VALLEY COTTAGE, NY--(Marketwired - Jun 22, 2016) - CreditRiskMonitor (OTCQX: CRMZ) announced that its head of marketing, Patricia McParland, has made a personal decision to pursue an opportunity outside the company. Her resignation is effective July 8, 2016.
The company will conduct a search for a new Vice President of Marketing. Louis Cassetta, Director of Marketing, will lead the team during the transition.
"We remain committed to aggressively expanding our marketing efforts and will build on the strong foundation Pat has created," said CEO Jerry Flum. "We thank her for her many contributions and wish her all the best. We are in good hands with Lou, who has an extensive background in financial B2B marketing at ValueLine, SourceMedia, Institutional Investor and AOL, among others."
CreditRiskMonitor (http://www.creditriskmonitor.com) helps corporate credit and procurement professionals stay ahead of and manage financial risk quickly, accurately and cost effectively. It offers comprehensive commercial credit and financial risk analysis covering public companies worldwide. Unlike other commercial credit bureaus like Dun& Bradstreet, CreditRiskMonitor's primary focus is on financial analysis of publicly traded company risk.
Over 35% of the Fortune 1000 depend on CreditRiskMonitor's timely news alerts and reports featuring detailed analyses of financial statements, ratio analysis, peer analyses, bond agency ratings, and the Company's proprietary FRISK® scores, proven 96% predictive in anticipating corporate financial stress, including bankruptcy.
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