Stanley E. Freimuth, a former top executive at Fujifilm USA and business investor and consultant, this month assumed the role of interim CEO at Debt Resolve Inc., a publicly held White Plains company that provides online consumer credit payment, negotiation and settlement services to creditors.
The company”™s agreement with Claremont Ventures L.L.C., Freimuth”™s consulting firm for early-stage growth companies, anticipates that he will become Debt Resolve”™s full-time CEO in 2014.
Former Debt Resolve CEO Michael J. Cassella resigned Sept. 30 after 28 months in the post. The company in its announcement said Cassella has assisted in the transition process.
Freimuth recently served as chairman, president and CEO of Presstek Inc., a publicly traded digital printing equipment manufacturer in Greenwich, Conn., which he returned to financial stability and negotiated its sale to a private equity buyer. He previously was chairman and executive director of Tracer Imaging, L.L.C., a specialty lenticular and 3-D printing company in White Plains.
At Fujifilm USA Inc. in Valhalla, Freimuth as chief operating officer and chief administrative officer led the transition from analog to digital products in its core businesses.
Debt Resolve board chairman James G. Brakke in the announcement said Freimuth “has the experience, vision, and leadership skills that Debt Resolve needs at this stage in its growth.”
A long-term shareholder in Debt Resolve, Freimuth in the press release said the company “has one of the more innovative technologies I have ever seen.”
