INAP Names Michael T. Sicoli President and CFO
27 Agosto 2019 - 7:05AM
Internap Corporation (NASDAQ: INAP), a leading-edge provider of
high-performance data center and cloud solutions with global
network connectivity, today announced that Michael T. Sicoli has
been named President and Chief Financial Officer, effective October
1, 2019. Mr. Sicoli will lead all Finance and Accounting functions,
Corporate Development, Investor Relations, Information Technology
and Real Estate, and report directly to Peter D. Aquino, the
Company’s Chief Executive Officer.
As previously announced, the Board of Directors
of INAP has also offered, and Mr. Aquino has accepted, an amendment
to his three-year employment agreement ending September 19,
2019. Mr. Aquino will serve as the Company’s Chief Executive
Officer for an additional one-year term through September 19, 2020,
as part of his new Evergreen agreement. In addition, the executive
team reporting to Mr. Aquino will also remain in place,
including: Andrew Day, Chief Operating Officer, leading U.S.
and International day to day operations; Richard P. Diegnan,
General Counsel and Corporate Secretary; and John D. Filipowicz,
Chief Administrative and Compliance Officer.
“It’s a great opportunity to once again team up
with Mike to take INAP to the next level in 2020,” said Mr. Aquino,
Chief Executive Officer. “Mike’s executive leadership
accomplishments throughout his career in the TMT sector are very
impressive. His background in scaling companies, M&A, team
building, and improving work processes makes him a perfect fit for
our next stage of development. Joe DuFresne, SVP, Finance,
Corporate Development, and Treasury will serve a key role on Mike’s
team as we work through our Strategic Initiatives. Joe will
step in as interim CFO for one month until Mike arrives. As
previously announced, Jim Keeley, INAP’s current CFO, will depart
the company on August 30th.”
Mike Sicoli stated, “I am very excited to move
into this executive role at INAP and to be working with Pete and
many familiar faces on his management team once again. This is a
great time to join the team, given INAP’s emerging position in
premier data center and infrastructure services and strategy of
consolidation and gaining scale. I look forward to making an
immediate contribution.”
Mr. Sicoli most recently served as Chief
Financial Officer of GTT Communications Inc., a publicly-traded
provider of cloud networking services to multinational clients.
Prior to joining GTT in April 2015, he served as principal of MTS
Advisors, LLC, a consulting and advisory services firm he founded
in 2013. From 2010 to 2013, he served as Chief Executive Officer of
Sidera Networks, a fiber optic service provider that was merged
with Lightower Fiber Networks in 2013. From 2005-2010, Mr. Sicoli
served as Chief Financial Officer of RCN Corporation, where he
reported to Peter Aquino until the go-private transaction in 2010.
Prior to that, Mr. Sicoli held various positions at Nextel
Communications, Deloitte Consulting, and Accenture. Mr. Sicoli
recently served as a director of Lumos Networks, a fiber-based
bandwidth infrastructure and service provider in the Mid-Atlantic
region.
Mr. Sicoli holds a Bachelor of Arts in Economics
from The College of William and Mary and an MBA from The University
of Virginia, Darden Graduate School of Business Administration.
About Internap Corporation
Internap Corporation (NASDAQ: INAP) is a
leading-edge provider of high-performance data center and cloud
solutions with over 100 network Points of Presence worldwide.
INAP’s full-spectrum portfolio of high-density colocation, managed
cloud hosting and network solutions supports evolving IT
infrastructure requirements for customers ranging from the Fortune
500 to emerging startups. INAP operates in 21 metropolitan markets,
primarily in North America, with data centers connected by a
low-latency, high-capacity fiber network. INAP has over one million
gross square feet in its portfolio, with approximately 600,000
square feet of sellable data center space. For more information,
visit www.INAP.com.
Investor Contacts Richard Ramlall 404-302-9982
ir@inap.com
Carolyn Capaccio/Jody Burfening LHA 212-838-3777
inap@lhai.com
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