**Editor's Note: Click here to see which channel people were on the move in April and May.**
Services and network solutions provider MetTel today announced the appointment of Steven Tunney as executive vice president of planning and strategy.
In this new company position, Tunney will help shape the future of MetTel as it looks to expand the breadth and depth of its services for enterprise and government customers through new technologies, strategic partnerships, mergers and acquisitions, the company said.
An accomplished deal maker in the financial, information and technology services industries, Tunney is the former CEO of Arlington, Va.-based MCG Capital Corp. where he provided capital to support the growth and value creation strategies of middle market companies. Tunney co-founded the $1.1 billion asset business development company in 1998 and was responsible for its strategic direction until 2011.
Prior to his work with MCG, Tunney gained merger and acquisition experience as vice president in the media communications group of First Union/Signet Bank in Tyson’s Corner, Va., and as the chief financial officer at Cambridge Information Group in Bethesda, Md., where he participated in a number of acquisitions as well as the divestiture of several product lines. A CPA, Tunney began his career at Price Waterhouse in 1982 and later served as finance manager at Vienna, Va.-based software company Legent Corporation (formerly Morino Associates).
Tunney is one of a number of senior executives recently recruited by MetTel as it builds its leadership team and looks to leverage its technology platform and customer service expertise to expand into new areas. The company has grown at an annual rate of 15 percent over the past three years.
“Steven understands what it takes to build and grow a company," said Marshall Aronow, CEO of MetTel. “He comes to MetTel with the strong technical background, in-depth knowledge of capital markets, and merger and acquisition experience that will help guide us through the exciting years ahead."
“My relationship with MetTel’s founders goes back many years," Tunney said. “I have watched them grow the company from a local POTS provider to the sophisticated telecom software, solutions and service company it is today. We have a great foundation and I look forward to helping the company grow and expand in a meaningful way."