01/13/2015

COCC Announces Officer Promotions

Southington, CT, January 13, 2015 – COCC is an award winning client-owned financial technology company servicing financial institutions throughout the Northeastern United States for over 47 years announces promotions in the areas of Security, Product Management and Finance. 

Kevin Hamel has been named First Vice President, Chief Information Security Officer. With Security and Regulatory issues at the forefront of COCC’s business priority. As Chief Information Security Officer, Mr. Hamel will play a key role to COCC’s future path when it comes to both our internal processes as well as our external business strategy. 

Matt L’Heureux has been named First Vice President, Product Management. Mr. L’Heureux joined COCC in 1998 and has helped in leading COCC’s product development strategy as it relates to all of our products and services that are wrapped around the company’s INSIGHT solution and other ancillary products. He will continue to provide product direction for both current clients as well as future prospects.

Diane Lamb has been named Assistant Vice President, Controller. Ms. Lamb will continue to lead the Accounting team which is responsible for all of COCC’s business lines as well as continue to implement more efficient billing and reporting processes. Her experience within both Accounting and Finance will allow her to maintain the established audit requirements while report accurate financials.

In addition to these Executive Team promotions, COCC will be adding individuals to grow our sales team. Brent Biernat has been named First Vice President, Sales. Mr. Biernat will be leading the sales team and will be reporting directly to Mike Nicastro, SVP & CMO.  Brent will continue to leverage his strong technical experience and will offer additional depth to COCC’s business development strategy while serving as ambassador as COCC continues to penetrate new business markets. Mr. Biernat also completed an Executive program at MIT Sloan School of Management.

“We are very excited about all of these new appointments. These employees have been instrumental over the years in the continued success of COCC,” commented Rich Leone, President & CEO.  “Each of these individuals will continue to play an important role in the strategic direction of the company. These employees have over 45 years collectively with COCC.” Leone continued.  

About COCC

Launched in 1967, COCC was founded by its clients to provide them with more control over features, costs, and the delivery of their technology needs.  Many of these original founding financial institutions are still active COCC clients today. This unique cooperative structure has set COCC apart from the competition and is one of the driving forces behind the success of COCC and the financial institution it serves.  Effectively servicing over 100 billion dollars in assets with unmatched next generation technology backed by superior customer service, COCC has established a track record second to none in delivering on their commitments. COCC is the only financial technology company to have successfully migrated its entire client base from a proprietary legacy system to an open, next generation relational database core system. This migration has helped clients lower their operations costs, improve their ability to service their customers, and to positioned their financial institutions to succeed in the increasingly competitive financial service market place.