Executive and Advisory Team

SmartyPig's Executive Team is laced with entrepreneurial spirit and comprised of experts in banking, security, privacy, consumer and financial Internet, start-up business development and e-commerce solutions for top companies such as eBay, The Principal Financial Group, Wells Fargo, Bank of America and The Federal Reserve.

Scott McCormack

Scott McCormack serves as President of the company. Mr. McCormack brings 18-plus years of successful business development and financial industry experience to his role on the SmartyPig executive team. Mr. McCormack served as Senior Director at TMS – smartOne Prepaid Solutions, a longstanding icon in the prepaid payment industry, and Vice President of Debit/ATM products at First National Bank prior to joining SmartyPig. Mr. McCormack joined First National Bank in 1993, beginning his time in the credit card division, and later holding various executive positions in national consumer marketing and product and business development. He held responsibility for the debit and ATM business lines at First National Bank for 14 years, adding the smartOne Prepaid business unit in 2003. Mr. McCormack is a graduate of the University of Nebraska at Lincoln and received his Masters in Banking at the University of Wisconsin at Madison.

Michael Ferrari

Michael Ferrari co-founded SmartyPig. Mr. Ferrari is responsible for both internal and external design and innovation, as well as managing and prioritizing web developer projects and workload. Mr. Ferrari has more than 15 years of entrepreneurial experience in developing strategic marketing and technology initiatives on behalf of Fortune 500 companies. Previously, Mr. Ferrari served as a director at The Integer Group, an Omnicon Group affiliate, which is one of the largest promotions agencies in the country. Mr. Ferrari earned a B.A. in psychology and business administration from DePauw University.

Jon Gaskell

Jon Gaskell co-founded SmartyPig. Mr. Gaskell is responsible for business development, international research, and maintaining relationships with financial partners. He also works with public relations firms both in the U.S. and abroad, acting as the main press contact. Mr. Gaskell is an accomplished journalist and entrepreneur, whose experience includes the formation of a publishing company sold to a group of investors led by the former president of NBC News. Mr. Gaskell has significant experience in the media industry and is a published author. Mr. Gaskell earned an M.A. in media studies and journalism from Drake University and a B.A. in English from Lake Forest College.

Dan Schulz

Dan Schulz serves as Vice President of Information Technology for SmartyPig. Mr. Schulz's responsibilities include coordinating and managing the programming team and managing the integration with SmartyPig partner banks. Management of integration includes satisfying all regulatory and compliance issues, monitoring risk and security during and post integration, designing accounting and tax solutions on the financial aspects of SmartyPig, and managing training and interaction between SmartyPig and the its partner banks. Mr. Schulz has more than 20 years of information systems experience, focusing primarily on large-scale software development projects in the insurance, healthcare and financial services industries, while working with a multitude of Fortune 500 companies including Accenture Ltd., Ameriprise Financial, Inc., The Principal Financial Group, 3M Co., and Wells Fargo & Company. Mr. Schulz earned a B.B.A. in finance from the University of Iowa.

Sean McMurray

Sean McMurray serves as Chairman of the SmartyPig Executive Board. Mr. McMurray is the founder and director of DataVision, Inc., which was recently sold to Equifax. DataVision provides security and infrastructure for a variety of financial and technology related institutions including SmartyPig. Mr. McMurray specializes in the development and implementation of information technology platforms designed to enhance software conversion, statistical analysis and web enablement solutions. In conjunction with DataVision, Mr. McMurray has provided such assistance to notable financial services companies including Wells Fargo & Company, Bank of America and The Principal Financial Group. Mr. McMurray received his B.A. in business administration from Iowa State University.

Rad Weaver

Rad Weaver is the Vice President of Business Development for McCombs Enterprises and serves on the SmartyPig Executive Board. McCombs Enterprises is a lead investor in SmartyPig and is owned by Red McCombs, the co-founder of Clear Channel Communications, previous owner of NFL and NBA franchises, and investor in some 300 companies over the past 20 years. Mr. McCombs is the namesake of the McCombs School of Business at the University of Texas and is a long-standing member of the Forbes 400. Mr. Weaver is a partner in many companies including Plum Grove, Ltd.; Patton Medical Devices; 21st Century Foods, and European Divergence Fund. He is a board member of Media Excel; General LED; and Aridien. Mr. Weaver also serves on the board for National Broadcast Company and on the Advisory Board for Emergent Technologies Fund IV.