William Pape is the co-founder and EVP of TraceGains, Inc., a software company that makes the food supply chain safer and more profitable by helping companies produce better finished goods faster and more cost-effectively. From 1982 to 1998 Mr. Pape was a VeriFone co-founder, senior manager, and corporate officer until VeriFone was sold to Hewlett Packard. VeriFone pioneered the electronic acquisition and transfer of credit card information and, at the time of the H-P acquisition, handled over 65% of the world's daily credit card traffic. Mr. Pape was one of the first five VeriFone employees, and during his VeriFone tenure, Mr. Pape had responsibility for company operations including the technical development groups, the product marketing groups, and the information, system and controls groups. During this same period, Mr. Pape had an active public speaking schedule on the virtual corporation, a concept VeriFone pioneered. Mr. Pape authored the quarterly Virtual Manager column for Inc Technology magazine for five years, served on the board of another NASDAQ NMS company, and was a lecturer at the National Defense University at Ft. McNair Virginia.