BNET Industries

Market Cap:$2.5M
Last Fiscal Year Sales:$242.6M
  • Public
  • US
Dow Jones Description

MTM Technologies is a leading national provider of innovative IT solutions and services to Global 2000 and mid-size companies. Partnered with the top-tier technology providers and with offices from coast to coast, our unique solution-based methodology, combined with our experience and expertise, has enabled thousands of industry-leading organizations to effectively address their business needs, optimize the returns on their IT investments, mitigate risk, and focus on growth and profitability.

President and Chief Executive OfficerSteven H. Stringer
Number of Employees 554
Contact Information

1200 High Ridge Rd

Stamford, Connecticut 06905

mtm.com

(203) 975-3700

NAICS Code Computer Systems Design Services: 541512

Recent Events

  • MTM Technologies Receives $2 Million in Funding and Announces Financial Results for Third Fiscal Quarter...

    2/14/09 - Financial Announcement - View Story

  • MTM Technologies Receives $2 Million in Funding and Announces Financial Results for Third...

    2/13/09 - New Investment - View Story

News & Analysis

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Additional Resources

Decision Makers

Name (plus bio) Position
Steven H. Stringer President and Chief Executive Officer
Alan Schwartz CFO & Senior Vice President
J.W. Braukman Cfo & Senior Vice President
Jay Braukman Chief Financial Officer
John Carne Chief Infomation Officer
Norbert Sluzewski Cto, CIO & Senior Vice President
Stephen Hicks Senior Vice President, Chief Legal Counsel
Steven H. Rothman Executive Vice President
Dave Shimp Senior Vice President of Human Resources
Frank C Carlucci Senior Vice President
James Gorgei Senior Vice President, Sales
John Centinaro Senior Vice President of Service Operations
Mike Muehlberg Senior Vice President, Field Operations
Tom Flink Mtm Technologies' Senior Vice President of Practice Management
Yvonne Gluck Senior Vice President, Strategic Initiatives
Richard Roux Vice President of Mtm Technologies' Mid, Atlantic Region
Thomas Wasserman vice president of Constellation Ventures
Dean Maire Senior Vice President, Partner Mgmt
Jed Ayres Senior Vice President, Partner Management and Marketing
Arnold J. Wasserman Lead Independent Director
Christopher B Huffman Director of Consulting Services
Jim Wood Natl Director, Public Sector
Paul Woolverton Director, Public Sector
George Allegre Manager, Inside Sales
Gerald A. Poch General Counsel

Board of Directors

Name (plus bio) Position
Sterling Phillips Director and Chairman of Our Compensation Committee
William Lerner Chairman
Alvin E. Nashman Board of Directors
Clifford H. Friedman Board of Directors
Francis J. Alfano Board of Directors
Howard A. Pavony Board of Directors
Keith B. Hall Board of Directors

With over 25 years of experience in information technology, Steven Stringer joined MTM Technologies in October 2004 and currently serves as President and Chief Executive Officer. Mr. Stringer was previously Chief Executive Officer of Rhythms NetConnections, Inc., a national provider of digital subscriber line services, which operated one of the largest DSL networks in the United States, serving 60 major markets with 67,000 digital subscriber lines in service. Prior to that time, he was an executive with GE Capital IT Solutions, a world-wide provider of IT products and services, ultimately serving as its Global Chief Operating Officer with responsibility for 14,000 employees in 150 locations and 15 countries.

Organization Position Status
MTM Technologies Inc. President and Chief Executive Officer Current
MTM Technologies Inc. President and Chief Operating Officer Current
Organization Position Status
MTM Technologies Inc. CFO & Senior Vice President Current
Organization Position Status
MTM Technologies Inc. Cfo & Senior Vice President Current

J. W. (Jay) Braukman, III, joined MTM Technologies in September 2006 as Senior Vice President and Chief Financial Officer. Mr. Braukman’s experience includes 23 years with General Electric Company, where he held numerous executive positions, including Chief Financial Officer of several divisions which generated billions of dollars in revenue and employed thousands of associates worldwide. In addition to his experience at GE, Mr. Braukman most recently served as Chief Financial Officer of Cleartel Communications, Inc., a privately-held telecommunications company. His prior experience also includes serving as Chief Financial Officer of Chiquita Brands International, Inc., Chief Operating Officer of ITC Deltacom, Inc., and Executive Vice President and Chief Financial Officer of Rhythms NetConnections, Inc. Mr. Braukman holds a BBA from the University of Cincinnati.

Organization Position Status
MTM Technologies Inc. Chief Financial Officer Current
MTM Technologies Inc. Executive Current

John Carne was appointed Chief Information Officer in February, 2007. Named as one of the most influential CIOs by Consumer Products Technology magazine, John's background includes over 25 years of IT experience and demonstrates a proven record of improving business IT operations and profits. Prior to his appointment, John served as Director of Information Systems for Invensys Process Systems, a leader in the automation and optimization of industrial process plants, in Foxboro, MA. Previously, John was Vice President Business Process Architecture for American Power Conversion, a manufacturer of network critical protection infrastructure equipment and uninterruptible power supplies located in Kingston, RI. John earned his Bachelors degree in Finance from Fairfield University in Fairfield, CT and his Masters degree in Information Systems from Iona University in New Rochelle, NY.

Organization Position Status
MTM Technologies Inc. Chief Infomation Officer Current
Invensys Process Systems Director of Information Systems Former
Fairfield University Bachelors Degree In Finance Former
Organization Position Status
MTM Technologies Inc. Cto, CIO & Senior Vice President Current
Organization Position Status
MTM Technologies Inc. Senior Vice President, Chief Legal Counsel Current
Outlooksoft Corporation Vice President Former
Amicas, Inc. General Counsel, Vice President & Secretary Former
Outlooksoft Corporation General Counsel Former
Amicas, Inc. General Counsel Former
Amicas, Inc. Board of Directors Former
Outlooksoft Corporation Board of Directors Former
Albany Law School Jd Former
Le Moyne College BA In Political Science Former
Organization Position Status
Leveraged Technology Inc. Chief Executive Officer & President Current
MTM Technologies Inc. Executive Vice President Current
Coach Industries Group, Inc. CEO Former
MTM Technologies Inc. Co-Founder Former
Coach Industries Group, Inc. Scr Consultant Former
Coach Industries Group, Inc. Chairman Former
Coach Industries Group, Inc. Board of Directors Former
MTM Technologies Inc. Board of Directors Former
Long Island University MS In Psychology, Science, Education & Administration Former
Long Island University BA Former

Dave Shimp joined MTM Technologies as Senior Vice President of Human Resources in February 2005. Mr. Shimp previously served as Senior Vice President of Human Resources for Rhythms NetConnections, Inc., a public telecommunications company. During his tenure there, the company grew from 135 people to 2500 people in a 24-month period, and his team earned statewide recognition for the quality of the company's employee communication program. Mr. Shimp's career also includes seven years of experience with McKinsey and Company, Inc., over ten years of retained executive search experience with several national firms, general management experience as President of a privately held manufacturing company, and global facility planning experience with Monsanto Textiles Company.

Organization Position Status
MTM Technologies Inc. Senior Vice President of Human Resources Current
McKinsey & Company, Inc. Former
Organization Position Status
MTM Technologies Inc. Senior Vice President Current
MTM Technologies Inc. Executive Officer Current
Organization Position Status
MTM Technologies Inc. Senior Vice President, Sales Current
General Electric Capital Corporation Former

John Centinaro brings over 25 years of IT industry experience to his role as Senior Vice President of National Services for MTM Technologies. Mr. Centinaro joined MTM Technologies in 2001, first as Senior Vice President of Service Operations, and then as Eastern Region President. Mr. Centinaro previously served as Chief Operating Officer for Alphanet Solutions, where he led the company's transformation to a professional IT network infrastructure services leader in the areas of network design, operation, management, and security, as well as Internet services. Between 1978 and 1992, Mr. Centinaro served in several roles of increasing responsibility, culminating as the National Service Manager for Memorex Telex Corporation.

Organization Position Status
MTM Technologies Inc. Senior Vice President of Service Operations Current
MTM Technologies Inc. Eastern Region President Current
National Service Former

Mike Muehlberg joined MTM Technologies in September 2004, and currently serves as Senior Vice President of Field Operations. Mr. Muehlberg previously served as Vice President of Field Services for Rhythms NetConnections Inc. From June 1996 through December 1999. Mr. Muehlberg was an executive with GE Capital IT Solutions, serving in a variety of sales and operational roles. For the eight years prior to this, he was employed by AmeriData Technologies, Inc., last serving as Vice President of US Distribution.

Organization Position Status
MTM Technologies Inc. Senior Vice President, Field Operations Current

With 28 years experience in the IT industry, Yvonne Gluck is responsible for leading key strategic planning activities for the company. Ms. Gluck has held various positions with MTM Technologies since joining the company in 2004, including Vice President, Field Operations, Vice President, Information Technology, and Vice President, Integration. Previously, Ms. Gluck was Director of Operations at APAC Customer Services where she was responsible for driving operational process improvements and best practices throughout the organization. Ms. Gluck has held senior executive positions at Modis Corporation, Rhythms NetConnections, Inc., GE Capital IT Solutions and Forsythe Computers.

Organization Position Status
MTM Technologies Inc. Senior Vice President, Strategic Initiatives Current
Organization Position Status
MTM Technologies Inc. Vice President of Mtm Technologies' Mid, Atlantic Region Current

Thomas Wasserman has served as a director since August 2005. Mr. Wasserman is vice president of Constellation Ventures, focusing on the firm's investments in communications, IT, and media, with particular emphasis on hosting and network services, media transport technologies, and traditional media. In addition to serving on MTM Technologies' board of directors, he also serves on the board of directors of The Gospel Music Channel, and serves as an observer on the board of directors of Verance Corp and Net Insight, AB. Mr. Wasserman was formerly senior manager of corporate development at 360Networks, a global telecommunications service provider funded by Providence Equity, Madison Dearborn, the Sprout Group, and other private equity funds. At 360Networks, he was responsible for strategic relationships with hardware vendors, other service providers, and strategic customers. In addition, Mr. Wasserman also worked on minority investments, mergers and acquisitions, and public and private financings. Prior to 360Networks, Mr. Wasserman was an associate at Charterhouse Group International, a $1 billion middle market private equity fund. While at Charterhouse, he focused on telecommunications and technology investments. Prior to Charterhouse, Mr. Wasserman worked in investment banking with Donaldson, Lufkin and Jenrette. Mr. Wasserman has received a Bachelor's degree in Business Administration from the University of Michigan, graduating with distinction.

Organization Position Status
Constellation Ventures Vice President Current
MTM Technologies Inc. vice president of Constellation Ventures Current
Verance Corporation Board Observor Current
Net Insight, Inc. Board Observor Current
Bridgevine Board of Directors Current
MTM Technologies Inc. Board of Directors Current
Verance Corporation Board of Directors Current
Gospel Music Channel Board of Directors Current
United Devices, Inc. Director Current
Constellation Ventures Associate Director Former
Charterhouse Group International, Inc. Associate Former
Donaldson, Lufkin & Jenrette investment banker Former
IT LLC Former
Sprout Group Former
University of Michigan Bachelor's Degree In Business Administration Former
Organization Position Status
MTM Technologies Inc. Senior Vice President, Partner Mgmt Current
RSA Security Inc. Former

Jed Ayres has more than a decade of experience in partner management and marketing. Before joining MTM Technologies in October 2005, he held senior sales and marketing positions at Megapath Networks, a national broadband service provider, and Rhythms NetConnections, Inc., a data Competitive Local Exchange Carrier serving residential and business customers nationwide. Prior to that, Jed was a Location General Manager with GE Capital IT Solutions, successfully driving IT infrastructure outsourcing sales and marketing efforts within the greater San Francisco Bay area. Jed holds a BS in Business Administration from Sonoma State University and an MBA from San Francisco State University.

Organization Position Status
MTM Technologies Inc. Senior Vice President, Partner Management and Marketing Current
MTM Technologies Inc. Vice President Partner Management and Marketing Former
San Francisco State University MBA Former
Sonoma State University BS In Business Administration Former
Organization Position Status
Constellation Ventures Vice President Current
MTM Technologies Inc. Lead Independent Director Current
MTM Technologies Inc. Chairman Current
Stratasys, Inc. Chairman Former
Stratasys, Inc. Board of Directors Current
Constellation Ventures Managing Director Former
Charterhouse Group International, Inc. Former
International Business Machines Corporation Former
Organization Position Status
Camp Conferences, Inc. Director of Consulting Services for Mtm Technologies, Inc. Current
MTM Technologies Inc. Director of Consulting Services Current
Organization Position Status
MTM Technologies Inc. Natl Director, Public Sector Current
Organization Position Status
MTM Technologies Inc. Director, Public Sector Current
Organization Position Status
Pequot Ventures Venture Partner Current
MTM Technologies Inc. Director and Chairman of Our Compensation Committee Current
Securify, Inc. Board of Directors Current
Touchdown Technologies Board of Directors Current
SPADAC Inc. Director Current
Federal Data, Inc. Senior Vice President Former
The University of North Carolina at Chapel Hill BS In Psychology Former
The University of North Carolina at Chapel Hill Degree In Psychology Former
Organization Position Status
MTM Technologies Inc. Manager, Inside Sales Current
Organization Position Status
Andrew Corporation Managing Director Current
Pequot Capital Management Inc. Managing Director Current
Firstmark Capital, LLC Managing Director Current
Reflexis Systems, Inc. Chairman and Managing Director, Firstmark Capital, L.L.C. Current
MTM Technologies Inc. General Counsel Current
Mtmc General Counsel Current
MTM Technologies Inc. Non-Executive Chairman of The Board of Directors Current
Firstmark Capital, LLC Chairman Current
SPADAC Inc. Board of Directors Current
New River Inc. Board of Directors Current
Reflexis Systems, Inc. Board of Directors Current
Analex Corporation Director Current
Pequot Capital Management Inc. Board of Directors Current
Digital, Inc. Board of Directors Current
Massachusetts, Inc. Board of Directors Current
BSML Inc. Board of Directors Current
Firstmark Corp. Board of Directors Current
iBiquity Digital Corporation Director Current
Mtmc Board of Directors Current
Andrew Corporation Director Current
Tectura, Inc. Board of Directors Current
Massachusetts, Inc. Member Current
SBC Technologies, Inc. President Former
Technicominc.Com President Former
Technicom Corporation President Former
Tie Communications Inc President Former
Tie Communications Inc Senior Vice President Former
Pequot Ventures Managing Director Former
Pequot Capital Management Inc. Senior Managing General Partner Former
Pequot Ventures Senior Member Former
ITT Corporation General Counsel Former
Pequot Capital Management Inc. Principal Former
Pequot Ventures Chairman Former
NETGEAR, Inc. Board of Directors Former
BSML Inc. Director Former
Boston University J.D. Former
University of Connecticut J.D. Former
Boston University School of Law J.D. Former
University of Connecticut B.S. Former
Boston University School of Law Bachelor of Science In Chemistry Former
Organization Position Status
MTM Technologies Inc. Chairman Current
MTM Technologies Inc. Board of Directors Current
Corporate Governance Chairman Former
NYSE Group, Inc. Director Former
Coach Industries Inc Director Former

Alvin E. Nashman has served as a director since 1998. He has been an independent consultant in the field of computer service for the past ten years. Dr. Nashman is a director of James Munroe Bancorp Inc., a NASDAQ Stock Market listed commercial bank.

Organization Position Status
NASDAQ Stock Market, Inc. Director Former
Organization Position Status
MTM Technologies Inc. Board of Directors Current
Organization Position Status
MTM Technologies Inc. Board of Directors Current
Interliant Chief Executive Officer, President Former
MTM Technologies Inc. CEO Former
Interliant Chief Financial Officer Former
Interliant Director Former
Organization Position Status
MTM Technologies Inc. Board of Directors Current
MTM Technologies Inc. CEO Former
MTM Technologies Inc. Co-President Former
MTM Technologies Inc. Founder Former

Keith B. Hall has served as a director since February 2008. As the Senior Vice President and Chief Financial Officer of LendingTree, Inc., a division of InterActive Corp. (IACI), Mr. Hall helped lead the one-time fledgling company to profitability and raised $150 million in capital, including overseeing the company's initial public offering in 2000. His 30 years of industry experience include financial analysis, accounting, investor relations, strategic planning, process redesign and international operations. Mr. Hall serves as a member of the Board and Chairman of the Audit Committee for Electronic Clearing House, Inc., a NASDAQ Stock Market listed provider of electronic payment and transaction processing services, and NewRiver, Inc., a private Internet company serving the mutual fund industry. Mr. Hall is also on the Board of Trustees of Coe College in Cedar Rapids, Iowa.

Organization Position Status
Coe College Board of Directors Current
Ikonisys, Inc. Director Current
MTM Technologies Inc. Board of Directors Current
Legent Corporation Chief Financial Officer Former
LendingTree, LLC Chief Financial Officer Former
LendingTree, LLC Senior Vice President Former
Coe College Undergraduate Degree In Business Administration and Economics Former

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     MTMC $2.65 0.00 (0.00% )
Average Volume 67,504
Shares Outstanding 912.28K
Market Cap 2.4M
Year High 5.64
Year Low 0.05
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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