ePlus Inc. Appoints Mike Portegello to Board of Directors
ePlus inc. (NASDAQ NGS: PLUS) has announced the appointment of Mike Portegello to its Board of Directors, effective immediately. With over 37 years of experience in accounting, finance, and capital markets transactions, Portegello's expertise spans various sectors including SaaS, HealthTech, and Biotech. He will also serve on the Audit Committee and Compensation Committee at ePlus.
Extensive Experience in Accounting and Finance
Before joining ePlus, Mike Portegello was a Global Client Service Partner at Ernst & Young (E&Y). During his tenure, he led global audit engagements for numerous public and private companies across different industries. His extensive background includes:
- Emerging and high-growth startups
- Global, multi-billion-dollar organizations
- Focus areas including retail, e-Commerce, and health technology
Since retiring from Ernst & Young, Portegello has invested in and advised emerging technology companies, particularly those involved in generative artificial intelligence and health technology.
Implications for ePlus
Mark Marron, CEO and president of ePlus, expressed enthusiasm over Portegello's appointment, stating, “Mike carries a wide range of experience across many sectors that will be invaluable to our business as we continue to evolve.” He highlighted Gregello’s strategic insight into accounting and finance, noting that it will enhance ePlus's efforts toward long-term value creation.
Portegello himself conveyed his gratitude for the opportunity, affirming his readiness to help guide ePlus in its ongoing journey. He emphasized ePlus's success in executing its strategy amid market volatility.
Portegello’s Educational Background
Mike Portegello is a Certified Public Accountant with a Master of Business Administration in Management from the Stern School of Business at NYU. He also holds a Bachelor of Science in Accounting from St. John's University and has completed executive programs at Columbia Business School, focusing on Venture Capital, Private Equity, and Corporate Governance.
About ePlus Inc.
ePlus inc. is a customer-focused, results-driven leader in technology solutions. The company provides a wide array of services, including:
- Artificial Intelligence
- Security solutions
- Cloud and data center services
- Networking and collaboration
- Managed and consultative services
With a dedicated workforce of over 2,130 employees, ePlus has built its reputation over more than three decades, working closely with organizations to tackle complex business challenges. The company's headquarters is in Virginia, with operations across the United States, the United Kingdom, Europe, and Asia-Pacific.
Forward-Looking Statements
This announcement contains forward-looking statements regarding ePlus's future expectations, including its strategies and results. Risks and uncertainties may cause actual results to differ materially from these expectations, as detailed in ePlus’s filings with the Securities and Exchange Commission under "Risk Factors."