FENTON, Mo., March 13, 2012 /PRNewswire/ -- James Menadier has been named president of InteliSpend Prepaid Solutions, an independent entity within Maritz Holdings, Inc. Effective immediately, he will assume the day-to-day operational responsibilities for the organization. Most recently Menadier served as president of Maritz Motivation Solutions, part of the Maritz family of companies.
"I am thrilled that Jim is coming back to InteliSpend," Darryl Hutson, CEO, said. "He's been an integral part of our company since its inception in 1997 and a big reason for the success we've experienced. The prepaid space is chock-full of opportunity and I'm confident that Jim is the right person to lead us into growth areas."
Menadier began his career with American Express and held numerous financial, analytical and leadership roles. Very significant was his final role prior to joining InteliSpend. He was the financial representative on the American Express negotiations team that helped create the joint venture between American Express and Maritz.
During his time with InteliSpend (originally known as American Express Incentive Services), he held many leadership roles, including vice president, finance and administration; chief financial officer; and general manager and chief operating officer. One of Menadier's final responsibilities as GM and COO was to help negotiate the change in ownership, resulting in what is now known as InteliSpend.
In February 2010, Menadier transferred to Maritz to serve as the president of Maritz Motivation Solutions. There he helped develop a long-term growth strategy within the motivation and rewards space. Never far away from the prepaid business he helped grow, Menadier served as an InteliSpend board member during his time at Maritz.
Menadier earned his undergraduate degree in business administration from Rutgers University, Newark College of Arts and Sciences, an M.B.A. in finance from Fordham University Graduate School of Business Administration, and has served on Loyalty 360's Board of Advisors.
About InteliSpend: InteliSpend Prepaid Solutions, LLC, an independent entity within Maritz Holdings, Inc., is an issuer and reseller of American Express®- and Discover®-branded prepaid products, and a program manager for MasterCard and Visa. InteliSpend provides businesses with prepaid solutions, including stored-value cards, online reward management technology, and program management. Its products address a broad array of applications, such as employee reward and recognition, sales incentives, expense management, and consumer promotions. InteliSpend is headquartered in Fenton, Missouri, and is a licensee of U.S. Patents 5,689,100 and 5,956,695 and Canadian Patent 2,215,969.
About Maritz Motivation Solutions: Based in St. Louis, Maritz Motivation Solutions is part of the Maritz family of companies. It offers full-service reward and recognition, sales incentive and channel loyalty programs to U.S. and global companies. Maritz Motivation Solutions delivers best-in-class rewards and fulfillment services, including purposefully chosen merchandise and experiences that excite, motivate and recognize people. The people who work for Maritz Motivation Solutions are dedicated to being the best in the business, fun to work with, and their clients' most valuable ally. For more information, visit www.maritzmotivationsolutions.com or call 1 877 4-Maritz (1 877 462-7489).
SOURCE InteliSpend Prepaid Solutions, LLC