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Meet Our U.S. Management Team

Our U.S. leadership team is composed of seasoned professionals, including President Lars Blecko and senior executives based in the Loomis U.S. corporate office in Houston, Texas.

Lars Blecko

President and Chief Executive Officer

Lars Blecko

As president and CEO of the worldwide Loomis AB from 2008 to 2013, Lars defined Loomis as the undisputed specialist of managing cash in society, along with creating and applying “the most efficient flow of cash in society” business concept. These efforts established the company’s foundation of providing comprehensive solutions for our customers, building presence in the marketplace, and achieving operational excellence in our branches.

During Lars’ tenure, he was responsible for the Loomis IPO on the NASDAQ OMX Stockholm MidCap list, which debuted in December 2008. He then guided the company to sustainable profitability and growth, with multiple acquisitions that increased Loomis’ international presence across Eastern Europe and Latin America. By 2013, Loomis’ presence increased from 11 countries to 16, and add-on acquisitions expanded the size and scope of regional operations considerably. We now hold either the number one or number two positions in most countries Loomis operates in.

Lars’ commitment to a transparent corporate culture is reflected in the Loomis Values of People, Service, and Integrity, which are used in every country we operate in, and the Loomis Code of Conduct, which sets the goals for attracting the best employees, the highest environmental impact considerations, and the utmost ethical integrity.

As president and CEO of Loomis U.S., Lars has sharpened our focus to enhanced products and services for our financial and retail/commercial customers—because our commitment to the continuous improvement of quality customer service is one of our highest priorities.

“I’ve had the honor of working with the Loomis U.S. team since 2008—first as Loomis AB president and CEO, and now as the Loomis U.S. president and CEO. I’ve always been impressed with their commitment to customer service, their dedication to exceeding customer expectations, and their diligence in finding the best customer solutions. As our team works together to build the best cash-handling company in the U.S., we are committed to proving our company’s brand promise that Loomis is the specialist at creating efficient cash flow.”

Chuck O’Brien

Chief Operating Officer

Chuck O'Brien

Chuck has 20+ years of experience with operations, logistics, and supply chain management—with 15 of those years encompassing cash-handling at Loomis. In 1995, he joined USA Waste/Waste Management, where he served as a regional district manager. He then began at Loomis in 1999 as the Houston branch general manager, and was recognized as General Manager of the Year in 2000—the same year his branch was also recognized for achieving the most improved operating results in the U.S.

In 2001, Chuck became area manager for the Texas branches north of Austin, where he deepened his knowledge of Loomis U.S. operations. In 2009, Chuck became district vice president of our branches in Texas, Oklahoma, Louisiana, and Arkansas, where his district’s operating margins were the highest in the U.S. for three consecutive years.

In 2012, Chuck was appointed chief operating officer, with responsibility for Loomis U.S. operations and our IT endeavors. In this position, Chuck has clearly defined the major components of the supply chain strategy of quality, efficiency, and product development throughout the U.S.

“Since joining Loomis back in 1999, I have been proud to work alongside the many fine teammates that make up this organization, from the branch level to the corporate level. It's an honor to be part of this organization and a privilege to work alongside our outstanding management team.”

Marcus Hagegård

Chief Financial Officer

Marcus Hagegard

Marcus has more than 15 years of experience in finance and management positions across the United States and Europe. He started his career in public accounting with Ernst & Young and eventually specialized in mergers and acquisitions advisory work. After working for Ernst & Young in both New York and Stockholm, Marcus transitioned to a financial management position at Loomis AB, parent company of Loomis U.S. At Loomis AB, Marcus played a key role in preparing the company for a public listing.

Shortly after the listing, he was promoted to vice president of finance with responsibility for all of the group’s financial matters. In 2012, Marcus was appointed as chief financial officer of Loomis U.S. and then relocated to our Houston office.

“Working with all the great people at Loomis, I never cease to be amazed by what we accomplish every day, and I am very proud to be a part of this team.”

Pat Otero

Senior Vice President, Administration

Pat Otero

Pat has 20+ years of experience in the cash-handling industry, specifically in the financial aspects of Loomis. Since starting as a financial analyst for Wells Fargo Armored in 1991, Pat has progressively advanced through several financial leadership positions within the organization. As the company evolved into today’s Loomis, Pat served in the U.S. chief financial officer position for five years—integrating his field-level experience with his finance background to assist with the restructuring of the U.S. administrative organization.

During Pat’s career, he has played a key role in the development of the company’s financial systems and controls—automating processes for greater efficiency and reliability. In 2012, Pat was named senior vice president of administration, where his background in process management and KPI development has been critical to creating value in HR, procurement, fleet, and real estate functions.

“We have an outstanding team, and I am proud to be able to work with each and every one of them in helping make Loomis the industry leader.”

McKay Barnes

Executive Vice President, Sales and Marketing

McKay Barnes

McKay has 20+ years of experience with operations, security, sales, and marketing. Starting his career with our Las Vegas branch in 1998, he held several positions—including general manager, district manager, and district vice president—throughout the Midwest from 2005 to 2014. McKay played a key role in turning around struggling markets by standardizing processes, implementing best practices, and developing high performance leaders.

In 2015, McKay was appointed executive vice president of sales and marketing—with responsibility for new and existing business development, including strategic products, such as CMS and SafePoint®.

“Our greatest advantage is our teammates. The Loomis team is second to none and continuously strives for excellence. I am honored to be a part of this team.”

Randy Sheltra

Senior Vice President of Risk Management

Randy Sheltra

Randy has 20+ years of experience in risk management and operations at Loomis. He began his career in the cash-in-transit industry in 1995, when Loomis was still known as Wells Fargo Armored. Randy has served Loomis in various capacities including branch manager, regional loss prevention manager, and vice president of safety.

As vice president of safety, Randy worked to raise the bar for best practices in risk management. By introducing technological advancements into the Loomis fleet of vehicles, Randy’s efforts helped to reduce incidents and improve driver behavior. Randy also contributed to Loomis’ business continuity plan, which is used by the company during natural disasters and service interruptions. In 2017, Randy was appointed senior vice president of risk management. He is currently responsible for safety, security, claims, and internal audits.

“Loomis is dedicated to effective risk management best practices, which are critical to providing the best services across all lines of business. I am proud to work with a team that is committed to the high safety and security standards found at Loomis.”