NEWS

2.18.2010: Van Ru's Employees Raise Money for Haiti Relief

1.13.2010: Van Ru Appoints Vice President of Operations

11.6.2009: Van Ru Appoints Vice President/CFO

5.21.2009: Van Ru Appoints Vice President of Information Technology

1.26.2009: Van Ru Takes the Lead with ED

1.8.2009: Van Ru Awarded Fourth Consecutive U.S. Department of Education Contract

4.7.2008: Van Ru Appoints Chief Marketing Officer

2.1.2008: Van Ru Announces Appointment of New President

10.8.2007: FTC Invites Van Ru Corporate Counsel to Represent Credit and Collection Industry at Historic Workshop

9.21.2007: Van Ru's Skokie, Illinois Branch Moves to Des Plaines, Illinois

6.6.2007: Van Ru Exceeds $100,000 in Make-A-Wish Donations

5.15.2006: Van Ru Partners with Noble Systems for Collection Center Technology

4.24.2006: Van Ru’s Wisconsin Branch Moves to Milwaukee

10.27.2005: Van Ru Raises Money for Hurricane Victims

7.11.2005: Van Ru Grants 12th Wish

6.30.2005: Van Ru Supports Special Olympics

6.27.2005: Van Ru Announces Expansion

3.28.2005: Van Ru Supports Kids’ Night Out

1.17.2005: Van Ru Opens First International Call Center

10.22.2004: Van Ru Awarded Third Consecutive United States Department of Education Contract

FOR IMMEDIATE RELEASE
For more information, contact:
Jenny Saboya, Director of Marketing Support
P: (800) 468-2678 x 6612
E: corporate@vanru.com

Van Ru Appoints Vice President/CFO

Des Plaines, IL, November 6, 2009 - Van Ru Credit Corporation is pleased to announce the addition of Louis (“Skip”) Spillone, Jr. to the company's Executive Team. Mr. Spillone will serve as Vice President and Chief Financial Officer, leading Van Ru's in-house Accounting, Finance and Human Resources teams.

Skip brings more than 27 years of diverse financial, strategic and operational leadership to Van Ru, including roles at early-stage, entrepreneurial companies, privately-held, mid-size companies and publicly-held, fortune 500 companies.  Most recently, he spent the last 7 years as Vice President and Chief Financial Officer for Brook Furniture Rental, Inc. in Lake Forest, IL. Skip has an established track record of helping companies grow both organically and through acquisition, and he is skilled at managing companies through changing economic cycles. His talent and leadership will help Van Ru to profitably grow its business while better serving its clients.

“I am pleased to add someone with Skip’s experience and business acumen to our management team.  With the addition of Skip, and Brion Henes as VP of Information Technology earlier this year, Van Ru has significantly improved the depth of our senior management team,” said Dan Calderon, Van Ru’s President/CEO.

Mr. Spillone is a Certified Public Accountant and holds an Accounting degree from the University of Illinois and a Masters in Management from the prestigious Northwestern University J.L. Kellogg Graduate School of Management in Evanston, Illinois.

About Van Ru
Van Ru is one of the nation’s largest independent receivables management companies, employing nearly 700 debt collection professionals across its nationwide network of call centers. Van Ru has earned the confidence of its diverse clientele by delivering superior service and integrity since the company's inception in 1953. Van Ru provides innovative collection and call center solutions to clients in the financial services, government, educational, energy, telecommunications and healthcare industries. For more information please visit www.vanru.com or contact Jenny Saboya, Director of Marketing Support, at JSaboya@vanru.com.

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