Meracord Welcomes Robert Weening as Executive Vice President, Chief Financial Officer

TACOMA, Wash.--(BUSINESS WIRE)--Meracord, a leading third-party contract payment processing service provider, is proud to welcome Robert Weening as Executive Vice President, Chief Financial Officer.

“It is a pleasure to welcome Robert Weening. His strategic, value driven focus in leading and achieving business success within the financial services industry will be valuable to Meracord as we continue to grow to meet customer needs with transparency, accuracy and dependability”

Meracord is a respected leader in contract payment processing services. In business for over 30 years, Meracord serves a variety of industries which include loan modifications, foreclosure defense, seller-financed real estate notes, unsecured debt, legal payment programs and many other contract payment-related services. Today, Meracord is setting the standard for excellence in the payment processing industry.

An executive with more than 20 years of experience in finance, Weening brings to Meracord an extensive background in leading diverse teams comprised of finance, accounting, human resources and IT professionals across multiple locations in the US and internationally. As EVP, Chief Financial Officer, Weening will be responsible for providing both operational and programmatic support to the organization, overseeing all accounting, internal control, treasury management and human resources activity for the Company. Weening will also work closely with the Chief Operating Officer and the EVP of Sales and Marketing on all strategic and tactical matters as they relate to budget management, cost / benefit analysis, forecasting needs and onboarding of all new business.

“It is a pleasure to welcome Robert Weening. His strategic, value driven focus in leading and achieving business success within the financial services industry will be valuable to Meracord as we continue to grow to meet customer needs with transparency, accuracy and dependability,” said Linda Remsberg, President and CEO of Meracord.

Prior to joining Meracord, Weening was the Chief Financial Officer at Velocity Commercial Capital. In this role, he led the development of key corporate governance and risk management functions, reorganizing the company’s financial accounting and management reporting functions in order to operate in a public company environment. For nine years, Weening held the position of Vice President of Financial Planning and Analysis at C-BASS LLC. There, Weening oversaw the annual budgeting and strategic planning process, the Monthly Management Reporting function and the development and implementation of forecast models.

Weening holds a Master of Business Administration from the Pace University Lubin School of Business and a Bachelor of Science degree from Wagner College in Economics and Business Administration.

In bringing Weening onto the Meracord team, the Company is looking forward to an even brighter, more prosperous future. For more information on Meracord payment processing services, please visit www.meracord.com.

About Meracord

In business for over 30 years, Meracord is a leading third-party payment service provider of contract payments. A privately owned company specializing in trust account management, Meracord is committed to providing safe, accurate and secure payment services allowing customers to achieve financial goals. Meracord’s substantial licensing and bonding, frequent and rigorous audits, proprietary technology and in-house customer service sets the company above its competitors.