New hires represent a focus on new markets and strategic alliances

NEW YORK, NY – October 7, 2013 – ShopKeep POS, the cloud-based point of sale system designed by a retailer for retailers, today announced it has expanded its executive team with two new hires. The new additions reflect a focus on product development as the business prepares to move into new markets in 2014, as well as ShopKeep’s commitment to working with partners to bring choice and value-added services to merchants.

“2014 promises to be an exciting year for us as we expand our product offering for bars and restaurants,” said Jason Richelson, Founder and CEO, ShopKeep POS. “These are more complex businesses and a natural next step as we continue to grow. We plan on several new product releases over the coming months to present a compelling offering, which will be built on the same foundations of excellent customer service, ease of use and the flexibility to choose what’s best for your business,” said Mr. Richelson.

“This time last year we had less than 3,000 customers. Today we’re proud to serve almost 8,000 brick and mortar retailers across the U.S. and Canada. We are looking forward to working with our partners to accelerate that growth and add new services for our customers,” he said.

Drew Schwartz joins ShopKeep POS as Vice President of Product Management, focused on accelerating the company’s ability to bring new products to market. With more than 18 years industry experience, Mr. Schwartz brings a deep understanding of customer research to create compelling product offerings, as well as experience in building enterprise product portfolios and approaching new markets. In his previous role, Mr. Schwartz held the position of Vice President of Product Management for Gust, a global platform for the sourcing and management of early-stage investments. Mr. Schwartz led global product and technology strategy, overseeing design and development of all products and services. Prior to this he directed Enterprise and International Product Management groups for, an online job-matching service, led consumer experience teams to launch new hotel brands for Starwood Hotels & Resorts as well as consulted for Fortune 500 companies in POS, retail and online commerce.

David Herzog joins ShopKeep POS as Director of Business Development for the Channel Business, focused on working with payment processors, value-added resellers, financial institutions and technology innovators to extend the reach of ShopKeep POS. Mr. Herzog brings 11 years of payments industry experience, working in the areas of merchant services, credit cards and retail banking, with a specific focus on strategic partnerships and business development. In his previous role, Mr. Herzog held the position of Vice President of Partnerships and Alliances at cloud-based POS provider GoPago, where he launched its Reseller Program and managed its enterprise and strategic partnerships. Prior to that he spent six years at American Express, most recently managing global relationships for the company’s largest e-commerce alliances, and four years at JPMorgan Chase.


Paul Nugent

Paul Nugent

Paul Nugent is a small business advocate who uses his background in the startup space, along with his POS system expertise, to allow small business owners to make informed decisions within their specific budgets.