Management Team

Adnane Charchour

President & Chief Executive Officer

As President & CEO of Scivantage, Adnane Charchour brings leadership, depth, experience, perspective and vision. With a distinguished and proven track record in the Financial Industry, Mr. Charchour helps Scivantage achieve its goals in providing superior technology based products and services in the broker-dealer space.

Mr. Charchour joined the firm from Fleet Securities, Inc., a leading clearing firm. As an officer and part of the technology executive team, he led the firm's e-technology strategy in the U.S. and abroad. Mr. Charchour ran an organization of over 60 people and was part of a handful of executives that launched SURETRADE.COM, a full end-to-end eBrokerage firm and a wholly owned subsidiary of Fleet Boston Financial. He repeated this success by helping many national and international banks and fund companies build online brokerage arms, including Fleet Bank and Strong Capital Management.

Prior to Fleet Securities, Mr. Charchour held various positions of responsibility at Automatic Data Processing/Brokerage Services Group (ADP) where he acquired a keen understanding of the ADP Back Office solution offering.

Mr. Charchour completed the Security Industry Institute program at Wharton School of Business at the University of Pennsylvania and earned his B.Sc. with Honors in Computer Science from St. John University in Queens, New York.

Rany Chacar

Senior Vice President, Deployment Services

As Senior Vice President, Deployment Services, Rany Chacar oversees Scivantage's strategic direction as the firm develops a suite of products and services for the brokerage industry. Mr. Chacar brings a proven ability to lead Scivantage in innovating and executing its strategic plan as well as depth in front office and back-office business and technology expertise.

Mr. Chacar joined the firm from Fleet Securities, Inc., where he was a Vice President in charge of the firm's Core Internet Services. In that capacity, Mr. Chacar worked closely with the senior management of established brokerage firms as well as new entrants to understand their vision and deliver strategic and tactical technology solutions to achieve them. Previously, Mr. Chacar held various positions of responsibility at Salomon Smith Barney where he last led the development and implementation of Salomon's Internet strategy and helped introduce, Salomon DIRECT, a breakthrough Internet sales channel as early as 1995. Prior to the Internet age, Mr. Chacar played a key role in developing Salomon's trading floor technology and automating their trading floor.

Mr. Chacar received, as a Stern Scholar, an MBA in Finance and International Business from New York University, an M.S. in Computer Science from Columbia University, and a Diplôme d'Ingénieur from the Ecole Centrale de Lyon in France.

David Hagen

Senior Vice President, Chief Marketing Officer

David Hagen, Senior Vice President and Chief Marketing Officer (CMO), is responsible for Scivantage’s global inbound and outbound marketing functions, with primary emphasis on building value in the company’s brand and developing integrated marketing programs that drive growth across all products and services. In that role, Mr. Hagen oversees all brand management, demand generation, and product marketing, as well as product positioning, client acquisition and retention, public relations, telemarketing and integrated marketing communications designed to reach financial services customers worldwide.

Mr. Hagen joined Scivantage in January 2007 as Vice President, Marketing, and has played an integral role in the development and execution of the marketing strategy that transformed and expanded the Scivantage brand into a recognized leader within the online brokerage and wealth management markets.

Mr. Hagen brings more than 15 years of marketing, technology and financial services experience to his position. Prior to joining Scivantage, Mr. Hagen was the Director of Product Marketing & eBusiness Strategy for Rydex Investments, a $15B asset management firm focused on alternative investment products. At Rydex, Mr. Hagen was a member of the senior marketing leadership team with responsibility for driving product marketing efforts for Rydex’s alternative investment, ETF, variable annuities and managed accounts business lines. In addition, he oversaw all firm-wide web properties and digital initiatives. Prior to Rydex, Mr. Hagen was the Vice President, Product Marketing at Thomson Financial, where he launched Thomson’s broker desktop platform and oversaw marketing for all retail wealth management products, including Thomson ONE, ILX and BETA Systems. While at Thomson, Mr. Hagen led the successful launch and on-going commercial management of the Thomson ONE Advisor product line (now Thomson ONE Wealth Management), which resulted in more than 55,000 active users its first 18 months and two of the largest technology transactions in the retail financial services industry.

Mr. Hagen earned a master’s degree in business administration (MBA) and a bachelor’s degree in business administration (BBA) from Marymount University. Mr. Hagen also held the FINRA Series 7 (General Securities Representative) license.

James Kaminski

Senior Vice President, Chief Financial Officer

As Senior Vice President and Chief Financial Officer, James Kaminski is responsible for the overall leadership and management of Scivantage's financial operations, including corporate finance, investor relations, mergers & acquisitions and corporate accounting. Mr. Kaminski brings over 25 years of experience within the financial services sector where he has a proven track record of achieving corporate objectives and streamlining business operations.

Prior to joining Scivantage, Mr. Kaminski was a Department Controller at American International Group, Inc. (AIG), a leading international insurance organization, where he was responsible for analyzing and structuring finances of technology projects for their global infrastructure. Prior to AIG, Mr. Kaminski held senior level finance positions, such as First Vice President and CFO of Technology for Prudential Securities and Vice President and CFO of Corporate Technology Services for Prudential Insurance. In these roles, Mr. Kaminski managed large finance teams and was responsible for budgeting, finance, acquisitions and technology management.

Mr. Kaminski holds a bachelors degree from the University of Tampa and a MBA from the University of Miami.

Susan Massaro

Executive Vice President, Professional Services

As Executive Vice President, Professional Services, Susan Massaro is responsible for the overall leadership, management and operation of Scivantage's information technology professional services, leveraging financial services experience to benefit our customers. Ms. Massaro brings over 25 years of experience in computer, information technology and professional services businesses to this position. Ms. Massaro came to Scivantage from Nova.Corp., where she built and for five years led a nationwide Professional Services Organization with Fortune 500 clients delivering data center, facility, business continuity, relocation and staff augmentation services. This business unit was subsequently acquired by Scivantage.

Ms. Massaro was previously Senior Vice President of Professional Services with Qwest Communications International, where she managed a national division which developed and delivered managed services complimenting hosting products, e-business solutions, and the implementation of infrastructure for IP environments. Earlier, Ms. Massaro was recruited by Icon CMT Corporation to grow its Systems Engineering and Professional Services organization. Services included custom web-based solutions, network and system architecture, security offerings, and system administration. Ms. Massaro played a significant role in Icon's Initial Public Offering and subsequent sale and transition to Qwest Communications.

Ms. Massaro spent eighteen years of her career at Data General Corporation, where she held various technical and management positions in Systems Engineering and Professional Services, including Director of U.S. Professional Services. Since 1998, she has been a member of the Board of Trustees of Community Mutual Savings Bank in White Plains, New York.

Ms. Massaro holds a bachelors degree in Mathematics from the State University of New York at Binghamton.

Cameron Routh

Senior Vice President, Strategic Products

As Senior Vice President, Strategic Products, Cameron Routh is responsible for the overall vision, leadership and management of Scivantage's strategic product initiatives. Under his direction, Scivantage is developing the next generation of investment management applications, including pre-trade decision tools and portfolio performance reporting systems.

A financial services software industry veteran, Mr. Routh co-founded GainsKeeper, an early cost basis vendor, in 1999. For Scivantage, Mr. Routh incorporated the feedback from brokerages and mutual fund companies into the development of Maxit, the most comprehensive cost basis application available. He is now focused on bringing real-time, adjusted cost basis further into key investment tools such as after-tax performance reporting and portfolio rebalancing.

Mr. Routh has a strong understanding of the challenges in delivering complex systems to retail investors and a keen eye for identifying new product opportunities. His emphasis on developing partnership-level relationships with clients has led to unique, highly successful implementations.

As a pioneer in the field of cost basis reporting and on the frontlines of pending cost basis legislation, Mr. Routh has been quoted in the Financial Times, Forbes, Barron's, the Street, Securities Industry News and other national and industry newspapers, magazines and publications.

Mr. Routh previously worked for PaineWebber (UBS), Fidelity Investments and AIG. He earned an MBA from the University of Chicago Graduate School of Business and BA from Boston University

Anthony Scrimenti

Executive Vice President, Chief Information Officer

As Executive Vice President, Chief Information Officer, Mr. Scrimenti brings over thirty years of information technology, communications and operations experience to Scivantage. Mr. Scrimenti is responsible for the management of Scivantage's overall strategy and delivery of technology solutions and products with primary emphasis and expansion in the areas of architecture and development, security and reliability, quality assurance, delivery and client support. Mr. Scriment joined Scivantage in July of 2005 as Executive Vice President, Technology Infrastructure in which he managed Scivantage's infrastructure, security, QA and client support, as well as ISP and vendor relationships, SAS 70 audit program and key client relationships.

Prior to Scivantage, Mr. Scrimenti was President of Nova.Corp., a leader in internet data center and telecommunications facility design. He leveraged technology to create a scalable operation for Nova's existing construction management business and established a foundation for the significant growth of the firm. He also created Nova's profitable Information Technology Professional Services business practice, which was later acquired by Scivantage.

Mr. Scrimenti was previously Senior Vice President of Network and Hosting Operations with Qwest Communications International. His primary responsibility was building and operating Qwest's nationwide Internet hosting business, as well as all of its ATM, Frame Relay, and IP networks. Mr. Scrimenti also held several senior management positions with Icon CMT Corp, Data General Corporation, Ortho Pharmaceutical Corp., Nicolet and Wavetech Scientific Corporations.

Mr. Scrimenti holds a Bachelor of Science degree in Computer Information Systems from New Jersey Institute of Technology.

Joe Stensland

Senior Vice President, Managing Director of Wealth Management Solutions

As Managing Director of Wealth Management Solutions, Joe Stensland is responsible for overseeing the product and market strategy for Scivantage. Joe brings to Scivantage a proven track record in successfully launching, growing and managing technology products in the financial services market.

Most recently, Mr. Stensland was Vice President of Product Management and Business Development for Kenamea where he was responsible for driving the product, distribution and partnership strategy in the financial services market. Prior to Kenamea, Joe led product strategy and business development for Thomson's Retail Wealth Management Segment, including the Thomson ONE Advisor product line which is responsible for two of the largest technology transactions in the financial services industry. Prior to that, Mr. Stensland held several positions in product management and business development at Thomson Financial, where he launched Thomson Advisor, InvestmentView and several other product lines. Mr. Stensland also served as a sales representative at Aristotle International and as staff of the US Senate.

Mr. Stensland holds a Bachelor of Science in Business Administration from Colorado State University.

David Watkins

Senior Vice President, Software Architecture

As Senior Vice President, Software Architecture, David Watkins applies his real world proven experience developing software in the financial brokerage and communications industries. He has a solid background in all phases of systems development with an emphasis on developing high-performance, scalable, and flexible Internet trading technology platforms. Additionally, he brings a delivery oriented, iterative approach to system development that focuses on short-term delivery cycles.

Mr. Watkins joined the firm from Fleet Securities, Electronic Delivery Services where as Vice President, he lead Fleet's Strategic Internet Trading development. He built Fleet Securities' retail Internet trading platform which services upwards of 1 million registered users and 40 branded sites. He has held prior management positions at Electronic Data Systems and ADP Brokerage Information Services Group.

Mr. Watkins earned his MBA from Seton Hall University and a B.S. in Electrical Engineering from the University of Pittsburgh.