Circumference Group Appoints CTO and Tech Industry Veterans in Significant Expansion
New Senior Executives enhance Circumference Group’s investment expertise and ongoing efforts to help partner companies deliver long-term, sustainable value to their clients
Posted: October 26, 2021 at 7:03 a.m. CDT|Update: 1 hour ago
LITTLE ROCK, Arche., October 26, 2021 / PRNewswire / – Circumference Group, a unique, operations-focused investment firm led by the former CEO of Endurance International Jeff Fox, now named Kurt silverman, Luca Sechi and Virgil Prewitt to newly created leadership positions focused on growing the company’s private investment strategy. In their roles, Mr. Silverman, Mr. Sechi and Mr. Prewitt will leverage their significant operational and strategic experience to further strengthen Circumference Group’s ability to provide support to its corporate partners.
Circumference Group invests in public and private companies, providing long-term committed capital and ongoing support to help its partners build sustainable and successful businesses. The company uses its collective operating and investing experience to ensure that its partner companies embed a relentless customer focus in all business functions.
“At Circumference Group, we believe that a company’s long-term success is based on its ability to deliver lasting value to its customers,” said Mr. Fox, CEO and Founder of Circumference Group. “I have personally worked with Kurt, Luca and Virgil in several situations over the past decade, and I am delighted to welcome them to Circumference Group as we continue to expand our investment platform.”
Kurt silverman serves as the Chief Technology Officer of Circumference Group, focusing on technology assessment and strategic review while simultaneously guiding the technology execution of private holding companies. He brings to Circumference Group more than 35 years in the design, development, implementation, management and sale of critical global B2C and B2B platforms for the Internet, media, communications, energy and e-commerce.
Prior to joining Circumference Group, Mr. Silverman held leadership positions at Endurance International, Limelight Networks, Convergys, Comverse, CSG International, Lucent, Bell Laboratories and Kenan Systems. He is also a research advisor for cybersecurity at MIT Sloan School of Management. Mr. Silverman holds a master’s degreee in MIT Management Information Systems Sloan School of Management and a bachelor’s degree in economics from MIT
Luca Sechi is Director of Strategy for Circumference Group, where he leads the company’s efforts to expand its investment universe to private and start-up opportunities. In this role, he also helps assess investments in the technology sector, focusing on digital marketing, SaaS and the small and medium business market. Mr. Sechi brings to Circumference Group over fifteen years of experience in developing the strategic vision for large-scale technology companies, as well as the proven ability to gain in-depth knowledge of the industry and the competition by leveraging first and third party research and operational data.
Prior to his role at Circumference Group, Mr. Sechi spent nearly ten years at Endurance International, where he held increasingly senior positions in strategic partnerships, product development and corporate strategy. He is also a member of several expert networks and regularly speaks at SaaS and Digital Marketing Industry events. Mr. Sechi holds a master’s degree in business strategy from the Bocconi School of Management and a bachelor’s degree in business and administration from Catholic University of Milan, italy.
Virgil Prewitt is the lead architect of the Circumference group, performing technological and operational research and analysis to support the company’s investment decisions. He has over 35 years of experience in software creation and evaluation, spanning the entire software development, deployment, monitoring and support lifecycle.
Prior to joining Circumference Group, Mr. Prewitt was a Senior Architect at Limelight Networks, where he was responsible for the video development, storage and operation as a service organizations. Previously, he served as an Enterprise Cloud Architect for Oracle Corporation, where he guided Fortune 500 companies on their journey to the cloud using Oracle Cloud Infrastructure, and CTO of Trifecta Technologies, where he was designed business solutions using the Salesforce solution.
About the circumference group
Circumference Group is an investment company designed to deliver superior risk-adjusted performance for its financial partners. The company draws on the vast and deep operational experience of its team to fully understand the competitiveness and current performance of a target investment and the execution risks that may prevent it from reaching its performance potential. Circumference Group invests when its organizational vision, operational intelligence and strategic perspective identify pathways to significant value creation with mitigated risks.
Circumference Group was founded in 2009 by a team of seasoned entrepreneurs and investors led by Jeff Fox, a senior executive who has held several management positions, including CEO of Endurance International Group, CEO of Convergys Corp. and COO of Alltel Wireless. For more than a decade, Circumference Group has successfully invested in the public and private markets using its Core Value Assessment (CVA), a proprietary framework that assesses a company’s growth and cash flow potential, as well as its strengths. and organizational and operational weaknesses. The CVA underpins all of Circumference Group’s investment strategies. For more information, please visit www.CircumferenceGroup.com.
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