Alexander C. Stonkus

ALEXANDER C. STONKUS is the President and Chief Executive Officer for
Actrade Financial Technologies, Ltd. Prior to assuming the role of
President and Chief Executive Officer of Actrade Financial Technologies,
Mr. Stonkus served as President and Chief Operating Officer of the
company, as well as President of Actrade Capital, Inc., the company’s
subsidiary that manages the Electronic Trade Acceptance Draft (E-TAD_)
Program. Prior to joining Actrade, Mr. Stonkus was Senior Vice President
and COO for Elco Freight International, Inc., a full-service
international shipping, customs broker, warehousing and distribution
company where he assisted in the sale of Elco and several affiliated
companies to The Concord Group. Prior to joining Elco, Mr. Stonkus was
employed with a privately held textile conversion company. He was
principally responsible for purchasing, production, transportation and
inventory control, as well as the design and implementation of a
company-wide computer system. Mr. Stonkus graduated from the
Pennsylvania State University in 1982 with a Bachelor of Science degree
in Finance. He also served on the Board of Directors of various
companies during his professional career.