Executive Change: CAB Receivables Management Adds Senior Leadership to Management Team

CHARLESTON, S.C. – In 2009, Kelly Molony, President of CAB Receivables Management (www.cabrmc.com), made the choice to build on his company’s foundation. In spite of a weak economic forecast, Molony felt comfortable investing in CAB Receivables Management. After creating a vision, Molony had to find the appropriate leadership to help execute his vision. After searching on multiple levels, Molony is pleased to announce the additions of Chuck Hobbs, Executive Director of Business Development, and Chris Williams, Chief Operating Officer. “It is very exciting to be able to have these two experienced leaders at CAB Receivables Management team,” stated Molony.

Chuck Hobbs has over 30 years of experience in the cash flow and recovery industry. Throughout those 30 years, Hobbs has been active in the government, medical and education sectors. By working with such clients as the Gwinnett Country Tax Commissioner in Atlanta, GA, Hobbs was responsible for implementing revenue cycle solutions that generated additional net profit to their bottom-line.

Chris Williams, Chief Operating Officer, has spent the past 22 years in the establishing best practice metrics in the revenue cycle business. Williams recently served as Director of Patient Finance for Novant Healthcare. “With over 50 years of industry experience, CAB Receivables Management has built a foundation that is ethical and professional. I wanted to be a part of it,” mentioned Williams.

In the next 60 days, CAB Receivables Management will be tapping into new markets, launching new products and continuing to build on the overall vision of the company.

For additional information regarding CAB, contact Chuck Hobbs @ 843-693-4539 x2007.