Peter M. Leger, 47, has been appointed president and chief operating officer of Credit Management Solutions Inc.
A former executive of Reuters Ltd., Mr. Leger joined Automatic Data Processing Inc. in 1992 as executive vice president of the dealer services group. He was promoted to president of the group in 1994.
"This is a tremendous win for CMSI, as we have added world-class leadership and talent to our management team," said James R. DeFrancesco, chairman and chief executive officer. He cited Mr. Leger's "track record of success in managing high-revenue growth businesses in a Fortune 100 global environment."
Mr. Leger has been a Credit Management director December 1996.
Clients of the company, known for its CreditRevue credit origination and processing system, include NationsBank, Bank One, Wells Fargo, Comerica Inc., and Wachovia Corp. Credit Management recently signed contracts with AT&T, Star Bank, First Union Corp., and Sovereign Bank.