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Drew Freeman appointed to Net Element's board of directors

Staff writer | Miami, Fl., USA | May 26, 2014
Net ElementMay 26, 2014, Miami, Fl., USA - Net Element, Inc., a technology-driven group specializing in mobile payments and value-added transactional services, announced that Drew Freeman has been appointed to the Net Element's board of directors and will serve on the board's audit committee.
Mr. Freeman is an accomplished industry veteran with more than 30 years of electronic payments and merchant services industry experience. His experience includes extensive work with agent banks, referral banks, direct sales, software integration, internet sales, dining programs, American Express, Diners Club, Discover Card, JCB and ISO/MSP programs. He is currently the President of Freeman Consulting, Inc., a payments consulting firm that works with private equity groups and independent sales organizations.

Prior to that, Mr. Freeman served as President of Merchant Data Systems from 2009 to 2013, Group Executive at Chase Paymentech from 2006 to 2007, and Executive Vice President at JP Morgan Chase-First Data JV (Chase Merchant Services) from 2000 to 2006. He earned a bachelor of business administration degree from the University of Miami.

Mr. Freeman is replacing Felix Vulis as an independent director of Net Element. Mr. Vulis resigned effective May 21, 2014. Mr. Vulis served on the Board of Directors of the Company since October 2012 and resigned due to personal reasons.