SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, today announced that William A. Weeks, its senior vice president and CIO, is the winner of the Denver Business Journal’s 2013 CIO of the Year award for midmarket companies.

The Denver Business Journal announced the 3rd annual CIO of the Year winners, judged and selected by Colorado’s chapter of the Society for Information Management, at an awards luncheon and featured profiles of winners in a recent issue.

“This recognition is well deserved for Bill, who has completely repositioned our IT department as a business differentiator, and increased our technology capabilities so we can lead our industry in data reliability, availability, analysis, decisioning, security and regulatory compliance,” said Paul A. Larkins, president and CEO of SquareTwo Financial. “Bill also utilizes his time and talents to mentor rising IT stars and helps young people learn about leadership through the Boy Scouts of America. He is an example of how to give back to the community while accomplishing great things professionally.”

Selected for the midmarket category of companies with $50 million to $500 million in annual revenue, Weeks stood out for transforming an IT department and plugging it into the business; re-engineering and stabilizing legacy systems; reducing costs; delivering numerous automation benefits; and raising the industry bar on data security and regulatory compliance.

“It is an honor to be selected for this award by my peers in the Colorado chapter of the Society for Information Management,” Weeks said. “I may have spearheaded these different projects, but I am supported by an excellent team of 80 people who make our successes possible.”

SquareTwo Financial is a leader in the $100 billion asset recovery and management industry. Through its award-winning technology and unique Partner Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the banking, credit card, and health care industries trust SquareTwo Financial to manage their debt portfolios. The company and its national network of legal partners extend the Fair Square Promise to customers so they know they will be treated with dignity and fairness. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.