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Business Development Team

President & CEO Martin S. Foont

Americas Len A. Lipton
William D. Treut
Harold S. Shapero

EMEA Ross K. McGill

CEE/South. Europe Andrea Mrakic

Asia-Pacific Steve Farrage


 
Martin S. Foont, President & CEO

Martin S. Foont
President & CEO


 

Martin S. Foont has served as the President and CEO of Globe Tax Services, Inc. since founding the company in 1992. As one of the foremost experts on withholding tax recovery, Mr. Foont has built GlobeTax into the preeminent independent provider of withholding tax recovery services. GlobeTax currently counts among its clients many of the world’s largest banks, brokers and investment firms.

Prior to founding GlobeTax, Mr. Foont held senior managerial positions with IBM, Citigroup and Bankers Trust. At the latter he was head of Global Securities Services and among other things had the responsibility for recovering withheld taxes on over US$30 billion of custodied assets. Mr. Foont has more than 35 years of managerial experience in improving, streamlining and enhancing financial service offerings.

Mr. Foont holds a Masters Degree in Industrial & Management Engineering from Columbia University, an MBA from the Stern School of Business at New York University, and a Bachelor's Degree in Industrial Engineering from New York University.

 
Len Lipton - Director

Len A. Lipton
Director

 

Len Lipton manages the firm's sales and marketing activities for the Americas. These responsibilities encompass promotion of the company’s services to Global Custodians, Banks, Brokerage Firms and Asset Managers, including spearheading the firm’s business development activities to the Hedge Fund community.

Prior to joining GlobeTax in 2004, Mr. Lipton focused on new business and relationship management with Elkins/McSherry, LLC (a State Street Company) as a Managing Director, assisting institutional investors in monitoring portfolio trading costs. Mr. Lipton's experience also includes investment consulting with Ladenburg Thalmann in that firm’s Middle Markets group.

Mr. Lipton received a Bachelor’s Degree from The George Washington University in Washington, DC. He also holds NASD Series 7 and 63 securities licenses.

 
William D. Treut - Director

William D. Treut
Managing Director


 

William Treut, a member of GlobeTax’s Business Development Team, focusing on promotion of the company’s services to financial intermediaries in the U.S., also coordinates the firm’s relationships with the U.S. financial institutions issuing Depositary Receipts.

Mr. Treut’s career focus has been in international financial services. Prior to joining GlobeTax in 2007, he spent 18 years at Citi Depositary Receipt Services, most recently as Director, Product Management and Business Planning & Analysis, and earlier as Regional Sales and Account Management Director for Latin America. His positions prior to joining Citi included General Manager for Italy, resident in Milan, and Regional Representative, Manila, Philippines, at Irving Trust Company, and Deputy General Manager of Banca della Svizzera Italiana (BSI), Lugano, Switzerland.

Mr. Treut received an MBA in Finance and International Business from The University of Michigan and a Bachelor’s Degree in German from Duke University.

 
Harold Shapero - Managing Director

Harold S. Shapero
Managing Director


 

Harold Shapero’s roles within the Business Development Team at GlobeTax include relationship management with the Depositary community, as well as guiding new revenue initiatives for the firm. For many years, he oversaw the growth of GlobeTax’s Depositary Services activity, providing tax recovery services on behalf of the DR issuing U.S. banks in favor of the holders of Depositary Receipts and similar instruments issued through or managed by them.

Prior to joining GlobeTax, Mr. Shapero held positions at Bankers Trust Company and CIGNA.

Mr. Shapero received an MBA in Finance from the University of Hartford and a Bachelor’s Degree in Finance from University of Connecticut.

 
Kevin P. Cullen - Director

Ross K. McGill
Managing Director


 

Ross McGill is an international P&L strategic business manager with a proven track record of success as a communicator, educator & facilitator.

Prior to joining GlobeTax in 2003, Mr. McGill spent five years as a group CEO in Europe developing solutions for withholding tax recovery.

Mr. McGill has co-chaired two international standards committees on withholding tax with SWIFT and the IRS.

Mr. McGill is also the author of numerous books on withholding tax best practice and international regulatory structures.

Mr. McGill holds an Honours Degree in Materials Science from Bath University, England, a Certificate in Education and is a European Trade Mark Agent.

 
Andrea Mrakic

Andrea Mrakic
Regional Manager - South, Central and Eastern Europe


 

Andrea Mrakic joined GlobeTax in 2006. He is Regional Manager for Southern and Eastern Europe, resident in Milan. He holds a Masters of Finance from the University Bocconi in Milan and a Bachelor's Degree in Economics from the University LUISS Guido Carli located in Rome.

 
Steve Farrage

Steve Farrage
Regional Manager – Asia Pacific


 

Steve Farrage joined GlobeTax in 2009, and is responsible for Sales and Marketing throughout the Asia-Pacific region. Mr. Farrage is based in Sydney. Prior to GlobeTax, he spent 14 years at SWIFT, most recently as Head of Regional Sales for Australia, New Zealand and the Pacific Islands. Mr. Farrage also held positions in Hong Kong and Tokyo developing SWIFT's services with the custodial, brokerage and funds communities throughout Asia.

Mr. Farrage's previous experience includes 9 years with HSBC James Capel, in London and New York, developing and supporting their Eurobond operations and settlements. Mr. Farrage has a Bachelor's Degree from the University of London.