SquareTwo Financial Names Brian W. Tuite Chief Business Development Officer

DENVER, Feb. 16 /PRNewswire/ -- SquareTwo Financial, a leader in the $40 billion asset recovery and management industry, today announces Brian W. Tuite as its chief business development officer. In this role, Tuite will oversee the company's sales and acquisitions operations.

"Brian brings to SquareTwo Financial a wealth of business development experience gained over 17 years in senior sales leadership roles," said Paul A. Larkins, SquareTwo Financial's president and CEO. "Brian has a proven, results-oriented track record leveraging his broad base of skills, honed in a variety of sales, marketing and analytical functions. I look forward to working closely with him as SquareTwo Financial grows and diversifies bringing even greater advantages to the distressed asset industry."

Tuite comes to SquareTwo Financial from Bank of America's credit card division, where he served since the company's acquisition of MBNA as a sales and marketing executive in the Affinity Card and Latin America credit card businesses. Previously, he spent 14 years in positions of increasing responsibility with MBNA, ultimately serving as senior executive vice president, customer marketing director and customer segmentation leader.

"I see an enormous opportunity in the marketplace for the expansion of SquareTwo Financial," Tuite said. "I look forward to growing our existing relationships with many of the largest financial institutions in the country and making it possible for more financial services companies to tap into the power of our analytic modeling, technological innovations and unique Partners Network, which employs best-in-class strategies to drive asset recovery."

Tuite has a bachelor's degree in business administration from the University of Oklahoma.

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, Colorado. Visit www.squaretwofinancial.com for more information.

SquareTwo Financial Website: www.squaretwofinancial.com

SOURCE SquareTwo Financial