Executive Change: Ontario Systems Names Co-Founder Ron Fauquher CEO

Ontario Systems’ Board of Directors unanimously elected Ron Fauquher as its new CEO. The change is effective immediately. Prior to his appointment as CEO, Mr. Fauquher, Senior Vice President and Chief Strategy Officer, led product direction, partnership development and new business acquisition efforts. Former CEO Tony Reisz will be leading another organization in the insurance industry.

Ontario Systems, a recognized leader in the account receivables industry, has provided solutions and thought leadership for more than 30 years. Joining its award winning FACS™, Artiva™ and Guaranteed Contacts™ product lines, Ontario Systems recently launched its natively fused Collect Savvy™ platform.

“I am honored to lead the company at this exciting time,” explained Fauquher. “We have released more new products in the last six months than any other time in our company’s history. We have the best customers in the industry – and it’s my job to make sure we continue to serve them in the best way possible.” Fauquher went on to say that Ontario Systems’ product development strategies will remain unchanged. “Our commitment to the account receivables industry and to our clients and partners is as strong as ever.”

Wil Davis, Chairman of the Board of Ontario Systems, said, “We could not have selected a stronger leader than Ron Fauquher for this point in Ontario Systems’ long history. Ron is a seasoned business leader. He has been behind Ontario Systems’ product innovations and business strategies since its beginnings more than three decades ago. The industry knows him well – and he knows our company and capabilities better than anyone. Ron has a clear vision for the future and is passionate about customers. I know that he’ll take the best of what we are now and lead the company to new heights.”

Fauquher went on to say that, “We will continue to invest significantly in our products and are committed to our current product direction. We’re very excited about the future – and the new phase of growth and innovation already underway at Ontario Systems.”

Ontario Systems, LLC provides software and technology solutions to recover consumer and business payments in highly regulated industries. Powered by its market-leading solutions, Ontario Systems’ clients return nearly $20 billion into the U.S. economy each year. Featuring cloud-based solutions, highly configurable business process automation and connectivity links to data service providers, Ontario Systems helps its clients to flexibly scale their operations, manage the complexity of their lines of business, navigate through regulatory change and analyze how to drive better performance and results.

Founded in 1980 and headquartered in Muncie, Indiana, Ontario Systems can be found online at www.ontariosystems.com.