Synchronoss Announces Key Appointments to Senior Leadership Team
November 03 2022 - 4:05PM
Synchronoss Technologies
Inc. (“Synchronoss” or the “Company”)
(Nasdaq: SNCR), a global leader and innovator in cloud,
messaging, and digital products and platforms, today announced the
following key leadership appointments: Louis “Lou” Ferraro Jr.,
previously acting Chief Financial Officer (“CFO”) has been
appointed CFO, and Mina Lackner, previously acting Chief Human
Resources Officer (“CHRO”), has been appointed to the CHRO
position. Both appointments are effective immediately.
Ferraro will be taking on the permanent CFO role
after serving as the Company’s acting CFO since August of this
year. Ferraro has been with Synchronoss since 2018, working in
multiple senior leadership roles, including holding positions as
the Company’s EVP of Financial Operations, CHRO and a previous
stint as acting CFO in 2021. In his time at Synchronoss Ferraro has
spearheaded many initiatives that have helped to improve the
Company’s financial controls and reporting. In this new role,
Ferraro will continue to oversee global financial operations and
report to President and CEO Jeff Miller.
Prior to joining Synchronoss, Ferraro worked as a business
consultant for the Populus Group supporting Comcast Corporation.
From 2014 to 2016, he was the COO/CFO of BrandYourself.com Inc.,
where he led the finance and operations team during a period of
significant growth. Ferraro also previously served as the CFO of
AWI/iMobile, CEO for Magicpins.com and held various 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,”
said 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 begin her new role with Synchronoss after serving
most recently as the Company’s acting CHRO, also reporting to
Miller. She has been with Synchronoss since 2016 and brings more
than thirty-five years of public company HR experience, including
over a decade in senior leadership positions. Prior to joining
Synchronoss, she worked at Vonage for ten years in various
leadership roles including acting 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,” said 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 SynchronossSynchronoss Technologies
(Nasdaq: SNCR) builds software that empowers companies around the
world to connect with their subscribers in trusted and meaningful
ways. The company’s collection of products helps streamline
networks, simplify onboarding, and engage subscribers to unleash
new revenue streams, reduce costs and increase speed to market.
Hundreds of millions of subscribers trust Synchronoss products to
stay in sync with the people, services, and content they love.
Learn more at www.synchronoss.com.
Media Relations Contact:Domenick
CileaSpringboarddcilea@springboardpr.com
Investor Relations Contact:Matt Glover and Tom
ColtonGateway Group, Inc.SNCR@gatewayir.com
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