News and Press Releases

CrossCheck Names Dave Kilat Executive Vice President Finance

Posted by Kris Coughtry on Tue, Aug 03, 2010 @ 02:03 PM

ROHNERT PARK, Calif. – CrossCheck, Inc., the nation’s third largest check approval and guarantee company, has named Dave Kilat as Executive Vice President of Finance. In this new corporate management position, Kilat will oversee all accounting and finance departments for the company, in addition to leading the development of new initiatives and projects for CrossCheck and its subsidiary, Optio Solutions.

Kilat was previously a Senior Vice President for CrossCheck since starting with the company in August 2008. He has over 25 years of financial management experience with a strong background in revenue and profitability analysis and forecasting and variance analysis.

"Dave’s management skills and depth of knowledge make him the perfect choice for this new leadership position. The alignment of all of the accounting and finance functions under Dave’s management will be of great benefit as we continue to grow and bring new products to market. I look forward to his contributions to CrossCheck’s future success,” said J. David Siembieda, President and CEO of CrossCheck, Inc.

About CrossCheck, Inc.:

CrossCheck, Inc., an established leader in the payments industry, processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S. For more than 26 years, its goal has been to increase merchants’ profits by providing efficient and affordable check approval, guarantee and conversion services that can help increase sales and reduce risk. The company is headquartered in Northern California and has an additional office in Texas. Their suite of services includes check conversion technology, ACH, web-based transactions and remote deposit capture products and, through subsidiary Optio Solutions, cost-effective debt management tools. Visit www.cross-check.com or call (888) YES-2CHX for more information.

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