Stephen Herbert a 1980 graduate of Salmen High and a graduate of Louisiana State University. He is the President of USA Technologies of Philadelphia. He was elected a Director in April 1996, and joined the Company on a full-time basis on May 6, 1996 as Executive Vice President. During August 1999, Mr. Herbert was appointed President and Chief Operating Officer of the Company. Prior to joining us and since 1986, Mr. Herbert had been employed by Pepsi-Cola, the beverage division of PepsiCo, Inc. From 1994 to April 1996, Mr. Herbert was a Manager of Market Strategy. In such position he was responsible for directing development of market strategy for the vending channel and subsequently the supermarket channel for Pepsi-Cola in North America. Prior thereto, Mr. Herbert held various sales and management positions with Pepsi-Cola. Herbertâ€™s company company provides products such as cashless vending machines as well as vending products that reduce energy consumption.
In 2004, Herbert made a substantial donation to Salmen, crediting many of his former teachers and coaches as impacting his life.