SquareTwo Financial Expands Operations Department, Prepares For Continued Growth in 2012

DENVER, Dec. 19, 2011 /PRNewswire/ -- SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, today announced two personnel additions and one promotion within the company's operations department in preparation for continued growth in 2012.

Andrea Bollefer has been named vice president of relationship management at SquareTwo Financial. In this role, Bollefer is responsible for building and maintaining strong long-term relationships with the company's network of attorney Partners, outside agencies, and local counsel firms, collectively called the SquareTwo United Network. Additionally, this team is responsible for the implementation of strategies to improve Partners' operational performance.

Trevor Giampietro has been named vice president, velocity and inventory management. Giampietro and his team are responsible for creating strategies to optimize the liquidation of accounts and the operational processes of the company's Partners through the analysis of data and the use of technology. This team is also responsible for developing and maintaining SquareTwo Financial's inventory flow model.

Joel Winters has been promoted to director of process management. Winters' team includes SquareTwo Financial's four main client support departments: client services, data processing, legal support, and bankruptcy.  The process management team is responsible for all internal processes associated with managing the accounts SquareTwo Financial purchases.

"SquareTwo Financial has seen tremendous growth over the past year – with record-breaking revenues in the third quarter – and we fully expect that velocity to continue into 2012," said Paul A. Larkins, president and chief executive office of SquareTwo Financial. "We've made great strides in advancing our operations infrastructure to better support the needs of our growing company, which includes Andrea, Trevor and Joel's appointments. I look forward to working with each of them in their new roles."

The SquareTwo Financial Partners Network is a cornerstone of the company and the first network of practicing lawyers in the debt buying industry. Franchise Partners have exclusive rights to license SquareTwo Financial's proprietary technology and perform asset recovery work on the company's behalf, with support from state-of-the-art technology and analytics, high-quality portfolios and drastically reduced overhead.

"SquareTwo Financial's success depends upon the success of our franchisees, and I'm happy to have Andrea on board and focusing all of her attention on these important relationships," said J.B. Richardson, Jr., senior vice president of operations. "Another big differentiator between us and the competition is our sophisticated analysis of portfolio data, in which both Joel and Trevor's teams play an important role. These are three important and well-deserved personnel appointments for our company as we look ahead to 2012."

About SquareTwo Financial:

SquareTwo Financial is a leader in the $100 billion asset recovery and management industry. Through its award-winning technology and unique Partners Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the health care, automotive, banking and credit card industries trust SquareTwo Financial to manage their debt portfolios. The company's national network of legal partners is dedicated to treating consumers fairly and ethically. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.

SquareTwo Financial Website: www.squaretwofinancial.com

CONTACT:

Rick Roth
Chief Marketing Officer
SquareTwo Financial
303.713.2231
[email protected]  

Cori Keeton Pope
Keeton Public Relations
303-282-4981
[email protected]

SOURCE SquareTwo Financial