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PenChecks®, Inc. Looks to the Future With New Chief Technology Officer

by PenChecks Trust | Feb 28, 2022

SAN DIEGO, CA, February 21, 2022 – PenChecks, Inc., parent company of PenChecks Trust®, a leader in innovative retirement plan distribution solutions, is pleased to announce the addition of Darryl Kuhn as the firm’s new Chief Technology Officer (CTO). Darryl brings more than 20 years of software enterprise leadership experience to the PenChecks team, having held CTO and other senior executive positions for companies in the logistics, e-commerce and highly regulated healthcare industries.

Prior to joining PenChecks, Kuhn held the position of VP of engineering at LettuceBox, a cold-chain logistics platform servicing some of the world’s largest food distribution organizations. Other enterprise-level positions included CTO of AristaMD, a telehealth company that provides access to specialty care consultants while reducing health care costs and improving outcomes; and CTO of Skinit, an on-demand personalization platform licensed by Microsoft, 3M, HP and other Fortune 500 enterprises.

As CTO for PenChecks, he leads the continued development of Amplify, PenChecks’ powerful distributions processing platform, as well as the National Registry of Unclaimed Retirement Benefits (NRURB), and ensures a safe, secure online experience for the company’s clients and their plan participants. He also provides the infrastructure and resources for the engineering team to anticipate and meet the complex and evolving needs of PenChecks clients while guiding the company’s transformation into a leading Fintech company.

“The financial services industry is undergoing rapid change, both from a regulatory and service provider perspective,” says Spiro Preovolos, President and CEO of PenChecks. “Darryl has the experience and expertise to guide PenChecks in developing enterprise software that expands and elevates our service offerings for our clients and will help position us as a leading Fintech company as we offer new and powerful financial service products and tools.

Kuhn has earned numerous software awards including the Axiem Award for Design Excellence and has been granted multiple patents covering order fulfillment, content management, and logistics. He is a founding member of 7CTOs, a global professional development organization for technology leaders.

About PenChecks Trust

PenChecks Trust is a state-chartered, non-depository trust company and one of the largest independent providers of outsourced Benefit Distribution Services and Automatic Rollover IRAs and Missing Participant IRAs in the U.S. With over 25 years in business, PenChecks Trust is an expert and industry-leading provider of unique and comprehensive solutions for a myriad of plan and distribution issues. Services include automated and branded solutions for benefit payments, benefit election processing, missing participant searches, Automatic Rollover and Missing Participant IRAs, uncashed/stale-dated check resolution and Abandoned Plan/QTA services. Customers include Institutions, Third-Party Administrators, and Plan Sponsors, Advisors, and Participants.

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