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Presidio Networked Solutions Makes Two Strategic C-Level Appointments to Further Accelerate GrowthLeading Value-Added Service Provider (VASP) Names
Paul Fletcher Executive Vice President and CFO and Kevin Mulloy
Executive Vice President of Operational Strategy Greenbelt, MD – September 25, 2007 – Presidio Networked Solutions, the nation’s largest independent provider of Advanced IT Infrastructure Solutions, today named Paul Fletcher Executive Vice President and Chief Financial Officer and Kevin Mulloy Executive Vice President of Operational Strategy. Mr. Fletcher previously served as Chief Financial Officer at Trex Company, Inc., the nation's largest manufacturer of composite decking, railing and fencing. Mr. Mulloy most recently was President at Intelsat Global Service Corporation. These staff additions are part of an aggressive hiring program that is underway throughout Presidio to fuel future growth and profitability. Since March the company has moved aggressively on a program to increase its staffing by over 15% by the end of 2007. Fletcher will report directly to Joel Schleicher, Presidio’s Chairman and CEO, and will guide Presidio Networked Solutions in all financial functions as the company continues its strong pattern of revenue growth and expands into new markets. Prior to his role at Trex, Paul served in the same capacity at AMX Corporation, an advanced control systems and technology company. Mr. Fletcher also held the positions of Vice President and Treasurer at Excel Communications and Senior Vice President and Treasurer at Lomas Financial Corporation. Fletcher received his B.S. in Economics from Albion College and holds an MBA from Northwestern University’s Kellogg School of Management. Mr. Mulloy will also report directly to Schleicher and will work closely with Presidio’s three divisional presidents to identify and implement best practices throughout the company. While President at Intelsat Global Service Corporation (IGSC), Mulloy was responsible for operations, network engineering, satellite engineering, and IT for the Intelsat Group of companies. Prior to Intelsat, Mulloy was a partner at McKinsey & Company serving technology, telecommunications and industrial clients in areas of strategy, M&A, operational improvement, and technology management. Mulloy graduated from the US Naval Academy and received his MBA from the Wharton School of Business, University of Pennsylvania. “I’m pleased to welcome Paul and Kevin aboard,” said Schleicher. “Presidio Networked Solutions is growing rapidly, and the stellar track records of these men in building strong companies will serve us well as we set new targets for growth and seize new opportunities.” In April 2007, Presidio Networked Solutions announced year-over-year
growth of 37% in the delivery of Advanced Technology solutions such
as Unified Communications, VoIP, security, wireless, optical and
storage. The company’s customers represent over 50% of the
Fortune 5000 and a breadth of major federal agencies, including
the Department of Homeland Security, Department of Commerce, Treasury
Department, US Air Force, and the US Navy. In 2006 Presidio became
the eighth largest Cisco partner, and is Cisco's third largest provider
of unified-communications solutions. Presidio Networked Solutions addresses the complete technology lifecycle – plan, design, integrate, operate and optimize – for the enterprise, commercial and government markets. Presidio’s comprehensive portfolio comprises unified communications, wireless, security, storage, and network infrastructure solutions, and the company represents such vendor partners as Cisco, EMC, IBM, Microsoft, NetApp, Nortel, and Sun. The company holds the highest networking industry certifications from Cisco Systems (Master Unified Communications Specialization and Gold Certified Partner), Nortel (Elite Advantage Partner), and IBM (Premier Partner), as well as a host of other high-level certifications. Presidio Networked Solutions also offers customers an extensive range of financing solutions, including leasing. The name Presidio Networked Solutions is a trademark of Presidio Networked Solutions. Other trade names used in this document are acknowledged to be the properties of their respective owners.
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