Two Professionals Join CBE Group’s Leadership Team

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CBE Leverages the Skills of an Industry Veteran and an Analytics Expert

CBE Group (CBE), a leader in the debt collection industry, recently hired two new experts to join CBE’s Leadership Team. Mr. Ryan Schimmel joined CBE as Vice President of Financial Service Operations and brings more than 12 years of industry experience. Mr. Stephen Ogunyemi has been appointed as CBE’s Vice President of Analytic Solutions Group and brings over 16 years of experience and education in the areas of analytics, risk management and project management.

Mr. Ryan Schimmel – Vice President of Financial Service Operations
As Vice President of Financial Service Operations, Schimmel is responsible for successful management and growth of CBE’s Financial Services Division, which focuses on loans, credit cards, direct deposit accounts (DDA), mortgages and other forms of credit and lending.

Schimmel’s in-depth experience brings value to CBE’s operational team and Leadership Team. “Ryan demonstrates the combination of experience, flexibility and high ethical standards that we demand at CBE,” commented Chad Benson, Senior Vice President and COO. “I appreciate the added value and the perspective that he brings to the table. Ryan’s position is instrumental to our growth in the financial services industry,” Benson continued.

Schimmel’s most recent experience includes seven years at RMS Corporation, now owned by iQor. There, he developed and managed start-up portfolios, including three large card issuers and a large debt buyer. Prior, Schimmel spent time at Metris Companies, Inc., now HSBC, and M.R.S. Associates, Inc. He holds a BS from Pennsylvania State University and an MBA from Temple University.

“CBE offered the perfect cultural fit for me,” Schimmel said. “Their approach to debt collections is in line with my personal beliefs and I am excited about this opportunity to join such a dynamic, forward-thinking team,” he continued.

Mr. Stephen Ogunyemi – Vice President of Analytic Solutions Group
Ogunyemi oversees CBE’s three, primary operational support groups: Analytics Solutions Group, Project Management Office and Strategy Management Group. Ogunyemi is responsible for team synergies that provide a high-level, strategic and dedicated resource for all of CBE’s operational divisions.

Ogunyemi’s background and education offer a unique level of sophistication and expertise that was a perfect fit for CBE. “Stephen has vast experience and knowledge of all things strategy and analytical. His approach in data and project management is a great match for CBE’s growing analytical needs,” said Benson.

Ogunyemi’s experience includes six years of risk management experience in the insurance industry, as well as two years of experience as Director of Operations Analytics with Highmark. He has been responsible for directly reducing costs related to performance analytics. Ogunyemi holds a bachelor’s degree, two master’s degrees, a PhD and an MBA. He is also a Six Sigma Black Belt and an Alumni of Harvard Business School of Executive Education.

“CBE has been extremely proactive in its use of analytics to improve the outcome of performance at an operational level. This level of commitment and understanding is crucial in the effective application of analytical resources,” Ogunyemi said. “I am eager to take their approaches to the next level to make even bigger gains in the areas of business intelligence and decision making, operational improvements and performance metrics,” he continued.

CBE will continue to announce other proactive, corporate debt collection initiatives that support the company’s mission of Defining the future of debt collection®.

About CBE Group
CBE has been in the accounts receivable management business since 1933 and currently employs nearly 1,000 people in four locations nationwide. Its corporate headquarters is located in Cedar Falls, Iowa, with additional facilities in West Des Moines, Iowa; Overland Park, Kansas; and Atlanta, Georgia. CBE was named Greater Cedar Valley Business of the Year in 2011 and one of the best places to work in the Waterloo/Cedar Falls metropolitan area the last seven years. CBE represents many of the nation’s most renowned and respected organizations in a variety of industries including healthcare, utilities, satellite, telecommunications, financial services, education and government. For more information, visit

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Lindy Winterscheidt
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