Presidio’s president and longtime chief operating officer, Dave Hart, is leaving the company to pursue other opportunities following a 24-year stint with the global solution provider.
“Dave Hart and Presidio have decided to mutually part ways to allow Dave to pursue other opportunities for career growth,” Presidio confirmed in an email to CRN. “Dave has had an incredible impact on Presidio, and we are grateful for his many contributions over the past 24 years.”
New York City-based Presidio said it does “not plan to fill” Hart’s position of president and COO.
Hart played a “critical role” in helping build Presidio into a channel industry leader and a top channel partner for the likes of Cisco and Amazon Web Services, Presidio said. The company’s current annual revenue stands at $5.4 billion with 3,400 employees and 6,600 clients on a global basis, according to Presidio’s website.
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Hart was responsible for the sales and technology strategy for Presidio, as well as emerging business development, alliances, internal IT and the company’s leasing arm Presidio Technology Capital.
Over the years, Hart served on key partner advisory boards for some of Presidio’s largest vendors including Dell Technologies, Cisco, Intel and Palo Alto Networks. Hart could not be reached by press time.
IT Layoffs
The technology industry has witnessed a massive number of layoffs in 2023. These include IT giants like Google and Microsoft, but also from large solution providers including CDW, Deloitte and Accenture.
Solution provider powerhouse Accenture recently unveiled it would be laying off 19,000 employees over the next 18 months in one of the $62 billion company’s largest layoff rounds in its history. Additionally, last month, Deloitte confirmed its plans to begin laying off upwards of 1,200 positions this year.
CDW this month unveiled it was laying off hundreds of employees after reporting a 14 percent sales decline during its first quarter 2023.
“When our customers got cautious and exhibited a lot of concern, they went into decisions around deferring and pausing, and reducing costs,” said CDW CEO Christine Leahy. “And that brought greater scrutiny to projects. That brought a focus on shorter term ROI. That brought a focus on overarching cost reductions—all of which created longer sales cycles, and shorter duration contracts.”
Presidio Wishes Hart Success In ‘What He Chooses To Conquer Next’
Founded in 2003, Presidio was acquired in 2011 by private equity firm American Securities, which then sold Presidio three years later to private equity firm Apollo Global Management.
In 2017, Presidio went public after raising $234 million in an initial public offering (IPO). In late 2019, Presidio was acquired in an all-cash transaction valued at $2.2 billion by affiliates advised by private equity firm BC Partners.
Presidio, which made CRN’s 2023 MSP Elite 150 list, said the company wishes Hart “the most success in what he chooses to conquer next.”LEARN MORE: Professional Services
Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at [email protected].
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