Debt Resolve, Inc. (DRV) Appoints Kenneth Montgomery Chief Executive Officer
Debt Resolve, Inc. announced today that co-chairman and chief executive officer, James D. Burchetta, has elected to step down from his position, as planned after the one-year anniversary of the company’s initial public offering (IPO), and Kenneth Montgomery will replace him as CEO, effective February 16, 2008. Mr. Burchetta has been appointed chairman of the board and founder and will remain actively involved with senior management. His additional responsibilities will include overseeing investor relations, corporate strategy and product development. With more than 25 years in the financial services industry, Mr. Montgomery has managed assets totaling over $4 billion and has…