Mpower1 Executive Team
Mpower1 retains or employs technical and operational staff with a wide range of expertise in software, design, sales, account management, finance and administration.
These staff members are frequently utilized to complement and supplement Mpower1’s subsidiary business operations.
Mpower1 are supported on a day-to-day basis by the resources of a City of London law practice and an accounting practice.
The principals of both operations are available to Mpower1 to provide advice and guidance as required. In addition, the principals’ experience in growing companies’ international presence has resulted in access to a network of professionals around the world.
Mpower1 benefits from Pete Loveless' wealth of operational experience managing and supporting each of the company’s separate businesses. Pete’s experience extends through the complete software lifecycle from new start-up projects to managing established operations. Pete has held various senior management positions before joining the Mpower1 team including fulfilling the roles of Managing Director for both of the Financial Objects Division’s (activebank & IBIS/S2). Pete was the Operations Director of an international banking software company prior to Financial Objects.
Mpower1 benefits from Malcolm Carroll’s strong sales and management experience. Malcolm and Ian Leeper were joint owners and joint Managing Directors of Global Financial Systems (“GFS”), a highly successful supplier of banking systems to the European and U.S. markets. In August 1999, GFS was sold to Financial Objects. Prior to founding GFS in 1991, Malcolm was Sales Director of Management Technologies Inc. and was responsible for all sales in Europe, Africa and the Middle East. Previously, Malcolm spent five years with General Electric in their computer services division, GEISCO, and prior to that at Dupont where he spent five years. In 2002, Malcolm Co-founded Mpower1.
A highly experienced senior executive, Simon Theobald has developed unique industry and management skills gained in business and IT over the last 25 years. His experience ranges from being integral in the implementation of the first payment card systems in the UK to successfully leading as Chief Executive Officer, a multi-million pound public (NASDAQ) software company. Through the successful implementation of a strategic business plan, Simon guided this company from recording annual losses to achieving significant recurring revenue (turnover) growth within a closely managed cost structure, plus consistently improved positive net margins leading to positive cash flow. In 2002 Simon Co-founded Mpower1. Previously, Simon was invited to be joint founding member of the Young Entrepreneurs Organisation (YEO) for the UK. Simon served on the committee and as head of ‘Forum’.