Masabi announced the appointment of Dennis Marshall as vice president of business development. He will be responsible for evolving new business opportunities for Masabi’s award-winning JustRide product with transit agencies and partners around the world.
Marshall brings considerable global transit experience to Masabi having co-founded the KMA Group I, where he provided technical, financial and business advice to state and local government public transit agencies on fare collection and payment systems. During his tenure, he served as lead advisor to the Toronto Transit Commission on the agency's planning for a new automated fare collection strategy and also served as an advisor to the Southeastern Pennsylvania Transportation Authority (SEPTA on the agency’s transition to its new $127 million open fare payment system.
Prior to KMA, Marshall worked for the Chicago Transit Authority (CTA) where he served as the agency's first general manager of business development. He was responsible for developing public-private partnerships and complex outsourcing agreements in support of the CTA’s $550 million in annual fare revenues. Marshall led the development and transition of the CTA’s new $454 million open fare payment system.
“We welcome Dennis to Masabi at a pivotal time as we are extending our reach in the U.S. and other key global markets following the hugely successful rollout of our ticketing system with MBTA,” said Ben Whitaker, CEO of Masabi. “Dennis’ crucial finance, strategy and business development experience in the public transit sector working with some of the world’s largest transportation agencies and operators will make him an invaluable addition to the company.”
“Masabi has made some very impressive waves in the U.S. public transit industry and has built a solid reputation as the go-to organization for end-to-end mobile ticketing,” Marshall said. “By developing Masabi’s relationships with agencies, technology and financial partners, I look forward to building on those foundations and promoting awareness of the benefits of Masabi’s JustRide technology as a turn-key fare collection and payment solution for transit agencies around the world.”
Marshall holds a master's degree in public policy in finance and public finance from the University of Chicago, as well as a bachelor's degree with highest honors in economics and international studies from DePaul University.