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Grain Management Welcomes Steven Smith as a Managing Director

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Grain Management, a trusted solutions provider in the broadband and communications industry, has announced the addition of Steven R. Smith as Managing Director on their Investment Team. Smith brings over 30 years of experience in advancing enterprise growth in the global TMT industry. Previously, Smith held executive positions at Verizon (NYSE: VZ), where he led Corporate Finance and played a key role in securing and managing Verizon's spectrum assets.

David J. Grain, CEO and Founder of Grain Management, highlighted Smith's commercial acumen and record of delivering results in transformative technological, regulatory, and competitive market environments. Smith's expertise in wireless spectrum transactions and deep understanding of the regulatory environment are expected to enhance Grain's ability to deliver exceptional results to clients.

Grain Management, un fornitore di soluzioni fidato nel settore delle comunicazioni e della banda larga, ha annunciato l'aggiunta di Steven R. Smith come Direttore Generale del loro Team di Investimento. Smith porta con sé oltre 30 anni di esperienza nel promuovere la crescita delle imprese nell'industria TMT globale. Prima di ciò, Smith ha ricoperto posizioni dirigenziali presso Verizon (NYSE: VZ), dove ha guidato la Finanza Aziendale e ha svolto un ruolo chiave nell'acquisizione e gestione degli asset di spettro di Verizon.

David J. Grain, CEO e Fondatore di Grain Management, ha messo in evidenza l'acume commerciale di Smith e il suo record nell'ottenere risultati in ambienti di mercato trasformativi, normativi e competitivi. Si prevede che l'expertise di Smith nelle transazioni di spettro wireless e la sua profonda comprensione dell'ambiente normativo migliorino la capacità di Grain di fornire risultati eccezionali ai clienti.

Grain Management, un proveedor de soluciones de confianza en la industria de las telecomunicaciones y la banda ancha, ha anunciado la incorporación de Steven R. Smith como Director General en su Equipo de Inversiones. Smith aporta más de 30 años de experiencia en impulsar el crecimiento empresarial en la industria global de TMT. Anteriormente, Smith ocupó puestos ejecutivos en Verizon (NYSE: VZ), donde lideró las Finanzas Corporativas y desempeñó un papel clave en la obtención y gestión de los activos de espectro de Verizon.

David J. Grain, CEO y Fundador de Grain Management, destacó el acumen comercial de Smith y su historial de entrega de resultados en entornos de mercado transformadores, regulatorios y competitivos. Se espera que la experiencia de Smith en transacciones de espectro inalámbrico y su profunda comprensión del entorno regulatorio mejoren la capacidad de Grain para ofrecer resultados excepcionales a sus clientes.

그레인 매니지먼트(Grain Management)는 브로드 밴드 및 통신 산업의 신뢰받는 솔루션 제공업체로서 투자 팀의 전무이사로 스티븐 R. 스미스를 추가했다고 발표했습니다. 스미스는 글로벌 TMT 산업에서 기업 성장을 촉진한 30년 이상의 경력을 가지고 있습니다. 이전에 스미스는 버라이즌 (NYSE: VZ)에서 임원직을 역임하며 기업 재무를 이끌었고 버라이즌의 주파수 자산 확보 및 관리에 중요한 역할을 했습니다.

그레인 매니지먼트의 CEO이자 창립자인 데이비드 J. 그레인은 스미스의 상업적 통찰력과 혁신적인 기술, 규제 및 경쟁 시장 환경에서 결과를 도출하는 기록을 강조했습니다. 스미스의 무선 주파수 거래 전문성과 규제 환경에 대한 깊은 이해는 그레인이 고객에게 특별한 결과를 제공하는 능력을 향상시키는 데 도움을 줄 것으로 기대됩니다.

Grain Management, un fournisseur de solutions de confiance dans l'industrie de la communication et de la bande large, a annoncé l'ajout de Steven R. Smith en tant que Directeur Général de son équipe d'investissement. Smith apporte plus de 30 ans d'expérience dans la promotion de la croissance des entreprises dans l'industrie TMT mondiale. Auparavant, Smith a occupé des postes exécutifs chez Verizon (NYSE: VZ), où il a dirigé le financement d'entreprise et a joué un rôle clé dans la sécurisation et la gestion des actifs de spectre de Verizon.

David J. Grain, PDG et fondateur de Grain Management, a souligné l'acuité commerciale de Smith et son bilan en matière de résultats dans des environnements de marché technologiques, réglementaires et concurrentiels en pleine transformation. L'expertise de Smith dans les transactions de spectre sans fil et sa compréhension approfondie de l'environnement réglementaire devraient améliorer la capacité de Grain à offrir des résultats exceptionnels à ses clients.

Grain Management, ein vertrauenswürdiger Lösungsanbieter in der Breitband- und Kommunikationsbranche, hat die Ernennung von Steven R. Smith zum Geschäftsführer ihres Investment-Teams bekannt gegeben. Smith bringt über 30 Jahre Erfahrung in der Förderung des Unternehmenswachstums in der globalen TMT-Branche mit. Zuvor hatte Smith leitende Positionen bei Verizon (NYSE: VZ) inne, wo er die Unternehmensfinanzierung leitete und eine Schlüsselrolle bei der Sicherung und Verwaltung der Frequenzressourcen von Verizon spielte.

David J. Grain, CEO und Gründer von Grain Management, hob Smiths kommerzielles Geschick und seine Erfolgsbilanz bei der Erzielung von Ergebnissen in transformierenden technologischen, regulatorischen und wettbewerbsorientierten Marktumgebungen hervor. Smiths Fachwissen im Bereich von drahtlosen Frequenztransaktionen und sein tiefes Verständnis des regulatorischen Umfelds werden voraussichtlich die Fähigkeit von Grain verbessern, außergewöhnliche Ergebnisse für die Kunden zu liefern.

Positive
  • Addition of Steven R. Smith as Managing Director, bringing 30+ years of TMT industry experience
  • Smith's expertise in wireless spectrum transactions and regulatory environment
  • Expansion of Grain Management's team to capitalize on industry growth in immersive technology, generative AI, and 5G networks
Negative
  • None.

WASHINGTON, Sept. 17, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain" or the "Firm"), a trusted solutions provider to the broadband and communications industry, is pleased to announce the addition of Steven R. Smith as Managing Director on the Investment Team. Smith, who has more than 30 years of experience in advancing enterprise growth in the global TMT industry, will be based in Washington, D.C. working out of the Firm's headquarters alongside Grain's global team of investment and operations professionals.

Telecom industry investor Grain Management welcomes former Verizon executive, Steven Smith.

"Steve brings a tremendous amount of commercial acumen and a record of delivering results within transformative technological, regulatory, and competitive market environments," said David J. Grain, the Firm's CEO and Founder. "His strategic leadership in the rapidly evolving digital landscape and deep insights into the complex fabric of spectrum-related opportunities adds to Grain's performance-based culture and reinforces our ability to deliver differentiated, exceptional results to our valued clients."

Prior to joining Grain, Smith developed his executive experience at Verizon (NYSE: VZ), where he most recently led Corporate Finance with oversight of the international carrier's enterprise-wide financial planning and analysis capabilities, its multi-billion dollar capital program, Wireless Business Development, as well as FP&A and Data Analytics Centers of Excellence.  Smith also brings experience in wireless spectrum transactions, having played a key role in securing and managing Verizon's spectrum assets. His deep understanding of the regulatory environment, auction processes, and spectrum valuation equips him with unique insights into these critical assets that underpin global wireless connectivity.

Smith also previously served as Chief Financial Officer for multiple VZ organizations, as a member of the Management Audit Committee, and led Commercial Finance. With Verizon Wireless, Smith was the President and P&L owner of a significant revenue operating region and led all Strategic and Financial Planning. Smith began his career as an Engineer at Dover Electronics Manufacturing, a Dover subsidiary, and later at NYNEX Corporation, an early predecessor of Verizon. He holds an MBA from the University of Rochester and a Bachelor of Technology in Mechanical Engineering Technology from Binghamton University. He is a CFA® charterholder.

"I am delighted to be joining Grain," said Smith. "The Firm has built an enviable record of success. Over the past decade, I've had the opportunity to observe firsthand the value Grain brings as a trusted broadband technology and digital infrastructure partner. I look forward to working alongside an outstanding group of professionals, building on that success, and creating value for our current and future clients."

This new addition to the team continues Grain's expansion as a leader in the telecommunications and digital infrastructure industries. In 2022 and 2023, Grain made key strategic hires and appointments to its Investment and Senior Advisor teams, broadening the Firm's focus on global investment opportunities, and taking advantage of industry growth fueled by the momentum of immersive technology, generative AI, and the buildout of 5G networks.

About Grain Management

We believe broadband and digital infrastructure are foundational to the tech-enabled transformation occurring across all industries and facets of society. And our global team of seasoned and diverse professionals share a collective passion for the power of connectivity to strengthen communities and unlock human potential for all.

Founded in 2007, Grain Management is a leading, global investment firm. We specialize in digital infrastructure and are a trusted solutions provider to the broadband and communications industry. Our unique combination of sector knowledge, experience as operators, and disciplined analytical approach guide our differentiated investment strategy across fiber networks, data centers, wireless spectrum, cell towers, as well as managed and infrastructure services. For more information visit www.graingp.com.

Contacts:
Grain Public Relations
PR@graingp.com 

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SOURCE Grain Management, LLC

FAQ

Who is Steven Smith and what role is he taking at Grain Management?

Steven Smith is joining Grain Management as a Managing Director on the Investment Team. He brings over 30 years of experience in the global TMT industry and was previously an executive at Verizon (NYSE: VZ).

What was Steven Smith's previous role at Verizon (VZ)?

At Verizon (VZ), Steven Smith most recently led Corporate Finance, overseeing enterprise-wide financial planning and analysis, the multi-billion dollar capital program, Wireless Business Development, and FP&A and Data Analytics Centers of Excellence.

How does Steven Smith's experience benefit Grain Management?

Steven Smith's experience in wireless spectrum transactions, regulatory environment understanding, and strategic leadership in the digital landscape enhances Grain Management's ability to deliver differentiated results to clients and capitalize on spectrum-related opportunities.

What is Grain Management's focus in the telecommunications industry?

Grain Management is focusing on global investment opportunities in the telecommunications and digital infrastructure industries, particularly in areas of immersive technology, generative AI, and the buildout of 5G networks.

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