Resolute Commercial Services is thrilled to announce that President and Founder Jeremiah Foster has been recognized by Titan CEO as a 2022 Phoenix Titan 100. The Titan 100 program recognizes Phoenix’s Top 100 CEO’s & C-level executives. They are the area’s most accomplished business leaders in their industry using criteria that includes demonstrating exceptional leadership, vision, and passion. Collectively the 2022 Phoenix Titan 100 and their companies employ upwards of 90,000 individuals and generate over $32B in annual revenues.
This recognition highlights Resolute’s continued success in diagnosing and resolving the challenging financial and operations issues impacting middle market companies.
“The Titan 100 are shaping the future of the Phoenix business community by building a distinguished reputation that is unrivaled and preeminent in their field. We proudly recognize the Titan 100 for their successes and contributions. We know that they will have a profound impact that makes an extraordinary difference for their customers and clients across the nation.” says Jaime Zawmon, President of Titan CEO.
“I was humbled to have received this award,” says Foster. “The work my team accomplishes at Resolute is rewarding and in all, my goal is always to contribute positively and offer my true self in everything I do.”
Foster was recognized for his impact in the turnaround industry. One area of highlight was his victories in the fight against Merchant Cash Advance lenders, or MCAs. Described by Bloomberg as the “debt-collection machine that’s chewing up small businesses across America,” MCA companies are known to charge rates of up to 400% annualized interest – often devastating struggling companies and forcing closure or bankruptcy.
As a Chapter 11 bankruptcy Trustee, Foster took a MCA lender to court for a return of usurious loans. The result was a $2.5MM victory, setting a precedent for future legal battles against a predatory industry across the nation.
Aside from his work in the field, Foster currently serves as a Board Member for Special Olympics of Arizona and is Emeritus Board Member for Junior Achievement of Arizona. Previously, he has served as Chairman of the Board and Member of the State and Central Executive Committees for Junior Achievement of Arizona.
About Resolute Commercial ServicesResolute is an independent business advisory firm focused on diagnosing and resolving the challenging issues impacting middle market companies with annual earnings between $10 million and $500 million. Resolute provides solution-oriented fiduciary, financial, business, and real estate advisory services. Its services are utilized by businesses, financial institutions, law firms, and state and federal courts.
Since its founding in 2008, Resolute has provided services in 36 states, with a strong presence in the Southwest and Mountain West regions. Its experienced staff has managed over $1 billion in distressed assets and sold more than 75 assets/enterprises with a total value of more than $250 million.
About Titan CEOTitan CEO brings CEOs together through private events and roundtables. We also provide private, instructor-led peer groups for Titan CEO members. Held monthly, our CEO peer groups are designed to meet a CEOs unique need as a business leader by facilitating curriculum that helps to build business valuation and tackle everyday business challenges. We offer a suite of resources including private coaching, high-level networking, and executive level retreats. Through our community, we aim to work with CEOs to help them connect and grow as Titans of industry.