InterPrivate IV InfraTech Partners Inc. Elects American Tower Co-Founder James Eisenstein, Barracuda Networks Co-Founder Michael Perone, Former CyrusOne CEO Gary Wojtaszek and Virtual Power Systems Chairman Peter Gross as Independent Directors
On March 4, 2021, InterPrivate IV InfraTech Partners Inc. (NASDAQ: IPVIU) appointed four new independent directors—James Eisenstein, Michael Perone, Gary Wojtaszek, and Peter Gross—to its board. The appointments come as the company aims to leverage their extensive backgrounds in the technology and digital infrastructure sectors. Eisenstein is recognized as a co-founder of American Tower, while Perone co-founded Barracuda Networks. Wojtaszek has experience as CEO of CyrusOne, and Gross is a noted expert in mission-critical infrastructure. These appointments are expected to enhance the company's strategy in identifying high-growth opportunities.
- Appointment of experienced directors enhances strategic guidance.
- Board includes founders from major tech companies, enhancing credibility.
- Focus on identifying high-growth targets with enterprise values over $1 billion.
- None.
NEW YORK, March 16, 2021 /PRNewswire/ -- InterPrivate IV InfraTech Partners Inc. (NASDAQ: IPVIU) (NYSE: IPVI) (IPVIW) (the "Company") announced today that James Eisenstein, Michael Perone, Gary Wojtaszek and Peter Gross were appointed to the board of directors of the Company (the "Board") on March 4, 2021, in connection with the Company's initial public offering. Messrs. Eisenstein, Gross, Perone and Wojtaszek are independent directors. They join InterPrivate IV InfraTech Partners Inc.'s team which also includes Chairman Ahmed Fattouh, CEO Kevin Timmons, President David Withers, General Counsel Brandon Bentley, and Vice President Nina Fairbairn.
James Eisenstein is Co-Founder, Chairman and Chief Executive Officer of Grupo TorreSur, the largest independent wireless tower company in Latin America. Previously, Mr. Eisenstein served on the Board of Directors of Eaton Towers Limited, a pan-African wireless tower company which operated towers across six countries, from 2012 until its sale in 2019 to American Tower Corporation for
Michael Perone has been a pioneer in the high-tech industry for more than 30 years. Mr. Perone's sales enablement, lead generation, and online marketing strategies have set industry standards that countless other companies emulate today. He co-founded Barracuda Networks (NYSE: CUDA) and, as Executive Vice President and Chief Marketing Officer, Mr. Perone led worldwide communications and marketing strategies, including corporate brand management and identity. Under his marketing leadership, Barracuda grew to over
Gary Wostasjek served as President and CEO and a member of the board of directors of CyrusOne from 2012 to 2020. Prior to becoming President of CyrusOne, Mr. Wojtaszek served as CFO of Cincinnati Bell Inc., where he had responsibility for the data center business and oversaw CyrusOne's successful spin-off and IPO. Prior to joining Cincinnati Bell, he was Senior Vice President, Treasurer and Chief Accounting Officer for the Laureate Education Corporation. He previously worked at Agere Systems, the semiconductor and optical electronics communications division of Lucent Technologies, where he held a number of finance positions, ultimately serving as the vice president of corporate finance, overseeing all controllership, tax and treasury functions. Mr. Wojtaszek started his career in General Motors' New York treasury group and joined Delphi Automotive Systems as the regional European treasurer in connection with the initial public offering and spin-off of Delphi Automotive Systems from General Motors. Mr. Wojtaszek is currently serving on the board of directors of GDS, an established leader in the China datacenter market. He is also on the board of directors of the Lyle School of Engineering at Southern Methodist University, and the advisory board of Southern Methodist University's Datacenter Systems Engineering Program, Columbia University's Lang Entrepreneur Center, and the Dallas Chamber of Commerce. Mr. Wojtaszek previously served as a director of Cincinnati Bell Inc., the Dallas Zoo, and Tech Wildcatters.
Peter Gross is an internationally recognized technology and energy expert whose career spans over three decades. He is recognized as a thought leader in the mission-critical information, communication, and infrastructure design realm, has published numerous technical papers in the field and is a frequent speaker at international events. Mr. Gross is currently the Managing Partner of PMG Associates, a consulting and advisory firm, and sits on several boards of directors and advisors for public, private, and not-for-profit companies. He previously led the Mission Critical Systems group at Bloom Energy, the premier manufacturer of solid oxide fuel cells. Prior to joining Bloom, he was Managing Partner for Hewlett-Packard's Carbon, Power, and Critical Facilities Services where he was responsible for strategic technology planning and business development. He was the co-founder and CEO of EYP Mission Critical Facilities, Inc., a preeminent consulting and engineering firm dedicated to the design and operation of mission critical facilities (acquired by HP). Mr. Gross is the recipient of 2010 Data Center Dynamics' "Outstanding Contribution to the Industry" award. He is a member of the Advisory Board of UCLA's Institute of Environment and Sustainability and Southern Methodist University's Datacenter Systems Engineering Program. Mr. Gross also serves as Chairman of the Board of SmartNations and is a member of the DCIRN Board of Directors.
"Jimmy, Michael, Gary and Peter are amongst the most respected founders and executives in the digital infrastructure industry and we are extremely excited to welcome them to the Board," said InterPrivate IV CEO Kevin Timmons." "We look forward to leveraging our Directors' acumen and impressive networks to our prospective target universe," added InterPrivate IV Chairman Ahmed Fattouh.
Messrs. Gross, Perone and Wojtaszek were appointed to the Board's Audit Committee, with Mr. Wojtaszek serving as chair of the Audit Committee and Messrs. Eisenstein and Gross were appointed to the Board's Compensation Committee, with Mr. Gross serving as chair of the Compensation Committee.
About InterPrivate IV InfraTech Partners Inc.
InterPrivate IV InfraTech Partners Inc. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue initial business combination targets in any industry, the Company currently intends to concentrate its efforts in identifying high growth businesses in the technology, media and telecom infrastructure space, with a focus on target companies with an enterprise value of
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Press Contact:
Charlotte Luer, Marketing
cluer@interprivate.com
SOURCE InterPrivate IV InfraTech Partners Inc.
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