Executive Change: William E. Morrissey to Financial Asset Management Systems

Financial Asset Management Systems (FAMS) has announced that Bill Morrissey has joined their executive management team as Senior Vice President of Sales & Marketing. Mr. Morrissey, a 22-year veteran of the credit and accounts receivable industry, recently served as Vice President of Sales and Marketing for Van Ru Credit Corporation.

"We are delighted to have Bill join our senior team. His industry experience, integrity, leadership and commitment to excellence make him a natural fit at FAMS," said Jerry Hogan, FAMS Interim CEO. "We are excited about FAMS growth during the past 12 months and our expanded opportunities with Bill leading our business development and marketing initiatives."

Morrissey’s extensive consumer based credit and accounts receivable experience encompasses banking, finance, education, government and health business development. His career includes prior senior leadership roles in sales & marketing for Nationwide Credit Inc., The Tintari Group, Risk Management Alternatives and Equifax.

"I’m excited by the opportunity to be a part of Financial Asset Management Systems. FAMS’ superior reputation in our industry and its strong financial support from American Capital convinced me I could contribute to their growth strategy as a valued member of the team." stated Morrissey.

About Financial Asset Management Systems (FAMS)

Founded in 1993, the company focuses specifically on third party accounts receivable for the Education, Government, Banking, Finance, Telecommunications and Health industries. FAMS has over 700 collection seats in four offices located in Atlanta, St. Louis and Portland. FAMS headquarters is located in Atlanta, Georgia. More at http://www.fams.net.