Michael A. Keresman III to deliver commencement address


Lake Erie College will celebrate its 163rd commencement on Sunday, May 6, 2018 at 11:00 a.m. The event will take place in the Jerome T. Osborne Family Athletic & Wellness Center.

Graduates and their families will be addressed by Michael A Keresman III, member of the Board of Directors, with a speech titled "3 x 3 x 3.”

A native of Parma, Ohio, Keresman is the co-founder and former chairman, president and CEO of CardinalCommerce Corporation, the global leader in enabling authenticated payment, secure transactions and alternative payments for eCommerce and mobile commerce.

Before founding CardinalCommerce, he was one of the original employees and co-founder at STERIS Corporation. He held several senior management positions from 1988 to 1999, including Senior Vice President, CFO and CIO, as well as primary operations executive. 

In 2017, Keresman left Cardinal, headquartered in Mentor, when the company became a subsidiary of Visa. Through his work, he had helped create a new industry in preventing online payment fraud with operations in Europe, Africa, North and South America, as well as distributions in Asia and Australia.

Under his leadership, CardinalCommerce developed strategic partnerships with payment brands including Visa, MasterCard, Amazon Payments, BillMeLater, Google, and PayPal, and merchant service providers and processors such as Chase, CyberSource, Fifth Third and First Data. Keresman earned recognition as one of Ernst & Young’s Entrepreneurs of the Year in 2004 and 2005.

Prior to his roles at Cardinal and STERIS, he was an early employee and CFO of HealthAmerica of Ohio. He helped to establish the first statewide HMO network in the nation and helped grow HealthAmerica of Ohio more than 500% in less than three years.

Between his tenures at STERIS and HealthAmerica, Keresman held senior management positions at International HealthCare, Inc. (IHC) and Western Reserve Health Plan.

Keresman is a graduate of John Carroll University with a BSBA in finance. In addition to serving on the Finance and Assets and Institutional Advancement Committees on the Board of Directors at LEC, he is a member of the Board of Directors for The Secure Remote Payment Council and the Cleveland Federal Reserve Advisory Board.

He is married and a proud father of three daughters.

Earlier that weekend, Latin honors and class awards will be given at Honors Convocation in the Helen Rockwell Morley Memorial Music Building on Friday, May 4 at 1 p.m. Guest speaker and Director of Morley Library Aurora Martinez, an LEC alumna who earned her BA in communications and romance languages in 1987, will address those recognized.

Tickets are required to attend the Lake Erie College Commencement ceremony. A free reception honoring the graduates will follow in the Arthur S. Holden Center. For more information, contact registrar@lec.edu.

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