May, 2001 : Interliant Names New Chief Financial Officer
📅 - Interliant, Inc. (interliant.com) today announced the appointment of Francis J. (Frank) Alfano as Chief Financial Officer effective immediately. Alfano previously served as Interliant's senior vice president for Corporate Development. Alfano will replace Bill Wilson, who resigned as CFO to pursue other opportunities.
"Strong financial management and continuity are critical to Interliant's growth and development as an organization," said Bruce Graham, Interliant CEO and president, "and we have both in Frank. His strong financial background, combined with his knowledge and understanding of Interliant's business and goals, makes him the logical choice for this critical position.
"Bill Wilson has been a vital member of the Interliant team for the past three years and was instrumental in our successful IPO in 1999 as well as in other critical funding efforts," Graham added. "We wish Bill success and thank him for all his contributions."
"The Company's focus is on driving short-term organic revenue growth while positioning itself for long-term market expansion and, most important, profitability," said Alfano. "I will be focused on positioning Interliant to achieve those goals. I intend to concentrate my efforts on strategically aligning business resources with revenue so we can achieve aggressive, accelerated growth in our core solutions areas. In addition, I will continue to drive our strategy of exiting non-core businesses."
Alfano joined Interliant in 1998 to execute the company's consolidation strategy, serving as senior vice president for Strategic Acquisitions, with responsibility for all merger and acquisition activity. In 2000 he moved in to the Corporate Development role in which, in addition to mergers and acquisitions, he was responsible for strategic business relationships and the Web hosting business. Prior to joining Interliant, Alfano was director of taxes and later vice president of business development at GE Capital Information Technology Solutions, Inc. (formerly AmeriData Technologies Inc.). Alfano was a senior manager in Ernst & Young's tax department before moving to GE Capital. He is a CPA and holds a Bachelor of Science degree in business administration from the University of Arizona.
"Strong financial management and continuity are critical to Interliant's growth and development as an organization," said Bruce Graham, Interliant CEO and president, "and we have both in Frank. His strong financial background, combined with his knowledge and understanding of Interliant's business and goals, makes him the logical choice for this critical position.
"Bill Wilson has been a vital member of the Interliant team for the past three years and was instrumental in our successful IPO in 1999 as well as in other critical funding efforts," Graham added. "We wish Bill success and thank him for all his contributions."
"The Company's focus is on driving short-term organic revenue growth while positioning itself for long-term market expansion and, most important, profitability," said Alfano. "I will be focused on positioning Interliant to achieve those goals. I intend to concentrate my efforts on strategically aligning business resources with revenue so we can achieve aggressive, accelerated growth in our core solutions areas. In addition, I will continue to drive our strategy of exiting non-core businesses."
Alfano joined Interliant in 1998 to execute the company's consolidation strategy, serving as senior vice president for Strategic Acquisitions, with responsibility for all merger and acquisition activity. In 2000 he moved in to the Corporate Development role in which, in addition to mergers and acquisitions, he was responsible for strategic business relationships and the Web hosting business. Prior to joining Interliant, Alfano was director of taxes and later vice president of business development at GE Capital Information Technology Solutions, Inc. (formerly AmeriData Technologies Inc.). Alfano was a senior manager in Ernst & Young's tax department before moving to GE Capital. He is a CPA and holds a Bachelor of Science degree in business administration from the University of Arizona.
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