Casa Systems Appoints Michael Picariello as Director of Investor Relations

Rhea-AI Summary

Casa Systems announced the appointment of Michael Picariello as its new Director of Investor Relations on July 5, 2022. With over 25 years of financial experience and 15 years in investor relations, Picariello aims to enhance the company's communication with the investment community during its multi-year transformation. Previously, he served as Managing Director at JLR Consulting and Head of Investor Relations at Commvault, playing a key role in its public offering and market cap growth. President Jerry Guo expressed confidence that Picariello's tech industry knowledge will strengthen Casa's investor relations efforts.

Positive

• Michael Picariello's extensive experience in investor relations brings valuable knowledge to Casa Systems.
• Picariello's previous success at Commvault indicates potential for shareholder value increase.

Negative

• Transition in leadership may present challenges in continuity during a critical transformation period.

Picariello brings more than 15 years of investor relations experience in the technology and software sector

ANDOVER, Mass., July 05, 2022 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of cloud-native software and physical technology solutions for wireless, cable and fixed broadband networks, today announced the appointment of Michael Picariello as its Director of Investor Relations.

Mr. Picariello brings over 25 years of financial experience and over 15 years of investor relations expertise to Casa Systems. Mr. Picariello most recently served as Managing Director at JLR Consulting, a strategic consulting firm that assists both private and publicly traded tech companies with investors and communications. Prior to his role at JLR, Mr. Picariello served as the Head of Investor Relations at Commvault, a data protection and data management software company, where over his 13-year tenure he was instrumental in bringing the Company public and helping to substantially increase Commvault’s market cap. Before that, he worked at Ziff Brothers Investments as a Senior Analyst and at Deloitte as a Manager within the Merger and Acquisition division. Mr. Picariello, a Certified Public Accountant, holds a Bachelor of Science degree in Accounting from Seton Hall University.

“I am pleased to welcome Michael as our new Director of Investor Relations,” said Jerry Guo, President and Chief Executive Officer of Casa Systems. “We believe that Michael’s deep knowledge of the tech industry will be a great asset to our investor relations efforts as we continue to advance awareness of our multi-year transformation to the investment community.”

Michael Picariello added, “I am truly honored to join Casa Systems at such an exciting and pivotal moment for the company. I look forward to partnering with Jerry and the entire organization as we progress along Casa’s multi-year transformation and help increase stakeholder value.”

About Casa Systems, Inc.
Casa Systems, Inc. (Nasdaq: CASA) delivers the core-to-customer building blocks to speed 5G transformation with future-proof solutions and cutting-edge bandwidth for all access types. In today’s increasingly personalized world, we create disruptive architectures built specifically to meet the needs of service provider networks. Our suite of open, cloud-native network solutions unlocks new ways for service providers to build networks without boundaries and maximize revenue-generating capabilities. Commercially deployed in more than 70 countries, Casa Systems serves over 475 Tier 1 and regional service providers worldwide. For more information, visit http://www.casa-systems.com.

CONTACT INFORMATION:

IR Contact

Michael Picariello
Casa Systems
investorrelations@casa-systems.com

or

Mike Cummings or Jackie Marcus
Alpha IR Group
617-982-0475
investorrelations@casa-systems.com

Source: Casa Systems, Inc.

FAQ

What is the significance of Michael Picariello's appointment as Director of Investor Relations at CASA?

Michael Picariello's appointment is significant as he brings over 15 years of investor relations experience that can enhance CASA's communication with investors during its transformation.

When did Casa Systems announce Michael Picariello's appointment?

Casa Systems announced Michael Picariello's appointment as Director of Investor Relations on July 5, 2022.

What previous experience does Michael Picariello have that benefits CASA?

Picariello has over 25 years of financial experience and previously served as Managing Director at JLR Consulting and Head of Investor Relations at Commvault, contributing to its public offering.

How might Picariello's experience impact CASA's future?

Picariello's experience in the tech industry may enhance investor engagement and support CASA's multi-year transformation initiative.