There are exciting new changes on the horizon for the world’s leading telecommunications information and logistics company, Global Capacity. The organization recently announced major changes to its senior management team, naming former COO Jack Lodge as President while Co-Founder and CEO Patrick Shutt transitions to a new role as Vice Chairman of the Board.
In his new role as President effective October 1, 2012, Mr. Lodge will be responsible for the strategic steering of all Global Capacity business across the enterprise. With 22 years of IT and telecom experience, Mr. Lodge is more than qualified for the task at hand. Prior to joining Global Capacity, Mr. Lodge served as General Manager of CentrePath, Inc., a privately held network management and engineering company acquired by Global Capacity in 2006.
“I am honored to have the opportunity to lead Global Capacity as it enters its next phase of growth,” comments Mr. Lodge, Global Capacity President. “With a great team, growing base of customers and the industry leading One Marketplace platform, I am confident we will be successful. I am grateful to continue to have access to Patrick’s leadership and guidance as a member of the Board, and I look forward to working closely with the entire Board to help Global Capacity achieve its potential.”
“Jack Lodge has demonstrated exceptional leadership and execution in his role as COO, and we are delighted to have him lead the Company as its new President,” adds F. Francis Najafi, Chairman of the Board of Global Capacity, and CEO of Pivotal Group. “We believe strongly in the growth potential of Global Capacity, and we have great confidence in Jack’s ability to deliver.”
As Vice Chairman, Mr. Shutt will continue to help guide the strategic direction of Global Capacity, while also pursuing new entrepreneurial ventures in the Cloud space. “I am excited to be joining the Global Capacity Board as I pursue the next steps in my career,” comments Mr. Shutt. “Global Capacity’s business is the strongest it has ever been, and is well positioned for dynamic growth. I look forward to supporting Jack and the Board as the Company executes its plans in 2013 and beyond.”
The news of Mr. Shutt’s appointment as Vice Chairman has also made Mr. Najafi and accompanying Board members and executive leadership extremely pleased. “Patrick is a visionary leader in this market,” comments Mr. Najafi. “His strategic guidance will be a welcome addition to our Board.”
Global Capacity has experienced many notable successes under the strategic management of both Mr. Shutt and Mr. Lodge. Their efforts have led to significant accomplishments including the transformation of One Marketplace Access Exchange into an industry benchmark, as well as Global Capacity achieving substantial improvements in gross margin and 18 consecutive months of positive EBITDA following the organization’s sale to Pivotal Group in 2011. These new senior management changes propel the organization to continue on its unprecedented track of success and profitable growth, further advancing itself within the global marketplace.
