Gregg Smith is a visionary executive who leads public and private companies through critical stages of development in the digital media, software and wireless telephony sectors. An innovative manager who creates shareholder value by launching, building, refocusing and restructuring enterprises, Gregg has executed transactions worth nearly half a billion dollars, including the sale of seven companies, while leading teams that met and exceeded performance targets in competitive, changing environments.
As Chief Executive Officer of Acuity Mobile, Gregg led the mobile marketing company through a successful early stage investment cycle from start-up to acquisition by a major strategic investor. Under his leadership, the company grew revenues by 750% over 18 months, executed financings that increased shareholder value by 90%, engineered an innovative product protfolio and completed a sale to NOKIA which delivered a 40% return on investment.
Previously, as Corporate Vice President and Senior Vice President of Aether Systems (NASDAQ: AETH), Gregg was instrumental in building the wireless software solutions provider into a global leader with a $9 billion market capitalizatin in less than two years. The driving force in an ambitious corporate strategy of acquisitions, joint ventures and investments which he conceived and executed, Gregg also led a company-wide integration program that consolidated Aether’s strategic successes.
As President of Aether’s Enterprise Division, Gregg managed the unit’s P&L, grew revenues from $3 to $100 million and developed global business while creating and launching products that won market share around the world. In 2004, industry analysts Frost & Sullivan honored Gregg’s sale of the division to TeleCommunications Systems (NASDAQ:TSYS) as “Most Strategic Acquisition” of 2004. Gregg went on to run the division for TCS from 2005 to 2007, when the business was divested.
Prior to joining Aether Systems, Gregg was President and COO of Karch International, Inc., a software company where he refocused strategy, raised capital, drove the restructured company to profitability in three months and assisted ownership in selling corporate assets. Gregg also served as Vice President of Nurad Technologies, a wireless hardware and product manufacturer where he played a central role in achieving profitability and negotiating the sale of the company to a publicly-traded UK enterprise with a market capitalization of $2 billion.
Gregg serves as a board member of a number of private companies, is a member of the Mobile Marketing Association and a frequent speaker at industry events.
