Financial Recovery Technologies (FRT), a provider of securities class action recovery services, has placed Michael Cotter in the newly created role of Chief Revenue Officer. He joins the company with immediate effect, per a company statement.
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In his new role Mr. Cotter will continue to develop and lead the group’s global team, focusing on a multitude of sales and marketing functions. In this capacity he will also be managing an expanding network of industry leading business partners. He will be based out of Boston.
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Mr. Cotter joins FRT after a lengthy career in the financial services industry, spanning over two decades. Most recently he worked as an Executive Advisor at Trefis. Additional stints include stops at TiE-Boston, Nasdaq OMX as its Senior Vice President, as well as seven years at Thomson Reuters in several senior roles. He has been an Executive Advisor with FRT since April 2016, according to information made public on his Linkedin profile.
According to Rob Adler, President at FRT, in a recent statement on the appointment: “Mike has an outstanding track record of shattering revenue goals and targets at every stage of his career. We’ve already made the jump from start-up to market leader, but there is still tremendous market and business opportunity in front of us. Mike will help FRT maximize the opportunities for growth that are in front of us.”
“FRT’s deep expertise and leading technology platforms set us apart from our competitors, and our year over year growth validates that. On this trajectory, we’ll further cement our model as the de facto standard for securities class action recoveries, and secure a lot of unclaimed money for current and future clients along the way,” added Mr. Cotter in an accompanying statement.