Computer Design & Integration LLC (CDI LLC) Announces the Promotion of Rich Falcone to President
Position includes strong focus on M&A activities, national sales expansion and marketing strategies
New York – October 20, 2020 – Computer Design & Integration LLC (“CDI” or “the Company”) announced today that Rich Falcone has been promoted to President.
Falcone will be responsible for managing CDI’s growth strategy, overseeing the health of each business unit and ensuring CDI delivers exceptional value to its clients, partners and stakeholders. In addition to his existing responsibilities, he will now be focused on driving merger, acquisition and integration efforts with investment firm, One Equity Partners (“OEP”), and leading CDI’s Professional and Managed Services lines of business. Falcone will continue to manage revenue streams across all geographies, cultivate and develop talent throughout the organization, oversee strategic client and partner relationships, and spearhead the Company’s overall marketing strategy and brand evolution.
“I have been fortunate to be a part of the CDI family for nearly 20 years and cannot attempt to summarize the memories and success that we have achieved,” said Falcone. “CDI has built an industry-leading business with an unmatched value proposition for our customers. We’ve developed the size, scale and the end-to-end cross discipline of our professional and managed services offerings to truly help our customers thrive in the digital age. I have always been a champion of our company culture and am eager to play a strong leadership role in helping CDI execute its ambitious growth plans and further solidify our reputation as a mature, respected, client-first solutions provider.”
Falcone began his career with CDI in 2002 as a sales associate and has held various positions of increasing responsibility across the Company. He was first promoted to Associate Vice President (AVP) of Sales in 2009, where he was tasked with recruiting and building CDI’s first New York City sales office – which within two years became the Company’s number one revenue generating location. He was next promoted in 2013 to Executive Vice President (EVP) of Sales, now leading both CDI’s New Jersey and New York City-based sales teams. CDI experienced three straight years of record sales growth under his direction.
After almost two decades leading high-performance teams in executive and management roles, he was promoted in 2017 to President of Sales. In this capacity, Falcone was responsible for all revenue generating functions, inclusive of core sales, digital sales, and annuity managed cloud services, with additional direct reports from marketing, pre-sales and inside sales. During his tenure, CDI posted its highest earnings in each of its major product and service offerings.
“I have had the pleasure of working alongside Rich for the better part of two decades and his achievements and contributions to CDI cannot be understated,” said Eric Bakker, Chief Executive Officer, CDI. “He has been instrumental in our company’s sustained growth over the last 20 years and has consistently overdelivered on any effort in which he was involved. Rich is a driven and polished leader whose extensive knowledge of our industry and deep passion for our business will be vital as CDI continues its evolution. I am certain that he will excel in this position and continue to ensure our mentality of excellence.”
The promotion comes amidst significant business and financial growth for CDI. Earlier this year the Company entered into a strategic partnership with One Equity Partners (“OEP”) and announced a series of acquisitions, including Plan B Technologies, Inc. (“PBT”) and P5 Solutions, Inc. (“P5”).
About Computer Design & Integration LLC (CDI LLC):
CDI LLC was founded in 1995, with corporate headquarters in New York City, as well as office locations in Teterboro, N.J., Atlanta, Annapolis, Philadelphia and Boston. The firm has been recognized as one of the top IT solution providers in the world, offering clients and businesses of all sizes the most up-to-date hybrid IT technology solutions. CDI LLC continually focuses on achieving client satisfaction by developing and implementing comprehensive and innovative technology solutions that enhance day-to-day business workflow processes, and combines the required experience, exceptional talent, quality assurance and stability needed to solve today’s most complex business challenges.
View the press release here.