LML PAYMENT SYSTEMS

Patrick H. Gaines
Chairman of the Board

Patrick H. Gaines has been the Corporation’s Chief Executive Officer since February 9, 2000 and a member of the Corporation’s board of directors since 1990.    Mr. Gaines has more than 20 years of experience in the development and management of point-of-sale programs, including the publishing, marketing and sales of point-of-sale discount products and credit card programs at the national level.  Mr. Gaines has overseen the Corporation's corporate acquisition strategy and managed the resulting integration and development of products and services including end-to-end check processing solutions and credit, debit and EBT transaction routing and e-commerce solutions.  Mr. Gaines has also guided the procurement, development, licensing negotiations and litigation with respect to the Corporation's intellectual property estate which relates to electronic payment methods. Mr. Gaines' background also includes experience in venture capital.  Mr. Gaines holds a B.A. in Psychology from the University of Victoria. 

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Greg A. MacRae
Director

Greg A. MacRae has served as the President of CSI Capital Solutions Inc., a business administrative services company, since September 1996.  Mr. MacRae has been a director of North Group Limited since July, 2002, Starfire Minerals Inc. since April, 2005 and Shoreham Resources Ltd. since October 2007.  Prior to his position with CSI Capital Solutions Inc., between February 1985 and September 1996, Mr. MacRae was the Senior Account Manager of the Corporate Services Department at Montreal Trust Company of Canada (now Computershare Investor Services Inc.).

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Jacqueline Pace
Director

Since January 2000, Jacqueline Pace has been self-employed as an attorney.  Prior to that, between November 1998 and January 2000, Ms. Pace was employed as an attorney by Baker & Hostetler, and from November 1991 to November 1998, she was employed as an attorney by Pillsbury Madison & Sutro.  Ms. Pace holds a Juris Doctor degree from Emory University School of Law and a Bachelor of Arts degree from The American University.

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David C. Cooke
Director

Mr. Cooke was appointed as a director by the board of directors on May 20, 2009 to fill the vacancy resulting from the demise of the late L. William Seidman, who had been serving as a director of the Corporation since October 13, 1999.  Mr. Cooke spent over 15 years with the Federal Deposit Insurance Corporation (“FDIC”), including serving as the sole Deputy to Mr. Seidman when Mr. Seidman served as the FDIC Chairman.  After leaving the FDIC, Mr. Cooke served as Executive Director of the Resolution Trust Corporation from 1989 to 1992 and then spent 11 years as a senior level consultant in the private sector before returning to the FDIC in 2003 to serve as its Chief Learning Officer in charge of its new Corporate University until his retirement from the FDIC in 2006. Currently, Mr. Cooke is self-employed as an independent consultant in the financial services sector.  He is a Certified Public Accountant and a Chartered Financial Analyst, who brings extensive financial industry experience to LML through his roles in both the public and private sectors.