BRIDGEWATER, N.J., Nov. 03, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a worldwide chief and innovator in cloud, messaging, and digital merchandise and platforms, at this time introduced the next key management appointments: Louis “Lou” Ferraro Jr., beforehand performing Chief Financial Officer (“CFO”) has been appointed CFO, and Mina Lackner, beforehand performing Chief Human Resources Officer (“CHRO”), has been appointed to the CHRO place. Both appointments are efficient instantly.
Ferraro will probably be taking over the everlasting CFO function after serving because the Company’s performing CFO since August of this 12 months. Ferraro has been with Synchronoss since 2018, working in a number of senior management roles, together with holding positions because the Company’s EVP of Financial Operations, CHRO and a earlier stint as performing CFO in 2021. In his time at Synchronoss Ferraro has spearheaded many initiatives which have helped to enhance the Company’s monetary controls and reporting. In this new function, Ferraro will proceed to oversee world monetary operations and report to President and CEO Jeff Miller.
Prior to becoming a member of Synchronoss, Ferraro labored as a business marketing consultant for the Populus Group supporting Comcast Corporation. From 2014 to 2016, he was the COO/CFO of BrandYourself.com Inc., the place he led the finance and operations crew throughout a interval of serious progress. Ferraro additionally beforehand served because the CFO of AWI/iMobile, CEO for Magicpins.com and held numerous roles for AT&T Mobility and Verizon Wireless.
“On behalf of the Synchronoss Board of Directors, I’d like to formally congratulate Lou on his appointment to the CFO position,” stated Miller. “Lou has been integral in architecting and implementing many operational enhancements since joining in 2018, and he has capably led from the CFO position since his appointment a few months ago. With Lou’s deep industry knowledge and his extensive leadership experience at Synchronoss and other global telecommunications companies, he is an ideal fit to lead our finance and strategic planning efforts as we execute on our profitable growth, cloud-first strategy.”
Ferraro added, “I appreciate the support from Jeff and our Board in giving me this opportunity to assume the CFO role permanently and look forward to continuing our existing work at such an exciting time for Synchronoss. Our finance team has made demonstrable improvements to our controls, reporting, and other key areas in the last few years, and I believe we can continue to bolster our already-strong position as we continue to build a growing, recurring-revenue and cash generative business in the coming quarters.”
Lackner will start her new function with Synchronoss after serving most not too long ago because the Company’s performing CHRO, additionally reporting to Miller. She has been with Synchronoss since 2016 and brings greater than thirty-five years of public firm HR expertise, together with over a decade in senior management positions. Prior to becoming a member of Synchronoss, she labored at Vonage for ten years in numerous management roles together with performing Head of HR and Senior Director of Human Resources.
“During her time with the Company, Mina has played a critical role in transforming internal processes to improve our corporate infrastructure and enhance employee experiences,” stated Miller. “We look forward to her continued contributions in this elevated role as she joins the senior leadership team.”
Lackner added, “As Synchronoss builds for the future, I look forward to implementing measures that align our organizational processes and employee performance with our business objectives. The senior management team and I are focused on creating positive systems for growth that drive meaningful career development and stakeholder engagement across the Company.”
About Synchronoss
Synchronoss Technologies (Nasdaq: SNCR) builds software program that empowers corporations all over the world to join with their subscribers in trusted and significant methods. The firm’s assortment of merchandise helps streamline networks, simplify onboarding, and interact subscribers to unleash new income streams, cut back prices and enhance velocity to market. Hundreds of tens of millions of subscribers belief Synchronoss merchandise to keep in sync with the individuals, companies, and content material they love. Learn extra at www.synchronoss.com.
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