Management Changes at Masergy

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Masergy, a privately held global network services provider, has announced the promotion of Chris MacFarland to chief executive officer and Rob Bodnar to executive vice president and chief financial officer.

Chris MacFarland joined Masergy as chief operating officer in 2008. Under his guidance, the company has grown its revenue and profitability during one of the most economically challenging times while increasing its lead in customer satisfaction with technological leadership.

“Chris has demonstrated outstanding leadership in guiding Masergy over the past two years, and the Board wanted to secure his talent for the company’s next phase of growth,” said Royce Holland, executive chairman of Masergy. “We believe Chris has the vision, energy and experience to lead Masergy as it prepares to deliver the next generation of corporate networking solutions.”

Rob Bodnar has served as chief financial officer since 2005, steering the company through continuous top-line and EBITDA growth, achieving a cash-flow positive balance sheet and eliminating all debt. The company attained this financial success during the current global economic downturn, while maintaining employee levels, improving employee benefits, expanding capital investment and growing the customer base.