SOURCE: Venio, LLC

Venio, LLC

June 03, 2009 06:00 ET

Venio, LLC, Unclaimed Property and Owner Location Specialists, Announces 30% Growth in Their Employee Base

In the Midst of Many Companies Downsizing Venio Has Grown to Support Their Clients' Unclaimed Property Needs

NEW YORK, NY--(Marketwire - June 3, 2009) - Today, Venio LLC, a leader in the unclaimed property and owner location services industry, announced a 30% growth in its employee base since the first of the year. In this uncertain economic environment, unclaimed property becomes a more prominent concern for individuals, corporations and states. Venio specializes in unclaimed property management and compliance, partnering with corporations to support their enhanced need for owner location, corporate asset recovery and risk mitigation during these unsettled financial times. www.venio.com

The investment in Venio at this time is significant. The company's business model and strategy remains centered on providing clients with the best search and compliance solutions.

Venio is pleased to announce two new members to the management team, Polly Moore, Esq. as Vice President focusing on compliance and research and William (BJ) Hanson as Vice President of Relationship Management. Ms. Moore's extensive legal background will give additional depth to compliance and legal research. Mr. Hanson is a seasoned client services professional who will expand Venio's focus on continued service excellence.

"Venio has built a great reputation by staffing one of the strongest unclaimed property organizations in the business," said Nick Nichols, Executive Vice President of Venio. "Hiring industry experts is critical to our strategy of providing high value solutions tailored to our individual client's business needs. Both Polly and BJ's leadership experience and industry knowledge are major additions to our team and will ensure our continued success and rapid growth."

Ms. Moore is an experienced attorney and researcher. Her expertise in legal services includes corporate governance, legal and ethical compliance and unclaimed property, corporate, labor and employment law. Ms. Moore is an active member of the Ohio Bar, and the Society for Human Resource Management. She has presented to Unclaimed Property Education seminars, Arbitration audiences and various Business Ethics classes for regional chambers of commerce. Prior to joining Venio, Ms. Moore directed Compliance and Legal Research for a risk management company. For many years, she practiced Corporate, Labor and Employment law for LEXIS-NEXIS. Currently she is an adjunct Professor at Cabrini College and Penn State University. Ms. Moore has also authored articles on Dispute Resolution and is awaiting the publication of her textbook, "Employment Law Today." Her Juris Doctor and Economics degrees are from the University of Cincinnati.

"Joining Venio allows me to utilize my legal experience to help broaden Venio's compliance and research resources. I am extremely pleased to work with this fabulous team of industry leaders," says Moore.

Mr. Hanson works out of Venio's California office. Prior to joining Venio he worked at DST Output for over 9 years, building and managing teams within the client services organization. He also worked at Federal Express, managing over 100 accounts nationwide.

Hanson graduated from Washington State University with a Bachelor of Arts degree in Business Administration.

"While Venio builds on its strength in the unclaimed property marketplace, I am proud to expand our client experience with the same dedication and personal level of service they have come to expect," says BJ Hanson.

ABOUT VENIO, LLC

Venio locates owners of unclaimed assets or abandoned property for banks, brokerage firms, mutual funds, insurance companies, privately and publicly held companies. Our search/location, reporting and risk management services ensure compliance with SEC and state regulations, reduce expenses and improve customer/asset retention.

Venio has one of the highest success rates in the industry in reactivating lost and dormant accounts. Our nationwide staff is one of the most experienced in the unclaimed property business, and includes professionals with years of experience in the industries we serve. This expertise, combined with the most advanced technology and research tools, enables us to create efficient and cost-effective solutions specific for each of our clients' needs.

For more information about Venio, please visit us at www.venio.com

Contact Information

  • Media Contact:
    Brenda Rose
    Venio, LLC
    Public Relations
    916.932.0068
    Email Contact

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