May 22, 2012 09:15 ET

Michael J. Panagakos Named Senior Vice President of Sales and Marketing at

Industry Expert Joins Rapidly Growing Human Resources Provider

SARATOGA SPRINGS, NY--(Marketwire - May 22, 2012) -, Inc., an online reference checking and pre-employment testing provider used by HR professionals, announced today the appointment of Michael (Mike) J. Panagakos as Senior Vice President of Sales and Marketing. An industry expert, Panagakos has served in senior executive sales roles for SuccessFactors, Plateau Learning Systems, Kronos and SmartTime Software.

"There is tremendous opportunity for as more and more companies look for ways to reduce turnover and increase the return on hire," Panagakos said. "'s solution has an immediate, positive impact on talent selection in leading companies. With the expansion of our sales team and the company's best-of-breed solutions, I anticipate tremendous gains in 2012 and beyond."

"Mike has repeatedly proven his ability to build a winning strategy and grow a sales team that helps drive the company to the next level. We're looking forward to his contributions to," said Greg Moran, Chairman and President of, Inc.

Founded in 2008 by some of the foremost experts in employee selection and development, is an emerging leader in the rapidly growing market for Predictive Talent Selection™ technology.

Using its revolutionary Performance Engine™, Chequed delivers rapid, accurate pre-dictions of a new hire's performance. The technology's ability to track and measure relevant results contributes to HR organizations' ability to better demonstrate a clear tie to business results.'s experienced management team, board of directors and advisory committee have helped hundreds of startups and growing companies hire talent that made them industry leaders. Their extensive expertise has fortified the Chequed software to meet the day-to-day challenges of human resource managers facing competitive markets for human capital.