Chairman of the Board, President and Chief Executive Officer
John cofounded Leisure Line, Inc., a motor coach company serving New York City and Atlantic City, New Jersey, in 1970 and served as the Chief Executive Officer for a ten year period through the sale of the company to Golden Nugget in 1980. At the time of the sale Leisure Line was generating approximately $11 million in annual revenues. In 1988 John cofounded Cape Transit, Inc., a motor coach company servicing Atlantic City, Philadelphia and South New Jersey. Under John’s leadership as CEO, annual revenues at Cape Transit grew from $2 million to more than $11 million. In May 1996, Cape Transit became one of the founding companies of Coach USA, Inc. and John Mercadante became Coach USA’s President and Chief Operating Officer. Coach USA had over 70 acquisitions during the three year period following their 1996 IPO. John was an integral part of growing Coach’s annual revenues from $100 million to over $1 billion in revenues in just three years. John has personally invested over $2 million in Prime EFS.
Board Member, Chief Development Officer
Doug joined the Company in April 2019. Doug was the Senior Vice President and General Counsel of Coach USA, Inc. A major portion of the acquisitions completed by Coach USA were through the teamwork of Doug and John Mercadante in conjunction with personnel experienced in financial, integration and human capital management. Doug has extensive experience in mergers and acquisitions and business transactions.
CFO for Prime EFS, LLC Subsidiary
Tim joined in November 2018. Tim was Executive Vice President and Chief Financial Officer of Warren Resources, Inc. for 19 years. Warren is a Nasdaq-listed oil and gas producer that reached market capitalization of $1.0 billion under his tenure. Tim was also a CPA at Deloitte and Touche for six years.
Director of Operations
Bill was an Amazon Area Manager and Station Manager and ran DPH1, DHP2 and DPH3 from 2014- 2018. Prior to Amazon Bill worked for Target for five years running logistics store side.
Chris was in enterprise support for Facebook doing on-boarding and support for Enterprise Engineering clients. He has over 20 years of experience managing IT departments for various retail, public relations, and management consulting firms.
Kherri brings nine years of transportation industry experience to our team including 6 years with Hertz and two years with Amazon.