Before joining Freedom Services, Nancy Warmoth was the Controller and Chief Operating Officer of System Capital Corporation where she played an active role in the day to day operation of the company.  Ms. Warmoth was also instrumental in the implementation of accounting controls and the development of the system that was utilized to manage the company’s portfolio of loans and funding instruments.  Prior to joining System Capital Corporation, Ms. Warmoth was the Director of McDonald’s Corporation Claim Center.  She led the team that was responsible for transforming the Claim Center from a manual call-in center to a fully functioning claims management and reporting group which included the development of an integrated “Risk Management Information System”.  Ms. Warmoth also played an integral role in the management of the Bermuda based “McDonald’s Owner/Operator Insurance Company” which included the establishment of accounting standards and controls, preparation of interim and audited financial statements, premium billing and investment analysis.  Ms. Warmoth currently serves as a Director for several of the subsidiary boards of System Capital Corporation. 
 

Prior to his current responsibilities with Freedom Services, Stuart Honse played an integral role in the development and direction of JPMorgan Chase’s Asset Securitization business in the U.S. and abroad.  Mr. Honse was the financial architect of Golden Managers Acceptance Corp., a company that provides financial products to the McDonald’s Restaurant System and directed the creation of similar finance companies for other brand systems including Exxon, Texaco, Amoco, Mobil, Hallmark and Hilton Hotels.  While directing the bank’s Asset Securitization business in Europe, he counted Nokia, Diageo, Yukos Oil, Vitol, Glencore, Lukoil and European banks among his major clients.  In addition to JPMorgan Chase, Mr. Honse has held positions with Kidder Peabody & Co., the California Housing Finance Agency, The Rural California Housing Corporation, The University of California and as senior staff to the California State Legislature.  He has also served as a Director for various subsidiaries of System Capital Corporation and a number of the finance subsidiaries of BUNGE Limited.