ASUS TEAM

Team Members

Martin J. Lee, Principal

Mr. Lee has 42 years of banking/securities experience. He joined Audit Services in 2004. Prior to joining Audit Services, Mr. Lee was being employed by ACS/Unclaimed Property Recovery & Reporting Inc. for a period of three years, from July 2001 to June 2004. In that time, Mr. Lee was responsible for all aspects of unclaimed property services to individual corporations, financial institutions and the states.

Prior to that, Mr. Lee served as the Chief Information Officer at Equiserve, Inc., a securities transfer agent from April 1998 to July 2001. Prior to 1998, Mr. Lee was employed by various banks including First Chicago Trust Company and J.P. Morgan Inc.

Mr. Lee holds an undergraduate degree in Accounting and an advanced degree (MS) in Systems from Iona College.



J. Matthew Thornton, Principal

Prior to joining Audit Services in 2004, Mr. Thornton was a Vice President at ACS-Unclaimed Property Recovery & Reporting where he was responsible for the due diligence and escheatment programs for both the MetLife and John Hancock Demutualizations. Under these programs more than $2.5 Billion was either returned to owners or escheated to various states. He was also responsible for the Maximum Ownership Return program that targeted the return of property to high value shareholders for ACS-UPRR's corporate actions customers. 

Before UPPR, Mr. Thornton was a Vice President/Senior Project Manager at Mellon Investor Services where he had a leadership role in several multi-million dollar, high profile projects including: MetLife's Demutualization and IPO; the merger of NationsBank and BankAmerica; the relocation and reengineering of Investment Plan Services Department; the reengineering and expansion of Employee Products' Client Implementation Team; implementation of a strategic alliance with JPMorgan / American Century; and the transition of significant systems development effort from external to internal support during the key rollout phase. Prior to Mellon Investor Services, Mr. Thornton was a Business Systems Consultant / Project Manager at American Management Systems, Inc. and Manager of Financial Planning, Analysis and Internal Consulting at First Chicago Trust Company of New York. 

Mr. Thornton holds a BBA in Finance from the University of Massachusetts at Amherst, an MBA from Fordham University's Graduate School of Business and has earned a Project Management Professional (PMP) Certification from The Project Management Institute.



Jeremy Katz, Partner

Jeremy has over 20 years of unclaimed property experience and has been deeply involved in developing solutions and managing the delivery of services to state unclaimed property programs in that time.

Jeremy actively participates as a Corporate Affiliate and former Corporate Affiliate Board member of the National Association of State Treasurers (NAST).  Jeremy is serving his second term on the NAST Foundation Board. Lastly, Jeremy is an observer to the Uniform Law Commission as it undertakes the process of revising the 1995 Uniform Unclaimed Property Act.

Jeremy is a graduate of the University of Maryland and has focused his continuing professional education in the areas of business and marketing management at Johns Hopkins University.



Benjamin "Benny" C. Spann, Chief Executive Officer

Benny has over 25 years experience in the state administration of unclaimed property. He started his career as a corporate tax auditor with the Louisiana Department of Revenue. After a short while in the field, he moved into Field Services management. He then transferred into the unclaimed property world as Director of Unclaimed Property for the State of Louisiana responsible for the first total revision of the Louisiana unclaimed property statutes. The Unclaimed Property program was transferred to the State Treasurer’s office from the Department of Revenue in 2000. Benny continued to be the Director of this division until his retirement in June, 2012 after 36 ½ years of state service. 

Benny has been an active participant in the National Association of Unclaimed Property Administrators (NAUPA) serving as Southern Regional Vice President and serving on the uniform electronic reporting committee. He developed the NAUPA bulletin board system prior to the internet and also developed NAUPA’s first internet website. Benny has been awarded the NAUPA President’s award and the NAUPA Lifetime Achievement award. 

Benny started with Audit Services US LLC in September, 2013. He has an accounting degree from Louisiana Tech University in Ruston, Louisiana.  



Wayne Kachelriess, Audit Director

Mr. Kachelriess has over 35 years experience in the unclaimed property reporting and financial services industry. The first part of his career was in senior internal audit management positions with Chase Manhattan Bank and The First National Bank of Chicago. This involved reviewing a wide range of bank products and operations in both domestic and international markets. 

The second part of Wayne's financial services career was spent managing financial operations and other business units at First Chicago Trust/EquiServe including unclaimed property reporting, employee stock option plans, employee stock purchase plans, risk management and account reconciliations.

After leaving the financial services industry Wayne modernized the financial activities and operations of the Beaufort (SC) Chamber of Commerce and designed and managed the accounting operations for the State of Florida's 529 college savings investment plan. Wayne was with Unclaimed Property Recovery & Reporting for three and a half years. During this time he has managed general ledger research and advisory projects for a number of UPRR clients including two major insurance companies, a pharmaceutical company, an advertising agency and a multinational corporation. 

Wayne started with Audit Services US in April, 2008. Wayne has an undergraduate degree in Management from Monmouth University and Masters Degree in both Finance and Accounting from New York University. He is a Certified Trust Auditor and a veteran who served in the US Marine Corps. 



Lee R. Hines, CPA, Audit Manager

Mr. Hines began his employment in 1969 with the North Carolina Department of Revenue as a Sales Tax Auditor, and later became a Foreign Corporation Income and Franchise Tax Auditor. In 1983 he went to work for the North Carolina Department of State Treasurer and established their Escheat and Unclaimed Property Audit Program. Mr. Hines served as the Audit Manager, and until his retirement in October of 1999, he was the most senior State unclaimed property auditor in the nation. 

In November 1999 he began his employment with Audit Services. Lee is a member of the Triangle Chapter of the Association of Governmental Accountants, and he has completed the Certified Public Manager's Program and is a member of the North Carolina and American Academy of Certified Public Managers. 

Mr. Hines has been on the audit agenda and professional development committees for the National Association of Unclaimed Property Administrators numerous times and has served as chairman of the Audit Agenda Committee in 1985 and 1990. 



Amy Manganaro, Audit Manager

Amy is a senior unclaimed property auditor with more than ten years of experience in unclaimed property auditing. Prior to joining Audit Services, Amy was an Audit Supervisor with PRA Government Services and the Xerox Unclaimed Property Clearinghouse. Amy's focus at PRA and Xerox was on general ledger unclaimed property audits of many of the nation's largest companies. Audits also included insurance companies as well as holders/processors of rebate checks.

Before joining Xerox, Amy was an Accounting Supervisor for AIM Healthcare, where one of her duties was to manage the process for unclaimed property compliance. In that role, she was active in the Unclaimed Property Professionals Organization (UPPO) and attended unclaimed property related conferences on a regular basis in order to network with other professionals in the unclaimed property arena as well as to keep apprised of changes in regulations and gain a better understanding of unclaimed property best practices.

Amy graduated from Eastern Nazarene College with a B.A. in Business Administration and from Trevecca Nazarene University with an MBA.



Erik Kallevik, Audit Manager

Erik is a senior unclaimed property audit manager with more than ten years of experience in unclaimed property auditing. Prior to joining Audit Services US, Erik was an Audit Manager with Kelmar Associates LLC and Xerox Unclaimed Property Clearinghouse. Erik's focus at Kelmar and Xerox was on general ledger unclaimed property audits of many of the nation's largest companies. Audits also included insurance, oil and gas and healthcare service companies.

Before joining the unclaimed property industry, Erik was an accounting manager for Forrester Research Corporation and First Act, Inc., where one of the duties was to manage the process for unclaimed property compliance. Erik also has experience in working at the professional accounting firm, KPMG, conducting internal audits to assist clients in federal and state regulatory compliance. 

Erik graduated from University of Massachusetts at Amherst with a B.S. in Resource Economics and a concentration in Managerial Accounting. 


Jen Fatula, Audit Manager

Jen is a senior unclaimed property audit manager with more than ten years of experience in unclaimed property auditing. Prior to joining Audit Services, Jen was a Senior Audit Manager with Kelmar Associates LLC. Jen's focus at Kelmar was on general ledger unclaimed property audits with many of the nation's largest companies. Audits also included food and beverage manufacturers and distributors, materials manufacturers and oil and gas companies.

Jen graduated from Bentley University with a B.S. in Corporate Finance and Accounting and a minor in Law.


Trudy Heflin, Audit Manager



William W. Joseph Jr., Reports and Processing Systems Manager

Mr. Joseph has experience in numerous software applications including Visual Basic, Visual FoxPro, Visual C++, HTML, Java, the entire Microsoft Office Suite, and COBOL. 

He has worked as the network administrator for Dunlop, Onderdonk and Wilson Corp., a small insurance agency that has since been sold and merged with Bollinger Inc. While working with Dunlop, Onderdonk and Wilson Corp., his duties included the day to day maintenance of the network, as well as training the employees how to use a Windows based PC software, and internet applications. 



Jeffrey Saitta, Senior Programmer

Mr. Saitta is responsible for maintaining Audit Services’ proprietary system that allows us to file unclaimed property reports to our contract states.

Mr. Saitta has over 25 years of programming experience in the field of Corporate Reorganization and Unclaimed Property. He was responsible for developing a complete Abandoned Property application providing data conversion functionality, due diligence and property eligibility testing and NAUPA file and state form/report generation.  He is responsible for all ongoing maintenance and new development of the software used by Audit Services’ staff.



Virgilio Capala, Data Systems Analyst

Mr. Capala is highly experienced in computer programming and has over ten years of escheatment experience with multiple transfer agents. 

He has a diploma in Computer Programming from The Chubb Institute in Jersey City, New Jersey. 



R. Terry Allen, Executive Consultant

From 1980-1999, Mr. Allen served as the Administrator of the North Carolina Escheat and Unclaimed Property Program. During that time he established a Program that increased yearly collections of unclaimed property from $2 million to over $33 million. In addition, funds returned to rightful owner increased from $191,000 to over $13 million per year. 

At the time of his retirement after 30 years of service with the State, Mr. Allen was the most senior unclaimed property administrator in the nation. He has served as an officer of the Executive Committee of the National Association of Unclaimed Property Administrators (NAUPA) in a number of capacities, including Secretary, Regional Vice President, and President. In addition, Mr. Allen served as the Committee Chairman on numerous NAUPA committees, including the State and Federal Relations, the State National Audit Program (SNAP), and the Nominating Committee. Mr. Allen also served as President of the States Clearinghouse of Unclaimed Treasures (SCOUT). He has been a speaker on the topic of unclaimed property at the NAUPA Conferences, as well as professional and civic groups.  Mr. Allen joined ASUS on January 1, 2000 and on September 1, 2013 he  stepped down as the Chief Executive Officer of to become the Company’s Executive Consultant. 

Mr. Allen holds an MPA degree from N.C. State University and is a graduate of the Government Executives Institute from the University of North Carolina. In addition, Mr. Allen is also retired from the North Carolina National Guard with 25 years of service and has served as the Chairman for the North Carolina Governor's Community Resource Council for the N.C. Correctional Institution for Women. He has held licenses for securities (Series 6 and 63) and insurance (life and health) in North Carolina. 



Robert Krenkowitz, Special Counsel

Robert Krenkowitz is an attorney who has practiced in unclaimed property law since 1974. He formerly served as a Deputy Attorney General and Senior Deputy Attorney General for the State of New Jersey, representing the state in litigation, appeals, and legislative matters relative to unclaimed property. Bob chaired NAUPA’s Uniform Law Revision Committee, whose draft was utilized in the 1995 Uniform Unclaimed Property Act. Bob has served as special counsel to several state unclaimed property programs, and has worked closely with leading unclaimed property service providers for over 15 years. He is a contributing editor to the legal treatise Unclaimed Property Law and Reporting Forms and is a recipient of NAUPA’s lifetime achievement award.