Executive Change: Squaretwo Financial Names L. Health Sampson CFO

DENVER, Colo. – SquareTwo Financial, a leader in the $40 billion asset recovery and management industry, today announces L. Heath Sampson as its chief financial officer. In this role, Sampson will oversee all financial matters of the company, including financial planning and analysis, technical accounting, financial accounting, corporate controller, analytics, internal controls and payment processing.

“Heath comes to SquareTwo Financial with 16 years of senior financial leadership experience and a strategic mindset that will undoubtedly benefit our clients who need their distressed assets made whole,” said Paul A. Larkins, SquareTwo Financial’s president and CEO. “He is a dynamic and progressive executive who brings a laser focus to our industry-leading financial expertise in asset recovery.”   

Sampson joined SquareTwo Financial from First Data Corp., where he was CFO of the $2.5 billion Financial Services subsidiary since 2008. He joined First Data in 2002 as vice president of risk, control and audit until 2006, when he was named CFO of First Data’s Integrated Payment Systems division, which was followed by his 2007 appointment as CFO of the company’s Innovative Payments Group. Previously, he was a senior manager in financial audit, business consulting and risk consulting at Arthur Andersen LLP, which he joined in 1994.

“I look forward to providing financial leadership to SquareTwo Financial as it sets an unmatchable pace in acquiring distressed portfolios from financial services companies and assisting businesses and individuals alike in restoring financial health,” Sampson said. “I am excited to be a part of an organization with such a passion for turning red assets back to black, especially at a time when the recovery of our economy is paramount.”
Sampson has a bachelor’s degree in accountancy and an MBA (accounting) from Denver University.

About SquareTwo Financial:
SquareTwo Financial is a leader in the $40 billion asset recovery and management industry. Through its award-winning technology and unique Partners Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the health care, automotive, banking and credit card industries trust SquareTwo Financial to manage their debt portfolios. The company’s national network of legal partners is dedicated to treating consumers fairly and ethically. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.