Nitel Founders Move to Board Observers Post-Private Equity Investment

Nitel founders Rick Stern and Ron Grason have vacated their leadership roles two months after announcing a private equity investment.

Stern, the former CEO, and Grason, formerly president, have moved to board observer roles at the technology services provider. According to a news release, they remain “investors in the business.”

Shaw, Margi_Nitel

Nitel’s Margi Shaw

Margi Shaw has moved from chief operating officer to CEO. The company also promoted Mikail Shomade to chief operating officer and Mark Dickey to chief revenue officer.

Nitel announced its partnership with London-based private equity firm Cinven in November.

“Now, with the additional firepower of Cinven and an elite leadership team at the helm, we are poised to more tightly align with the needs of customers through growth and expansion,” Shaw said.

Shaw joined the Chicago-based company in 2020. Her past employers include Comcast Business, where she led engineering operations, and Illinois-based First Communications, where she was 

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MEF Elects Executives of Main World-wide Electronic Company and Technologies Companies to Board of Directors

Board retains phrase-class leadership and welcomes new executives united in the mission to accelerate global business electronic transformation

LOS ANGELES, July 22, 2021 (World NEWSWIRE) — MEF, a worldwide field association of network, cloud, and know-how vendors doing work together to empower enterprise digital transformation, these days declared the effects of the 2021-2022 Board of Directors elections at the MEF Once-a-year Members Meeting. MEF’s new Board involves an skilled group of provider and technological innovation visionaries and leaders concentrated on advancing a framework for electronic company suppliers to acquire, monetize, and scale providers throughout an automatic, inter-connected ecosystem.

MEF’s affect on driving network transformation across the globe is mirrored in the broad geographic representation on the Board.

MEF 2021-2022 Board of Administrators

  • Nan Chen, Head of The A single Community, Ericsson

  • Frederick Chui, Main Industrial Officer, PCCW World

  • Andrew Dugan, Chief Technological innovation Officer, Lumen

  • Shawn Hakl, Vice President,

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