Credit Store Expands Management Team; Company Names William Buriak Chief Information Officer and Jonathan Pike SVP of Operations.SIOUX FALLS Sioux Falls, city (1990 pop. 100,814), seat of Minnehaha co., SE S.Dak., on the Big Sioux River; settled 1856, inc. as a village 1877, as a city 1883. Settlers abandoned the site in 1862 because of Native American raids, but with the establishment (1865) of Fort , S.D.--(BUSINESS WIRE)--Oct. 5, 1999-- The Credit Store, Inc. (EBB:PLCR) announced today that it has expanded its executive management team. William G. Buriak, 45, is The Credit Store's new Chief Information Officer. Buriak will direct the Company's daily technologies operations from Sioux Falls, including technologies that support client and portfolio accounting, data warehousing See data warehouse. data warehousing - data warehouse , office systems, the local area network, and investor reporting. Buriak oversees a staff of 55 persons. He reports to Kevin T. Riordan, The Credit Store's President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Jonathan L. Pike, 38, is The Credit Store's new Senior Vice President of Operations. Pike's responsibilities include management of the Company's account servicing and transaction operations, operations security A process of identifying critical information and subsequently analyzing friendly actions attendant to military operations and other activities to: a. identify those actions that can be observed by adversary intelligence systems; b. , non-card resolutions of assets, and new business development. Pike oversees a staff of approximately 150 persons. He also reports to Riordan. "We are extremely pleased to attract the strong and experienced talent of Bill Buriak and Jonathan Pike Jonathan Pike (born 1949 in Leatherhead, Surrey) is an English painter. An architectural painter, primarily a watercolourist, he also paints in oils. He specializes in views of Venice, Cuba, Rome, and Florence as well as London and Dublin. Recent paintings [1] to The Credit Store," said Martin J. Burke III, Chairman and Chief Executive Officer. "The Credit Store's success and increasing flow of business necessitates expansion of our top level management. Buriak and Pike are welcomed additions to our team." Buriak and Pike join The Credit Store's executive management team of Burke, Riordan, Executive Vice President and Chief Financial Officer Michael Philippe, Executive Vice President and General Counsel Richard Angel, Senior Vice President Cindy Hassoun, and Patrick Steffl, Senior Vice President for Marketing and Portfolio. The Credit Store, Inc. is a nationwide financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company engaged in the acquisition and recovery of non-performing consumer receivables and the origination and servicing of credit cards. The Company acquires portfolios of non-performing consumer receivables and originates new credit cards to those consumers who agree to pay all or a portion of the outstanding amount due on their debt. The new card is issued with an initial balance and credit line equal to the agreed repayment amount. After appropriate seasoning, The Credit Store attempts to sell or securitize Securitize The practice of a company selling accounts receivables or other debts owed to it. The third party that buys the debt assumes ownership of it and the responsibility for collecting the debts, and keeps the repayments when made. the credit card receivables generated by its business strategy. BIOGRAPHIES Bill Buriak comes to The Credit Store with an extensive background in financial services, insurance, mortgage origination, e-commerce, credit cards, relationship banking and consulting. From 1996 to July 1999, he was Director of Management Information Services See Information Systems. and Director of Business Office Operations at CCDM CCDM Catalogue of the Components of Double and Multiple Stars CCDM Chief Counsel Directives Manual (IRS) CCDM Certified Clinical Data Manager CCDM Control of Communicable Diseases in Man CCDM Coordinating Committee of Deputy Ministers , a non-profit healthcare system based in Perth Amboy, NJ. Prior to CCDM, Buriak had 13 years' experience with Beneficial Financial Corporation, Peapack, NJ, where he was responsible for strategic planning and technical product development. He is a graduate of the University of Pittsburgh in economics and earned his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Phoenix in information technology management. Jonathan Pike brings The Credit Store his extensive experience in risk management and credit operations management. From November 1997 to July 1999, he was Vice President of Credit Risk for Stage Stores, Inc., the Houston, TX-based apparel and footwear retailer. Prior to Stage Stores, Pike was Director of Strategic Marketing, Director of Risk Management and Credit Operations Manager within the Retail division of First Data Corporation, Omaha, NE. Jonathan is a graduate of the University of Nebraska, Omaha, in business administration. |
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