Executive Change: Eric Hunn Promoted at MRS Associates

MRS Associates, an industry leader in receivables management, announces the promotion of Eric Hunn to the position of Chief Operating Officer. Mr. Hunn joined MRS as Senior Vice President of Business Development and Strategy in October of 2005.

“Eric has proven to be a knowledgeable, charismatic, and creative leader in his short tenure with MRS, said Jeff Freedman, the company’s Co-Chairman/CEO. “As a result, we are pleased to promote him to COO to manage and oversee our complex business operations.”

“Eric has led numerous initiatives that have streamlined our processes, thereby improving our clients’ efficiency and performance,” added MRS Co-Chairman/CEO Saul Freedman. “His ideas are fresh and his drive and determination are inspiring to others.”

In his new position, Mr. Hunn will be responsible for managing all of MRS’s collection divisions and its five call centers, including its newest site located in Mumbai, India. Eric’s focus will be on the increased use of analytics, strategic workflow design, hiring of top talent to infuse into the management ranks, and spearheading the company’s operational expansion both domestically and internationally.

Mr. Hunn has expertise in marketing, large-scale operational management, analytics, financial forecasting, and operational workflow design. He holds a Bachelor’s degree in Finance from Penn State University and an MBA in Operations Management from Drexel University.

MRS Associates, Inc. is a nationally licensed, leading provider of 1st and 3rd party accounts receivable management/BPO services. Founded in 1991, MRS has garnered a reputation as being one of the most innovative, progressive, and top performing companies in the industry. In 15 years, the company has become one of the 25 largest agencies servicing the financial services and retail credit communities. In addition, MRS handles commercial, educational, and government debt portfolios. MRS has differentiated itself in the marketplace by combining a propriety training process, knowledgeable hands-on management and a strong commitment to advanced technology and analytics.

MRS has its corporate headquarters and national call center in Cherry Hill, NJ with additional call centers in Parsippany, NJ, New Albany, OH, Phoenix, AZ, as well as an international location in Mumbai, India. The company employs over 700 people and handles in excess of $4 billion in delinquent placements annually. For more information, please visit www.mrsassociates.com.