Current Experience:
Trinity Academy (Non-Profit) – Chairman of the Board
Lynn Government (New Spring Capital) – Board Member
Hemingway Capital – Advisor
Lee Equity – Advisor
40/73 Capital – Advisor
Edgewater Capital – Advisor
Forest Lane Capital – Advisor
NIS (Odyssey) – Consultant/Advisor
ADTEC – Consultant
Executive Springboard – CEO Mentor/Coach
Past Experience:
TiniFiber (Columbia River/Tecum) – Advisor/Consultant
Stored Energy Holdings (Colville Capital) – Advisor/Consultant
Fiber Mountain – Board Member/Advisor
Lynn Electronics (New Spring Capital) – Executive Chairman
Stay Online (Huron Capital) – CEO/Board Member
Mark Panico has more than 25 years of experience leading P&Ls from $20M to $600M in
revenue in markets such as Plastics, Specialty Chemicals, Building Services, Data
Communications and Broadband. Mark has led global businesses both in the U.S. and in Europe
and is adept at building and executing strategies that drive revenue and profit growth
organically and via acquisitions across multiple manufacturing technologies.
Mark began as a Sales Associate with Cognitronics, a manufacturer of optical character and mark recognition equipment. He joined General Electric’s Plastics Division through their Sales Leadership program where he steadily progressed over 12 years through sales marketing and international global account management assignments.
In 1999 Mark joined Honeywell Corporation as Director of Marketing to lead new product development and was promoted to Vice President of marketing for the $2.4 billion Automated Control Services Division in the first year. Mark’s scope included marketing, research and development, and mergers and acquisitions.
In 2003 Mark became General Manager of a $200 million global business unit for Nalco Chemical is based in the Netherlands with P&L responsibilities including product development, marketing strategy, and global account sales and service.
Mark then joined Legrand in 2004 as President of the Data Communications Division, where he drove revenues and profit margins from $75 million and 3.8% to over $600 million and 20%, respectively, in fifteen years through organic growth and six acquisitions.
After 15 years of progressive accomplishments at Legrand, Mark became CEO of Stay Online, a portfolio company of Huron Capital’s Flex Equity Fund in 2019, and the company was sold in early 2021.
As Executive Chairman for Lynn Electronics Mark was responsible for coaching and mentoring
the CEO, guiding key initiatives, and leading the M&A Strategy. Both Lynn and Fiber Mountain
resulted in successful Transactions in mid-2022.
Mark is an Advisor, Board Member, and Independent Operating Partner for several Private Equity firms. He also mentors C-level executives and consults for portfolio
companies within private equity.
Mark holds a B.S. Degree in Chemistry with minors in Economics and Marketing from Fairfield
University and has completed the Mergers & Acquisitions Program at Kellogg School of
Management. He is also Six Sigma certified.