Virtela Names New CEO

DENVER -- Virtela, a global network solutions company, today announced the appointmemt of Larry Morgan as president and CEO. Morgan also becomes a member of the company's board of directors. Vab Goel, a partner at Norwest Venture Partners who also served as Virtela's CEO, continues as chairman of the board.

Morgan assumes leadership as Virtela builds upon its exceptional growth, with a sharp focus on expanding the worldwide customer and partner base for the company's award-winning suite of managed network and security services. Deloitte & Touche has recognized Virtela as one of the fastest growing technology companies in North America, based on the company's 1709% revenue growth rate over three years and ownership of proprietary infrastrucutre technology that propelled its success.

As President and CEO, Morgan brings more than 20 years of global telecommunications and international executive management experience. He has led highly successful corporate expansion initiatives across the U.S., Asia-Pacific, Europe, the Middle East and Africa. Most recently, he has held a series of executive positions at BT Infonet, including president of Europe, Middle East and Africa (EMEA), vice president and general manager of the Asia-Pacific region and head of corporate marketing for all network services and products. Before joining Infonet, Morgan had a successful sales and marketing management career with IBM, AT&T and Sprint.

”Larry brings a wealth of industry experience and complementary strengths to Virtela, notably his proven expertise in building successful direct and indirect sales channels – both domestically and internationally – and his ability to thrive in competitive environments,” said Virtela Chairman Vab Goel. “His distinguished record, combined with his unparalleled passion and leadership abilities, puts Virtela in an excellent position to further expand our delivery of premier enterprise network and security services for customers.”

While based in the Netherlands as Infonet’s president of EMEA, Morgan was responsible for business development, sales, support and operation of products and services in the region. In that role, he significantly expanded the market share of multinationals in the company’s most competitive geographic sector. Prior to this position, Larry was based in Singapore as vice president and general manager of Infonet's Asia-Pacific region, where he achieved more than 300% revenue growth over a five year period.

”I’m excited to join Virtela and seize the incredible market opportunity before us, building upon the company’s impressive growth and industry position achieved via an innovative and proven approach to enterprise services,” said Larry Morgan. “We will maintain our technology leadership while further raising the industry bar in providing best-in-class customer service on a global basis while other providers are plagued by layoffs and distracted by M&A activities to keep themselves viable.”

Virtela Communications Inc.