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Martin S. Foont
President & CEO
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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.
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Len A. Lipton
Managing Director
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Len Lipton manages the firm's sales and marketing activities for the Americas. These responsibilities encompass promotion of the company’s services to custodians and asset managers, including spearheading the firm’s business development activities to the Hedge Fund community. Mr. Lipton also leads the firm’s product development efforts so that GlobeTax can continue to provide the highest levels of service to its clients in the rapidly changing global tax landscape.
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.
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William D. Treut
Managing Director
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William Treut is a member of GlobeTax’s Business Development Team focusing on the promotion of the company’s services with financial intermediaries in the U.S., and he also coordinates the firm’s relationships with the U.S. financial institutions that issue 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.
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Harold S. Shapero
Managing Director
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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.
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Brian Sapadin
Director
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Brian Sapadin is a member of GlobeTax's marketing and business development team concentrating on U.S. financial institutions and institutional investors. He maintains a strong focus on the hedge fund community.
Prior to joining GlobeTax, Mr. Sapadin held senior marketing and business development roles with international investor relations and financial communications firms. Previously, he served as an analyst and trader on Citi's Corporate Loan Syndications desk where he earned his Series 7 and 63 licenses.
Mr. Sapadin has a bachelor’s degree in finance from The George Washington University in Washington D.C.
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Ross K. McGill
Managing Director
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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.
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Carolyn Luke
Executive Manager
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Carolyn Luke joined GlobeTax in 2009 as Executive Manager EMEA based in London concentrating on The Nordics & Western Europe. Prior to joining GlobeTax Carolyn worked with a London based company providing software solutions for withholding tax recovery.
Carolyn has over 20 years experience working within the finance industry and holds a degree in Business and Finance from The Lisburn Institute in Northern Ireland.
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Steve Farrage
Regional Manager – Asia Pacific
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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.
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