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Meet Our U.S. Management Team

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

Aritz Larrea

President and Chief Executive Officer

Aritz Larrea

Aritz has more than 15 years of experience in finance and management positions across the United States and Europe, and has been an integral part of the Loomis family since 2014. Since April 2014, Aritz has held the position of Country President for Loomis Spain, which has over 30 branches and more than 2200 employees. On June 1, 2018, Aritz succeeded Lars Blecko as our new Loomis U.S. President and CEO.

Before joining Loomis, Aritz served from November 2006 to April 2014 at Segur Iberica, a private security services business. During this period, he held the positions of Chief Financial Officer as well as Chief Executive Officer. Before that, Aritz worked with Grupo Alentis, a facility services company, from 2002-2006.

Aritz’s commitment to growth in the cash-handling industry and his experience in the Spain market provide unparalleled insights that will benefit our U.S. market. As the new President and CEO of Loomis U.S., Aritz is a driving force in our focus on expanding vault outsourcing, promoting CMS services, increasing SafePoint sales, and ultimately keeping Loomis services aligned with the needs of our customers to keep our future secure.

Aritz is also dedicated to continuing the U.S. strategy of investing in branches, and has personally visited many branches and met with many District Vice Presidents across the country in order to get to know the faces of the U.S. team, and learn firsthand how different branches operate on a day-to-day basis.

“Loomis U.S. is now the number one cash handling company in the U.S. market, and continues to grow because we provide premium service at an appropriate price. I have the best team to support me, and together we will achieve our main target of preparing ourselves and our customers for a changing marketplace in US, where cash will still be king.”


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 Hagegård

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.”