This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Silver Lake Announces Appointment Of Mark Gillett As Head Of Value Creation

MENLO PARK, Calif. and NEW YORK, Oct. 28, 2013 /PRNewswire/ -- Silver Lake, a global leader in technology investing, announced today that Mark Gillett, departing Corporate Vice President for Skype and Lync at Microsoft, will re-join the firm as Managing Director and Head of Value Creation.  Mr. Gillett will lead the firm's value creation activities as Silver Lake professionals continue to partner with the senior management of portfolio companies to refine and evolve business and technology strategy, enhance operational performance and accelerate business transformation.

Mr. Gillett will succeed Charles Giancarlo, the current Head of Value Creation and a senior technology industry executive.  Mr. Giancarlo, who will remain with Silver Lake through the end of the year and then transition into an advisory role, plans to return to a technology industry operating role.

Mr. Gillett's appointment marks a homecoming to Silver Lake. Prior to joining Skype, the global communications platform, Mr. Gillett led the firm's value creation efforts in Europe, where he played an integral role in the Silver Lake-led investment in Skype.  He joined Skype as Chief Transformation Officer, subsequently taking the role of Chief Development and Operating Officer, and spearheaded the expansion of Skype's global development organization, more than doubling the team of product development engineers.  Mr. Gillett oversaw advances to the company's technology platform and global operations by supporting and enabling significant growth in users, engagement and revenue, and subsequently led Skype's integration into Microsoft following the company's acquisition in 2011.

"We are thrilled that Mark is returning to Silver Lake," said Managing Partner Egon Durban. "Mark's accomplishments at Skype have transformed the company. He is poised to make a significant contribution to our portfolio companies going forward." 

Managing Partner Ken Hao added: "We are incredibly grateful for Charlie's outstanding leadership in advancing our value creation strategy for more than half a decade, and we are gratified he has agreed to serve as a Senior Advisor and counselor for our value creation strategies." 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs