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A Thing CrossCheck Promotes Siembieda to President and CEO



CrossCheck Promotes Siembieda to President and CEO

CrossCheck, Inc., recently promoted J. David Siembieda to President and Chief Executive Officer of the nation’s largest privately held payment guarantee company. As part of the management restructure, founder Timothy S. LaBadie and Paul H. Green, past President and CEO respectively, will lead in the creation of a corporate holding company, Concepts Inc. Both companies are headquartered in Rohnert Park, California.

J. David Siembieda takes over as President and CEO after holding the position of Executive Vice President of Sales and Marketing since 1997. Previously, he was the Vice President of Consumer Relations and was instrumental in forming CrossCheck’s Legal Affairs Department. He has been an employee of CrossCheck since 1991.

“After 17 years, Timothy and I feel truly fortunate to have someone in our organization with the leadership and vision that David offers. As EVP of Sales and Marketing, he led CrossCheck to record breaking sales and annual growth of over 40%,” stated Paul Green. “Now, Timothy and I look forward to putting our attention toward developing and investing in new business ventures with Concepts Inc., an incubator of start-up companies.” Both will serve as Co-Chairmen of CrossCheck’s Board of Directors.

CrossCheck provides retail point-of-sale and Internet authorization services, demographic/psychographic profiling, and payment conversion and imaging capabilities. CrossCheck also develops and markets education-based services and tools to enhance the consumer shopping experience. For further information, call (800) 654-2365 or visit www.cross-check.com.

Editor’s Note: The following article is in response to the article “Aggregation of Consumer Financial Information” published in issue 00:08:02. We thank Richard Crone for his comments.

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