Executive Change: Maureen Peterson Named President of CEANNATE Corp

CEANNATE Corp today announced that effective March 11, 2015, Maureen Peterson will assume the role of President of CEANNATE Corp and its subsidiaries, Financial Management Systems (FMS), i3 Group, Iontuition, (formerly Loanlook), and AuthenticAID. Balaji “Raj” Rajan will continue as CEO.

“CEANNATE is in a strong position and poised to expand its footprint as new opportunities present themselves,” said Rajan. “Maureen has played a significant role in putting us in this position.”

Bruce MacFarlane, Chairman of the Company, concurred noting that since joining CEANNATE in 2008 as Executive Vice President and COO, Peterson has led the senior executive team through considerable growth and change. Under her leadership the company has experienced enhanced performance in its core businesses and the employee base has expanded from under 200 employees to more than 1,000. FMS is now a top ranked contractor for Federal Student Aid.

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