Executive Change: FAMS Announces Tim Farmer as Chief Financial Officer

Financial Asset Management Systems, Inc. (FAMS) is pleased to announce Tim Farmer as Chief Financial Officer.

Mr. Farmer brings 20 years of accounting experience to his new role at FAMS including financial experience with several privately and publicly held companies.

Mr. Farmer is a seasoned financial executive with experience in all financial and internal control activities, including financial planning and reporting, accounting, tax, treasury and risk management. He joined FAMS in 2007 as its Controller.  Prior to FAMS, he previously served as the Controller at SITA and Assistant Controller at Nationwide Credit, Inc. He also held other accounting leadership positions in industry leading companies such as Fidelity National Mortgage and Impact Innovations Group.

Tim holds a Bachelor degree in Accounting from the University of Georgia and is a Certified Public Accountant.

“Tim has been a major contributor to our growth and progress over the years,” said Jerry Hogan, President and CEO. “The additional responsibilities of CFO, will allow Tim the opportunity to contribute even more to our overall enterprise. I could not have asked for a better partner.”

Founded in 1993, Financial Asset Management Systems, Inc. (FAMS) focuses specifically on third party accounts receivable management for the Education, Government, Financial Services, Telecommunication/Media and Healthcare Sectors.  FAMS has over 700 collection seats in offices located in Atlanta, St. Louis, and Cincinnati.  FAMS is headquartered in Atlanta, Georgia.