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Home arrow News arrow LBS arrow Velocita Wireless Strengthens Senior Management Team with Three New Executive Appointments     




Velocita Wireless Strengthens Senior Management Team with Three New Executive Appointments PDF Print E-mail
Written by Velocita Wireless   
Thursday, 02 June 2005

Craig Gosselin Appointed Chief Marketing and Sales Officer Christopher A. Holt Named Chief Legal Officer and Corporate Secretary Bruce Forsyth Named Vice President of Marketing

WOODBRIDGE, NJ, June 2, 2005 --- Velocita Wireless, L.P., a leading provider of wireless data connectivity for mission-critical applications, today announced the appointment of three senior executives to its corporate management team, led by President and Chief Executive Officer Charles Nelson. Craig Gosselin has been appointed Chief Marketing and Sales Officer, Christopher A. Holt has been named Chief Legal Officer and Corporate Secretary and Bruce Forsyth has been named Vice President of Marketing. Mr. Gosselin and Mr. Holt will report directly to Mr. Nelson. Mr. Forsyth will report to Mr. Gosselin.

"The appointment of these three seasoned executives further strengthens what I believe is already one of the most talented and experienced management teams in our industry," said Mr. Nelson. "The breadth and depth of experience and insight that Craig, Chris and Bruce bring to our company, in their respective areas, will be invaluable. We expect their combined wealth of business and wireless data management experience to be an integral part of our ongoing success as we forge ahead with our aggressive growth strategy."

In the newly-created role of Chief Marketing and Sales Officer, Mr. Gosselin assumes responsibility for Velocita's sales and marketing organizations, including direct and indirect channels, product management and marketing, and marketing communications. A recognized industry leader with over 20 years of experience building and managing world-class sales and marketing organizations, Mr. Gosselin comes to Velocita from Virgin Mobile USA, where he was a member of the senior leadership team as Vice President of Sales and Distribution. In this role, he was responsible for creating the Virgin Mobile presence at over 30,000 locations, resulting in 2 million new customers.

 

Previously, Mr. Gosselin held the position of Senior Vice President at American Express, where he directed a sales and service team of 1,000 people and was a member of the senior management team. Prior to that, he served as a Managing Director with Deutsche Bank, leading the client service organization supporting the Securities Services business, and held multiple leadership positions with AT&T in the areas of sales, service and product management. Mr. Gosselin holds a B.S. degree in electrical engineering from Worcester Polytechnic Institute and a M.B.A. from the University of Houston. As Velocita's Chief Legal Officer and Corporate Secretary, Mr. Holt is responsible for all legal, regulatory and corporate governance activities of the company and its subsidiaries. An accomplished attorney, Mr. Holt comes to Velocita Wireless from ATX Communications, a leading public provider of telecommunications and Internet services, where he served as Chief Legal Officer, Corporate Secretary and Head of External Affairs. Prior to that, he served as a member of the corporate legal team and headquarters staff of NTL, Inc., a leading U.K. and European provider of broadband cable, telephony and Internet services. Previously, Mr. Holt spent nine years in private practice at two highly regarded law firms in Washington, D.C., where he represented a number of high-profile clients on complex litigation, regulatory and transactional matters. Mr. Holt is a member of the Bars of several state and federal courts and holds a J.D. degree from the Columbus School of Law, Catholic University, and a B.A. degree from Drew University. In his role as Vice President of Marketing, Mr. Forsyth will lead the day-to-day marketing operations of Velocita Wireless including product marketing, development and management, marketing communications and channel and partner support. An acknowledged turnaround expert and seasoned telecommunications veteran with over 20 years of experience, Mr. Forsyth comes to Velocita from REO Consulting Group, LLC, which he co-founded. As part of REO, he performed due diligence on Velocita and subsequently played a key role in the acquisition of Velocita from Cingular Wireless. Prior to the Velocita acquisition, Mr. Forsyth spent four years performing due diligence and business case analysis on numerous communications and media companies, on behalf of Cerberus Capital Management, L.P. Prior to REO, Mr. Forsyth served in a number of executive marketing, financial and operational capacities with leading companies such as Frontier Communications, MCI and Intermedia Communications. He holds a B.A. degree from Hiram College and an M.B.A. degree in marketing and finance from the William Simon School of Business, University of Rochester.

 

New Appointments Complement Recent Additions to Senior Management Team

The appointment of Messrs. Gosselin, Holt and Forsyth will augment the Company's recent addition of Paul Miller as Chief Operating Officer and George Parise as Chief Financial Officer to comprise a leadership team that will focus on building an integrated, go-to-market strategy for continued growth in the M2M, AVL, POS and email and messaging business segments.

As Chief Operating Officer, Mr. Miller has responsibility for leading the day-to-day operations and planning of Velocita Wireless. The Company's customer operations, networking and information technologies groups report directly to Mr. Miller. Prior to joining Velocita, Mr. Miller served as Chief Operating Officer of SkyOnline, a competitive telecom service provider in Latin America, where he was responsible for deploying satellite and fixed-wireless services. Prior to SkyOnline, Mr. Miller held a number of executive-level positions with Lockheed Martin in the areas of program management, operations and business development, including serving as Vice President and Acting Chief Executive Officer of LMI, a Lockheed joint venture with Intersputnik. He also served in a number of systems engineering and program management roles with GE's Aerospace Group. Mr. Miller holds a B.S. degree in electrical engineering from the Pennsylvania State University.

In his role as Chief Financial Officer, Mr. Parise is responsible for overseeing Velocita's accounting, finance, purchasing, treasury and human resources departments. Prior to joining Velocita, Mr. Parise co-founded REO Consulting Group, LLC, which was retained as a member of the Cerberus Operations Management team since 2000. Mr. Parise has assisted Cerberus Capital Management in evaluating numerous potential investments and overseeing financial operations and capital market activities of several portfolio companies. Mr. Parise has also held senior financial positions in a number of publicly and privately held telecommunications companies including Chief Financial Officer of CellularVision and OnTera Broadband and Senior VP of Finance at CAI Wireless Systems. Prior to these positions, he served as Vice President of Accounting at a non-regulated operating unit of Verizon and spent five years at Ernst & Young. Mr. Parise holds a B.S. degree in accounting from Seton Hall University and is a Certified Public Accountant.

About Velocita Wireless, L. P.

Headquartered in Woodbridge, New Jersey, Velocita Wireless is dedicated to providing premier, complementary, wireless data products and services for enterprises and governmental organizations deploying mission-critical wireless email, messaging, machine-to-machine, automated vehicle location, point-of-sale and field force automation applications. For over a decade, Velocita has provided direct and wholesale wireless data connectivity through its national packet data network to over 400 Fortune 1000 companies, 50 government organizations and nearly 25% of all BlackBerry users, nationwide.

 

Today, Velocita's network covers 93% of the U.S. business population in 492 metropolitan areas and 130 airports and is the standard by which all other wireless data networks are measured. Through hurricanes and disasters, the Northeast blackout and the events of September 11, the network provider that keeps on working and keeps companies connected and communicating is Velocita Wireless. For additional information, please visit www.velocitawireless.com.

 

Velocita Wireless is a trademark of Velocita Wireless, L.P. BlackBerry is a trademark of Research in Motion Limited. Other company, brand, and product names referenced herein may be trademarks or registered trademarks of their respective owners.

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