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Cabot Credit Management Appoints New Operations Director

Cabot Credit Management (CCM) has appointed Ryan Stanley as its Operations Director effective 1st August 2014. Stanley, who will report to Ken Stannard, CCM’s Chief Executive Officer, joins the company following the resignation of current Chief Operating Officer Steve Mound.

Stanley joins the team at CCM from its major stakeholder, Encore Capital Group, where he was Vice President and General Manager of Asset Acceptance, a competitor that was acquired by Encore in 2013. In this role, Stanley guided the successful integration of the company, consistently meeting all financial targets and operational objectives throughout the year-long integration process. Prior to that, Stanley was Vice President, Operations. Stanley joined Encore in 2002 and has held a variety of positions with increasing responsibility.

Stanley said, “I am looking forward to joining the strong management team at Cabot Credit Management. I believe my experience with improving operational efficiency, delivering financial results and leading organizations through transition will be an asset to CCM as it moves into its next stage of growth.”

Steve Mound said: “After six years of living away from my family and the increasing demands on my role as the company grows I have decided it is the right time for me to develop a different work-life balance. It was a hard decision and I am extremely proud of what we have achieved as a group over the past few years and I wish everyone at CCM all the best going forward. I would like to thank the Shareholders for their support in facilitating my decision.”

Ken Stannard said: “It has been a pleasure working with Steve Mound since I took over in March and we are sorry to see him go. He has been an asset to the company, but we respect his wishes to spend more quality time with his family. This is a great opportunity to welcome Ryan Stanley to our fold and I am certain that he will be a great addition to our management team. This will provide us with a unique opportunity to accelerate the transfer of knowledge and expertise between Encore and CCM.”

 

strong>About Cabot Credit Management

Cabot Credit Management is a market leading acquirer and manager of consumer debt. Divided into five specialist businesses, Cabot Financial, Cabot Financial Ireland, Apex Credit Management, Apex Discovery Solutions and Marlin Financial Group, it covers debt purchase, contingency collections, and customer tracing.

The combined Cabot Credit Management group has purchased assets of £11.2 billion, manages over £1 billion of assets on behalf of clients, collects over £25m per month on portfolios it owns and on behalf of clients, and has a 15 year unbroken track record of steady growth.

The combined Cabot Credit Management group employs approximately 870 people with offices in Kings Hill, Stratford-upon-Avon, Dublin, Worthing and London. The company prides itself on its ethical values and high standards. It has an impressive list of accolades including achieving Investors in People Gold and Champion awards and attaining a place in the Sunday Times Top 100 Best Companies To Work For – 2013 and Marlin being ranked in 30th in the Sunday Times Profit Track 100 - 2013, the only debt purchaser to be named. In addition Cabot Financial has a Quality Management System ISO 9001 since 2008.

The controlling shareholder of Cabot Credit Management is Encore Capital Group, an international speciality finance company providing debt recovery solutions for consumers and property owners across a broad range of assets.

 

For Media Enquiries:                                       

Becky Cimelli                                                  

PR Manager, Cabot Credit Management           

Tel: +44 (0) 7780 495082                                  

Email: bcimelli@cabotcm.com                         

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