MEDFORD, Mass., Jan. 11, 2017 — Financial Recovery Technologies (“FRT”), a leading securities class action recovery services provider, has appointed Michael Cotter as its first Chief Revenue Officer. Over the last two years, FRT nearly tripled its roster of clients while rapidly expanding its product suite through innovation and acquisition, enabling the company to attract a seasoned executive like Cotter with his pedigree of success.

As Chief Revenue Officer, Cotter will lead a global team across sales and marketing functions, as well as managing an expanding network of industry leading business partners.

Prior to joining FRT, Cotter spent over 25 years in senior leadership roles across financial services and technology firms, including his most recent roles as Senior Vice President of Nasdaq, Inc., where he spearheaded its Corporate Solutions business, and Global Managing Director of Corporate Services at Thomson Reuters.

“Mike has an outstanding track record of shattering revenue goals and targets at every stage of his career,” said Rob Adler, President at FRT. “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,” said Cotter. “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.”

FRT has more than 600 institutional clients worldwide including hedge funds, asset managers, sovereign wealth funds, pension funds and private banks with more than $25 trillion in collective assets under management.

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