Profile Overview
Name: Doug Schmidt
Position: Chief Technology & Information Officer (CTIO)
Company: PayCargo, LLC
Location: Huntington, NY, USA
Professional Background and Responsibilities
Doug Schmidt joined PayCargo in 2018, where he currently serves as the Chief Technology & Information Officer (CTIO). In this role, he is responsible for leading the company's technology, product, and data initiatives. Doug has nearly 30 years of experience as a Chief Information Officer (CIO) and Chief Technology Officer (CTO) for some of the world's largest public companies such as CNET Networks, CBS Interactive, Pearson PLC, and Dentsu. At PayCargo, Doug's expertise includes formulating innovative technology strategies to align with business objectives, which has significantly contributed to the company's growth and efficiency.
Key Achievements and Contributions
- Leadership in Technology at PayCargo: Doug's tenure at PayCargo started in 2018. His role as CTIO involves overseeing the technological framework that ensures efficient cargo movement and reduced payment costs. PayCargo's patented technology platform connects over 5,000 logistics vendors, including major ocean carriers like MSC, Maersk, and ZIM.
- Entrepreneurship and Mentorship: Besides his role at PayCargo, Doug is the founder of Metaprise, a virtual market platform connecting investors and corporate partners with private companies. He is an active mentor and Entrepreneur-in-Residence at multiple global accelerator companies and serves as an advisor for growth-stage startups and venture capital firms.
Company Overview: PayCargo
PayCargo is a leading financial platform that simplifies the payment process for cargo movement, ensuring faster remittance processes between payers and vendors. The platform boasts over 5,000 logistics vendors and is utilized by major ocean carriers. The company focuses on:
- Efficiency: Accelerating cargo movement and reducing payment costs.
- Security: Providing a secure online payment solution to replace traditional methods like checks and wire transfers.
- Innovation: Continually improving their platform with new features to aid logistics and freight companies.
Executive Team at PayCargo
- Eduardo Del Riego: President & Chief Executive Officer
- Juan C. Dieppa: Chief Operating Officer
- Thomas Vieweg: Chief Growth Officer
- Jorge Gracia: Chief Legal Officer
- Marta Ramirez: Chief People Officer
- Adrie Reinders: CEO, PayCargo International
- Carolina Demi: Interim Chief Financial Officer
Industry Impact
Doug Schmidt, through his leadership, has played an instrumental role in advancing PayCargo's technology initiatives, making the company a major player in the logistics and cargo payment industry. His innovative approach helps bridge the gap between technological advancements and business needs, ensuring PayCargo remains a leader in its sector.
Professional Interests
Doug's professional interests align closely with technology innovation, logistics efficiency, and corporate strategy. His involvement with both established corporations and startups reflects a commitment to leveraging technology for business growth and operational efficiency.
Contact Information and Links
- LinkedIn: [Doug Schmidt LinkedIn Profile](https://www.linkedin.com/in/dougschmidt)
- Personal Venture (Metaprise): Founder & CEO
- Mentorship and Advisory Roles: Various global accelerator companies and venture capital firms.
This profile provides a detailed overview of Doug Schmidt's professional background, significant achievements, and his current role at PayCargo. It highlights his contributions to the technology and logistics sectors, demonstrating his expertise and the value he brings to his organization and the industry at large.
