Johannesburg, July 5, 2018 – CMC Networks (CMC) today announced that Marisa Trisolino has been appointed new CEO of CMC, replacing Martin Springer as of 16 July 2018.
Marisa’s appointment follows Martin’s decision to resign as CEO. Marisa comes to CMC from AT&T, where she had a successful career for the last 21 years, serving in a variety of roles including sales, supplier management and strategic planning. Marisa is an accomplished and energetic leader with a track record of improving service quality, increasing sales and managing costs and carrier relationships in the wholesale industry.
Martin joined CMC as Managing Director in 2014 and he became CEO of CMC in January 2017. He has worked closely with the new owners, the Carlyle Group, and the Chairman of the group, Rakesh Bhasin, to help the business through transition, broaden its customer base and improve CMC’s ability to serve its clients and broaden its service offer across geographies and products.
Rakesh Bhasin, Chairman of CMC;
“I would like to thank Martin for his hard work and dedication, especially over the last 18 months as CEO. During his time at CMC, the company has seen significant improvements to our networks and customer service and he will remain available to help CMC and Marisa during the transition. I now look forward to working with Marisa as we continue to grow and expand the business. Marisa brings deep industry knowledge and a wealth of experience to CMC. I look forward to working closely with Marisa in settling into her new role as CEO.”
Marisa Trisolino, CEO of CMC;
“I am delighted to join CMC, a company with a truly entrepreneurial spirit and ability to get things done quickly and to the highest standards, despite operating in some of the toughest geographies in the world. I believe CMC’s products and service model can be of value to a much larger set of clients across more geographies, and I look forward to working with Rakesh, the team, and with our majority shareholder, The Carlyle Group, to further improve our service to customers.”
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or visit: www.cmcnetworks.net
Founded in 1989, CMC has the largest managed connectivity network in Africa, with a comprehensive office footprint spanning some 70 countries in Africa and the Middle East, and plans to further extend into Asia and South America. Through its unique ability to provide services in operationally challenging regions of Africa and the Middle East, while providing world class reliability and latency standards, CMC serves over 50 global telecommunications carriers, including 12 out of 14 of the largest ones. These carriers use CMC to provide fast, reliable data and internet connections to global enterprises operating in Africa and the Middle East.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $201 billion of assets under management across 324 investment vehicles as of March 31, 2018. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defence & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,575 people in 31 offices across six continents.
About Carlyle Sub-Sahara Africa Fund (SSA)
Established in 2012 the Carlyle Sub-Saharan Africa Fund and its affiliates, with $698 million of committed capital, have invested over $300 million to date across a variety of industries, including energy, financial services, TMT, retail, logistics and mining services, and across a variety of geographies, including South Africa, Nigeria, Mozambique, Zambia, Tanzania, the Democratic Republic of the Congo and Southern Africa. The SSA fund makes buyout and growth capital investments in private and public companies from offices in Johannesburg, South Africa and Lagos, Nigeria.