Product Management Director in May 2020, having spent the previous 3 years as FRB Program Director where he oversaw the development of new innovative hardware and software solutions for the US Federal Reserve Bank. In this new role Keith will be responsible for all CPS Marketing activities as well as the long term product roadmap for the business.
He has been with Cash Processing Solutions for over 12 years fulfilling a number of roles in Product Management, Marketing, Technical Sales and Commercial Management. During his time with CPS he has gained a broad experience and knowledge of the complete cash cycle as well as the inner workings of cash processing environments.
Previous to joining CPS, Keith worked for 10 years in the electronics industry, where he was responsible for Product Management and Marketing of Solutions involving major manufacturers like Samsung, Philips, and Motorola.
Jamie Cockerell - Managing Director, Software Solutions
Jamie is responsible for managing and driving forward our software solutions business, which includes our market-leading cash supply chain platform ECM™ - the most widely used cash management platform in the world. Jamie has a huge wealth of experience in the industry, working with over 100 central banks and commercial cash processing organisations across the globe.
Jamie joined CPS in 1995 and has held various positions within our software business during that time. Most recently Jamie was Head of Professional Services at CPS, where he led a team of specialist business & software consultants who work in partnership with central banks and commercial processors across the world to deliver to transformational solutions that bring positive impacts on the cash cycle, and processing operations.
Graham Watson - Global Head of Human Resources
Graham joined CPS in July 2021 and brings extensive international human resource management and organisation development expertise to our teams.
His career has taken him to many places around the world, living and working in Greece, West Africa and Singapore. Before joining CPS, Graham held senior HR & OD roles with Plan International, The British Council, Intels Oil & Gas Logistics, UK Government, BOC/Linde Engineering and the Tui Travel Group Plc.
Graham holds professional qualifications and memberships of the Chartered Institute of Personnel & Development, Chartered Management Institute and the British Psychological Society (Division of Occupational Psychology).
Dara Beggan - Technical Services Director
Dara has worked with CPS since 1990, first as manager of the Irish business, then as European Service Director then Global Service Director. Dara currently holds the position of Technical Services Director and is responsible for the global infrastructure, standardisation and knowledge support required for service delivery to our customers.
Dara has accumulated a wealth of knowledge in the cash processing industry, and as a former regional manager for De La Rue Currency he also brings an in-depth knowledge of banknotes and the total cash cycle. Originally qualifying in Electronic Engineering and later obtaining a Masters in Business Administration, Dara’s focus is on driving operational performance in field service, motivating and developing our service teams, delivering critical value to our client base and developing innovative service solutions, including some of the largest support contracts for CPS across the globe.
Paul Watson - Chief Operating Officer
Paul joined Cash Processing Solutions in 2021, and is an accomplished, commercially focused board level Chief Operating Officer who excels within international markets and complex global organisations. He started his career as an Electronics Engineer working in the defence industry and has extensive experience and proven success operating at multiple levels within bespoke, technologically advanced electro-mechanical product environments. Paul has lead strategic roles in private equity backed organisations, transforming global business operations using Lean Manufacturing and Six Sigma to improve customer service levels whilst enhancing financial performance and product quality. Paul's experience spans the entire value chain, successfully embedding Lean Manufacturing, redesigning key processes, and delivering excellence in research and development, supply chain management, manufacturing, total quality, and customer service. With extensive focus on project and programme management Paul is known for developing successful teams who reliably deliver customer excellence on time, time after time.
"CPS is a critical partner to our business. Their ECM™ BI software and sorting machines, supported by a service and maintenance programme makes up our fully integrated solution, which has enabled us to increase throughput and efficiency."
"The 7000™ QC is used in our inspection of new banknotes in addition to the inspection and analysis of the quality of banknotes in circulation and in quality verification and destruction of unfit banknotes. This combination is cost effective for us and gives us good flexibility, and we are overall very satisfied with the solution."