Executive Change: Bill Borkovitz to FAMS

Financial Asset Management Systems, Inc. (FAMS) is pleased to announce that Mr. Bill Borkovitz has joined the FAMS executive team as Chief Operating Officer.

Mr. Borkovitz was most recently Executive Vice President at Radian Guaranty, Inc., the 3rd largest U.S. mortgage insurance organization.  Prior to his tenure at Radian, Inc., Mr. Borkovitz held various executive level positions at Fidelity Investments, Caremark Rx, Inc., Citicorp, Inc., and Dun and Bradstreet.  His business background includes business analysis, operational performance enhancement, technology integration, and strategic planning to drive financial performance.

A 1984 graduate of the University of Delaware with a B.S. in Finance, Mr. Borkovitz has received multiple awards in recognition of his professional achievements.  He is also a member of the Greater Philadelphia Senior Executive Group.

“FAMS search for a Chief Operating Officer has taken many months.  We interviewed many very qualified executives, but Bill Borkovitz had the diverse background and experience that will compliment our executive team.  He has strong management skills and the depth of business experience we needed given our strategic growth plans”, stated Jerry Hogan, President and CEO.