,

Mike Gold promoted to Intermedia CEO, Phil Koen becomes Executive Chairman

Big news today: Intermedia President Michael Gold has been promoted to CEO.

And Chairman and CEO Phil Koen has transitioned to Executive Chairman.

This is an exciting time for Intermedia. Phil and Mike joined us in 2011, as part of our company’s acquisition by majority owner Oak Hill Capital Partners. And over the last four years, they’ve transformed the company.

Today we’re a one-stop shop for essential cloud IT services. Our business and operations have grown dramatically—we’ve expanded our partner distribution channel, we’ve grown our product portfolio, and we’ve established a much larger international presence.

Today, our Office in the Cloud™ suite encompasses more than 20 essential business applications.

We now have more than 65,000 customers, 5,500 active partners, and 700 employees.

“Mike and I have worked closely together since acquiring Intermedia in partnership with Oak Hill Capital Partners,” said Koen. “We share the same strategic vision and passion for the future of the company. Mike’s leadership and execution have been fundamental to Intermedia’s tremendous success over the past four years. Now is the right time to make this transition. I remain fully committed, and Mike and I will be working side-by-side to drive Intermedia’s continued success.”

“I am delighted to take on this new role, and eager to continue working with Phil and the team to seize the significant opportunities ahead,” said Gold. “This is an exciting time for Intermedia, as we expand into new countries and new industry verticals, grow our product line, and enhance the worry-free experience that we provide our customers and partners.”

Congratulations to Mike and Phil. We’re eager to see what happens in Intermedia’s next chapter!

 

About Kirsten Barta

Kirsten Barta is Sr Marketing Communications Manager at Intermedia