Quiktrak, a provider of third-party inspection and inventory auditing services to the financial services industry, announced that Jim Merrilees will join Quiktrak as the company’s new president.

Merrilees previously served as vice president and marketing manager at Pacific Capital Bank, Equipment Leasing Division, where he managed the sales development and broker programs. His experience also includes tenure as president of Colonial Pacific Leasing Corporation, and participation on several industry Boards.

Merrilees is a Certified Leasing Professional and serves on the CLP Foundation Board of Directors.

As President, Merrilees will join CEO Greg Froomer in leading Quiktrak.

"I am pleased to announce that after just completing one of the most successful quarters in Quiktrak's history, we are preparing to increase our industry footprint with the addition of Jim Merrilees," said Greg Froomer, CEO of Quiktrak. "In appointing Jim, we have put in place the next phase of our growth strategy, to aggressively build an industry leading business of inspection services and floor plan audits based on the highest standards of due diligence and risk management."

"I am delighted to be joining the leadership of Quiktrak, a company with the ambition and vision to create a new standard in the financial services industry," Merrilees said. "This is a unique opportunity and I look forward to working with an organization that is poised to raise the bar for due diligence quality and performance."

"We believe that the addition of Jim as president will allow Quiktrak to leverage its experience and inspector base into a larger marketplace, while maintaining the quality and service that our clients have come to expect from Quiktrak," said Don Froomer, Chairman of Quiktrak.