Executive Change: Glass Mountain Capital Appoints Robert Russo to Lead Glass Mountain Legal Solutions

CHICAGO – Glass Mountain Capital, a national service provider and receivables management company announced today that Robert A. Russo, formerly with Runci Group, has joined the firm as Sr. Vice President/Chief Development Officer.

With over 25 years of experience, Bob is responsible for developing the firm’s national litigation platform, along with expanding the operating objectives of Glass Mountain Legal Solutions. Bob will also guide the advancement of the firms’ inventory management and analytic capabilities, while building a scalable platform suitable for debt purchasers, Issuers and direct-lender clients.

Glass Mountain Capital’s CEO, Anthony P. Nuzzo, Jr. said, “Bob’s accomplishments over the years and his commitment to the industry will complement our management team. His proven ability to build advanced liquidation strategies to meet the demands of the business is what we were searching for. Bob is responsible for the development of Glass Mountain Legal Group’s national attorney network, as well as helping drive business expansion and growth activities for all Glass Mountain entities. Bob’s extensive knowledge-base will help Glass Mountain Capital expedite its plan to become a leading provider of portfolio and litigation management solutions.”

“I am excited to have an opportunity to work with Anthony and his team of professionals and to participate at a level that will help GMC meet its strategic objectives. This is a successful group that is providing best in class service to the industry and I believe I will be able to leverage my relationships and experience to help contribute to GMC’s continued growth and expansion plans.”

About Glass Mountain Capital, LLC
Founded in 2005 and headquartered in Schaumburg, Illinois, Glass Mountain Capital is a national financial services firm with a dedicated focus on first and third party debt collections. Its management team combines significant industry experience with advanced technologies, creativity and highly trained and motivated employees to implement client-driven recovery solutions.

Whether working as a first-party debt collector or a third-party contingency collections agency, GMC’s management team has the ability to create advanced liquidation solutions that not only provide liquidity for its business partners, but represents their needs with a risk-adverse philosophy.

GMC offers creditors and debt purchasers an opportunity to partner with an agency that has extensive expertise managing accounts receivables. GMC manages performing receivables for monitoring purposes, along with early stage delinquencies, traditional contingency collections management and accounts requiring advanced litigation solutions.

Robert Russo can be reached at rarusso@glassmountaincapital.com or 860-388-6708.