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Who We Are

Our Team

TimePayment’s executive team brings a wealth of experience and expertise to the company.

Meet our company leaders:

Richard F. Latour: President and Chief Executive Officer

Richard F. Latour has served as our President, Chief Executive Officer, Treasurer, Clerk and Secretary since October 2002 and as President, Chief Operating Officer, Treasurer, Clerk and Secretary, as well as a director of the Corporation, since February 2002.  From 1995 to January 2002, he served as Executive Vice President, Chief Operating Officer, Chief Financial Officer, Treasurer, Clerk and Secretary.  From 1986 to 1995, Mr. Latour served as Vice President of Finance and Chief Financial Officer.  Prior to joining us, Mr. Latour was Vice President of Finance for eleven years with Trak Incorporated, an international manufacturer and distributor of consumer goods, where he was responsible for all financial and operational functions.

James R. Jackson, Jr.: Vice President and Chief Financial Officer

James R. Jackson Jr. has served as our Vice President and Chief Financial Officer since April 2002.  Prior to joining us, from 1999 to 2001, Mr. Jackson was Vice President of Finance for Deutsche Financial Services Technology Leasing Group.  From 1992 to 1999, Mr. Jackson held positions as Manager of Pricing and Structured Finance and Manager of Business Planning with AT&T Capital Corporation.

Steven J. LaCreta: Vice President of Legal and Vendor/Lessee Relations

Steven J. LaCreta has served as our Vice President, Lessee Relations and Legal since May 2005.  From May 2000 to May 2005, Mr. LaCreta served as Vice President, Lessee Relations.  From November 1996 to May 2000, Mr. LaCreta served as our Director of Lessee Relations.  Prior to joining us, Mr. LaCreta was a Leasing Collection Manager with Bayer Corporation.

Stephen J. Constantino: Vice President of Human Resources

Stephen J. Constantino has served as our Vice President, Human Resources since May 2000.  From 1994 to May 2000, Mr. Constantino served as our Director of Human Resources.  From 1992 to 1994, Mr. Constantino served as our Controller.  From 1991 to 1992, Mr. Constantino served as our Accounting Manager.

Tom Herlihy: Vice President of Sales and Marketing

Tom Herlihy has served as Vice President of Sales & Marketing for TimePayment since May 2005. He has over 20 years of leasing experience, beginning his career in 1980, as one of the co-founders of Eaton Financial Corporation. The company went public in 1984, and was acquired by AT&T Capital in 1989. Tom remained with AT&T and its successor companies until 2000. In 2000, he started and led a leasing division for ABB, a global Fortune 500 company until it was acquired by GE Capital in 2003. Prior to arriving at TimePayment, he led a sales team for another start-up leasing company, US Express Leasing, where he focused on the technology segment.