Last Updated on: 22nd November 2023, 09:53 am
Mach49, the growth builder for global businesses, has announced the appointment of Mark Simoncelli as Chief Revenue Officer. Simoncelli, who joined Mach49 in 2020 as Senior Vice President of Business Development, will lead an expanded team dedicated to leveraging client resources to build and invest in new ventures.
CEO and Founder of Mach49, Linda Yates, commented on Simoncelli’s appointment: “Since he joined Mach49, Mark has played a critical role in engaging clients throughout their venture-building and investing journeys. As Chief Revenue Officer, Mark will expand our ability to deliver impactful, targeted support that maximizes clients’ ability to create growth engines through venture building, venture investing, strategic partnering, and targeted M&A.”
With a strong focus on climate and sustainability, Simoncelli has used his expertise in circularity, decarbonization, and resource use reduction to help clients identify growth opportunities that also contribute to corporate environmental, social, and governance goals.
Simoncelli stated: “Mach49’s success shows that the concept of growth engines is resonating with companies, and my team’s expansion will allow us to provide additional services and support. It’s incredibly energizing to partner with open-minded executives eager to use all the tools in the growth toolbox. Right now, global companies have a once-in-a-generation opportunity to drive growth. When they commit to building growth engines, they see results and value quickly.”
Simoncelli has partnered with clients across a range of industries including energy, retail, financial services, manufacturing, mobility, and healthcare to build growth engines that have driven meaningful value for global organizations. He was also instrumental in the partnership with Mach49 client Hines, one of the world’s largest privately held real estate investors and developers.
Mach49 is a team of successful serial entrepreneurs, venture capitalists, and C-suite executives who have generated over $60B in market value over their operating careers in companies they’ve invested in, managed, created, or built. Founded by Linda Yates, author of The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed, Mach49 is headquartered in Silicon Valley with offices in Redwood City, Boston, London, and Amsterdam.
Today marks the appointment of Mark Simoncelli as Mach49’s Chief Revenue Officer. Simoncelli, who joined the company in 2020, will lead an expanded team focused on leveraging client resources to build and invest in new ventures. CEO and Founder of Mach49, Linda Yates, commented: “Mark has played a critical role in engaging clients throughout their venture-building and investing journeys. As Chief Revenue Officer, Mark will expand our ability to deliver impactful, targeted support that maximizes clients’ ability to create growth engines.”
