Michael Meyer Joins Spring Oaks Capital as Chief Technology Officer

CHESAPEAKE, Va. — Spring Oaks Capital, LLC is excited to announce the hiring of Michael Meyer as Chief Technology Officer. Michael will lead the firm’s efforts in data science, data engineering, product development, and information security and infrastructure, reporting directly to President & CEO Tim Stapleford.

Michael has spent the past 24 years at MRS BPO, LLC, most recently as Chief Technology Officer and Chief Security Officer. Other roles at MRS have included Chief Risk Officer and Chief Innovation Officer. Michael has dedicated his career to innovating and implementing technology-driven change in the ARM industry, with an unwavering commitment to enhancing the customer experience. At Spring Oaks Capital, the CTO role is critical to execute the Company’s strategic plans to build enterprise value for all stakeholders.

Spring Oaks Capital’s President and CEO, Tim Stapleford, stated, “We are thrilled to bring a person of Michael’s talent and reputation onto our world-class team. He is precisely the experienced leader the company needs as CTO going forward. Spring Oaks Capital was founded to be the first true fintech debt recovery company, and Michael will be a critical partner as we continue to grow the Company and tech platform.”

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Michael added, “I am thrilled to be joining Spring Oaks Capital and am inspired by the company’s focus on developing a technology-focused and data-driven approach to debt recovery that enhances the experience for both customers and employees. I look forward to working with the highly experienced management team at Spring Oaks Capital and contributing to its increasing success.”

About Spring Oaks Capital, LLC

Spring Oaks Capital is a national financial technology company, focused on the acquisition of credit portfolios. The Company subscribes to an employee and consumer-centric operating philosophy that creates high-value jobs, a significant performance lift, and the highest standards of compliance. Spring Oaks’ business strategy is rooted in innovative data-driven technology to maximize collection results and a contact platform that offers multi-channel options to meet each consumer’s communication preference. Spring Oaks has the management vision and experience to nurture a culture and DNA that is unique in the space. To learn more about Spring Oaks, please visit www.springoakscapital.com.