Pacnet Announces New Senior Hires

  • Company bolsters leadership team with landmark appointments

SINGAPORE, 15 October 2012 – Pacnet, a leading provider of integrated network and technology solutions in Asia Pacific, today announced the appointment of Jim Fagan, Andy Lumsden, and Cardi Prinzi as President of Managed Services, Chief Technology Officer, and President of Enterprise Markets, respectively.

These senior hires are connected to the new strategic plan announced separately today. As part of that plan, Chief Executive Officer Carl Grivner has recruited several additional industry experts to join Pacnet’s already strong senior leadership team.

“Jim, Andy, and Cardi each bring significant experience and unique qualifications to their respective roles that are critical for Pacnet’s evolution,” said Mr. Carl Grivner, Chief Executive Officer. “They are all proven leaders with impressive track records of implementing and managing advanced customer solutions, building networks and technologies, and delivering an exceptional customer experience. I look forward to working with each of them at this pivotal time for our business.”

Mr. Fagan joins Pacnet following four years as Managing Director of Rackspace where he established its operations in the Asia Pacific region. To his new role he brings expertise in developing managed and Cloud services as well as data center management, marketing, and sales. His 15 year career includes nine years with Dell as Finance Controller of its Managed Services Business.

With more than 20 years of industry experience, Mr. Lumsden returns to Pacnet from Xtera Communications where he was Managing Director for APAC. He will lead efforts to maintain the Company’s technology leadership with next generation network platforms and work to deliver the infrastructure for managed services. He joined Global Crossing in 1998 and was also part of the team that built Pacnet’s submarine network. Mr. Lumsden replaces Mr. Wilfred Kwan who resigned from Pacnet to pursue other interests.

Mr. Prinzi brings 22 years of executive level experience in marketing, sales, and product management to Pacnet. He joins the Company after three years at EarthLink as Executive Vice President of Marketing for EarthLink Business and President of New Edge Networks. He previously worked in the Asia Pacific region as Executive Vice President of Sales and Marketing with data center service provider Pihana Pacific and briefly with Equinix following a merger of the two companies in 2003.

“These additions help position us to execute the new strategic plan and leverage our substantial assets to provide solutions to businesses worldwide that are taking advantage of the explosive growth in the Asia Pacific region,” concluded Mr. Grivner.

About Pacnet
Pacnet is a leading provider of integrated network services and data center platforms for enterprise and carrier customers in Asia Pacific, delivering high-performance technology solutions over the region’s most extensive high-capacity submarine cable systems. Ownership of over 46,000 km of fiber connected to its regional data centers gives Pacnet unparalleled connectivity to major business centers throughout the Asia Pacific region. Its complete set of solutions for managed data, private line, data center services, and content delivery, combined with its expertise in serving Asia Pacific, have made Pacnet a trusted services provider for large businesses worldwide, including many of the Fortune 1000. Pacnet is headquartered in Hong Kong and Singapore, with offices in all key markets in Asia and North America. For more information, please visit: www.pacnet.com.

For more information, please contact:

FTI Consulting
Tom Evrard
Tel: 65 9107 6123
Email: tom.evrard@fticonsulting.com

Daniel DelRe
Tel: 852 9623 5080
Email: daniel.delre@fticonsulting.com