NEW YORK, March 2, 2015 (GLOBE NEWSWIRE) -- Presidio Holdings, Inc. ("Presidio") today announced the composition of its new Board of Directors ("Board") after the acquisition of Presidio by funds affiliated with Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") on February 2, 2015. Presidio's Board will be comprised of:
Bob Cagnazzi, Chief Executive Officer ("CEO") and Board member of Presidio since 2012, will continue to serve as CEO and Board member.
Chris Edson, a Principal at Apollo who joined the firm in 2008.
Matthew Nord, a Partner at Apollo who joined the firm in 2003.
Todd H. Siegel, the Chief Executive Officer of Affinion Group. Mr. Siegel formerly held a variety of operating and financial roles, including Chief Financial Officer of Affinion Group and General Counsel of Cendant Marketing Group. Mr. Siegel will serve as the Chair of Presidio's Audit committee.
Joe Trost, the Chief Operating Officer of Novitex Enterprise Solutions. Mr. Trost has 30 years of experience in the IT services industry in a variety of roles including sales, operations, solution design and development and business transformation.
John Visentin, current Executive Chairman and Chief Executive Officer of Novitex Enterprise Solutions. Mr. Visentin has over 30 years of experience building and managing IT services and solutions organizations that scaled as high as 140,000 people. Mr. Visentin will serve as Chairman of the Board.
"We are very fortunate to have such a talented board that brings a tremendous amount of investment, technological, operational and leadership expertise and experience to the table," said Bob Cagnazzi, CEO of Presidio. "I'm confident they will make enormous contributions to support our team in continued growth, strengthening our partnerships and building value for our clients, employees, partners and shareholders."
Presidio is the leading provider of professional and managed services for advanced IT solutions. By taking the time to deeply understand how our clients define success, we architect enduring technology solutions that address their business needs. Our approach blends the credibility to deliver practical results today, with the creativity to drive the business visions of tomorrow. More than 2,400 Presidio IT professionals, 1,500 of which are engineers with over 2,000 industry leading certifications, are based in 50+ offices across the US. We serve our clients through a unique, local delivery model while capitalizing on our scale as a multi-billion dollar industry leader. We are passionate about driving results for our clients and delivering the highest quality of service in the industry. For more information visit: www.presidio.com.
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