Board of Directors
Chief Executive Officer and Chairman of the Board
Michael Palleschi has more than 18 years of experience in the telecom industry. Currently as CEO, Mr. Palleschi is taking a hands-on approach to overseeing day-to-day operation for all core business structures. Responsibilities include supervising the managerial team, ensuring project efficiency from on-boarding to completion, maintaining corporate communication, new business development, office advancement, vendor and client relations, corporate compliance continuance, procurement and contracts, operations, budget management and turn-around operations.
As a customer focused and results driven executive, Mr. Palleschi has a proven talent for harnessing cutting-edge technology to strengthen corporate systems and maximize operations. He is an established business cultivator that has aggressive experience in managing small to large firms, through the period of company launch to multi-million-dollar success and has done so in highly technical fields. With his expert knowledge in developing and delivering communications networks, he has maintained a reputable record of aligning corporate processes with the company growth strategy. His core competency is based on streamlining operations, improving service-delivery efficiency and enhancing the bottom line. Being a decisive, results-driven project and program leader, Mr. Palleschi has remained committed to reducing costs and increasing ROI through constant technical innovation.
President of Benchmark Builders, Inc. and Director
Fred Sacramone joined FTE Networks in April 2017, when the Company acquired Benchmark Builders, Inc., a leading provider of general contracting management services based in New York. Mr. Sacramone was a co-founder of Benchmark in 2008, and served as the company’s president, continuing in that role following the transaction with FTE while becoming a member of the FTE Networks Board of Directors. Previously, Mr. Sacramone held senior roles in project management, overseeing large and complex projects, including work for Rockefeller Group, Simpson Thatcher, Trinity Real Estate, Del Friscos, Depository Trust, and NBC. He attended the University of Massachusetts (Amherst) and received a Bachelors of Business Administration (BBA ‘91) with a concentration in Finance and Economics.
The President of TelePacific Texas, Brad Mitchell is responsible for TelePacific’s operations across the Lone Star state, with a particular focus on sales. Mr. Mitchell brings a unique combination of insider knowledge and wide-ranging industry experience gained in both the venture capital and established industry leader arenas to his new role. This is a homecoming for Mr. Mitchell, who was instrumental in creating TelePacific’s customer-centric structure and led the company’s sales operations during its early years after nearly a decade of senior leadership positions in Texas and the Gulf Coast for Sprint PCS and Mobilecomm. More recently, Mr. Mitchell served as EVP of Cable & Wireless’ International Accounts and owned and built a highly successful retail franchise operation.
Mr. Mitchell holds a degree in Business Administration from Oglethorpe University in Atlanta.
Compensation Committee Chair
Christopher Ferguson serves as the Managing Director of Tern Capital Partners, LLC, a private equity investment firm that he founded in 2013. Presently, the Tern Capital portfolio includes investments in manufacturing operations, commercial real estate; and several companies in the business services sector. In 2010, Mr. Ferguson co-founded a company in the fiber network industry and served as CEO of the company until June 2013. The central focus of Tern Capital is to identify unique value opportunities in middle market companies.
In September 2006, Inc. Magazine listed Mercer Staffing as the 17th fastest growing private company in America. Mercer, founded by Mr. Ferguson and his partner, Michael Traina, in August of 2001, provides innovative workforce management solutions to a variety of industries including transportation and engineering.
Prior to founding Mercer, Mr. Ferguson and former New Jersey Governor, James J. Florio founded The Florio Group, a private equity investment company. Between 1995 and 2001, The Florio Group and its investment partners provided more than $200 million in financing to 17 different transactions in a variety of industries including manufacturing, distribution and healthcare services. As Managing Director of The Florio Group, Mr. Ferguson was responsible for evaluating the companies that were seeking financing, performing due diligence and maintaining relationships with The Florio Group’s network of investment partners.
Mr. Ferguson served as Chief Financial Officer for Cabot Marsh Corporation in 1995 and remained as a director for the company until 1999. Cabot Marsh Corporation became the 93rd fastest growing private company in America for 1998 according to Inc. Magazine.
In addition to his duties at Tern Capital, Mr. Ferguson serves as a member of the Board of Directors for Pennsylvania Youth Theater, a non-profit children’s theater based in Bethlehem, PA and a member of the non profit organization Embrace Your Dreams, which teaches life skills to at-risk children through golf and tennis programs.
Mr. Ferguson has been a member of the New Jersey and Pennsylvania Bars since 1994. He graduated from Widener University School of Law in May of 1994 and received a Bachelor’s Degree from Villanova University in May of 1990.
Audit Committee Chair
Luisa Ingargiola is the Chief Financial Officer for Magne Gas, a NASDAQ-listed technology company that produces a plasma-based system for the gasification and sterilization of liquid waste. Mrs. Ingargiola currently serves as a Board Director for The JBF Foundation Worldwide and CES Synergies, Inc., where she also serves as the Audit Committee Chair.
Prior to joining Magne Gas, Mrs. Ingargiola worked as a Budget and Expense Manager for MetLife Insurance Company. In this capacity she managed a $30-million-dollar annual budget. Her responsibilities included budget implementation, expense and variance analysis and financial reporting. Luisa previously served as a Board Director, Audit Committee Chair for CBD Energy Limited in 2014.
Mrs. Ingargiola holds a Bachelor’s Degree from Boston University and a Master’s Degree from the University of South Florida.
Nominating and Corporate Governance Committee Chair
Patrick O’Hare has more than 25 years’ experience in the telecommunications industry and is currently the Senior Vice President of Operations at ZenFi Networks, Inc. where he is responsible for network planning, engineering, operations and service delivery. Prior to ZenFi, Mr. O’Hare was the Senior Vice President of Operations and Engineering at Sidera Networks where he led all operations, service delivery and engineering functions and was instrumental in the company’s acquisition by Berkshire Partners.
Mr. O’Hare was also the Senior Vice President of Operations and Engineering at RCN Metro, Sidera’s predecessor company, and was integral to the company’s acquisition by ABRY Partners and the successful separation of assets from the RCN Cable parent company. Previously, he was Vice President of Field Operations for Zayo Bandwidth, where he was responsible for all aspects of field operations and the company’s fiber to the tower deployments. Prior to that, he was Vice President for Field Operations for Level 3 Communications, where he was responsible for field operations, outside plant, colocation and facilities for the East region of North America. During his tenure at Level 3, he also held responsibility nationally for the company’s Customer Program Management organization. Before joining Level 3 in 1999, Mr. O’Hare held several management positions of increasing responsibility in corporate communications, customer service and operations at Verizon’s predecessor companies; New York Telephone, NYNEX and Bell Atlantic.
Mr. O’Hare holds an M.B.A. from Long Island University and a B.A. from the State University of New York – University at Albany.