ePlus Expands Leadership Team with Appointment of Mike Portegello to Board of Directors

ePlus Welcomes Mike Portegello to Its Board of Directors

In a significant move aimed at enhancing its leadership, ePlus Inc. (NASDAQ: PLUS) has announced the appointment of Mike Portegello to its Board of Directors. With a robust career spanning over 37 years, Portegello brings an impressive wealth of experience in accounting, finance, and capital markets.

A Proven Track Record

Portegello's illustrious career includes serving as a Global Client Service Partner at Ernst & Young (EY), where he led global audit efforts for diverse organizations from startups on the brink of going public to multinational corporations. His wide-ranging expertise is a critical asset spanning various sectors, including Software as a Service (SaaS), HealthTech, Retail, e-Commerce, and Biotech/Life Sciences. Following his retirement from EY, he has transitioned into an advisory role for emerging technology firms, particularly those innovating in generative artificial intelligence and health technology.

Insights from Leadership

Mark Marron, CEO of ePlus, expressed confidence in Portegello's abilities: “Mike carries a wide range of experience across many sectors that will be invaluable to our business as we continue to evolve. His accounting and finance insights are essential for assisting ePlus in creating long-term value.” This sentiment underscores the importance of strategic leadership in navigating the complexities of modern business environments.

In his new role, Portegello will not only serve on the Board but will also participate in the Audit Committee and the Compensation Committee, further amplifying his influence within the company. His unique perspective from both the private and public sectors is expected to enrich discussions and decisions at the highest levels of ePlus.

Looking Forward

Expressing his enthusiasm about joining the ePlus team, Portegello stated, “I'm grateful for the opportunity to join the ePlus Board of Directors. I look forward to being part of a team focused on guiding this forward-thinking company on the next leg of its journey.” He praised the company for consistently executing its strategy despite market volatility and expressed eagerness to leverage his expertise to propel ePlus onward.

Portegello holds significant academic credentials, being a Certified Public Accountant with an MBA in Management from NYU's Stern School of Business and a Bachelor of Science in Accounting from St. John’s University. Additionally, he has recently completed executive education programs at Columbia Business School, covering topics in Venture Capital, Private Equity, and Corporate Governance.

About ePlus Inc.

ePlus is recognized as a customer-centric leader in the technology solutions space, dedicated to delivering results through innovative services. The company offers a comprehensive suite of solutions, including AI, security systems, cloud services, and data center solutions. With over 2,130 employees and a history of partnership with industry leaders, ePlus is skilled at helping organizations navigate challenges across various sectors. Established in Virginia, ePlus also operates in the UK, Europe, and the Asia-Pacific region.

For more details about ePlus and its offerings, interested parties are encouraged to visit www.eplus.com or connect with them via their social media platforms. With the addition of Portegello, ePlus is poised to tackle future challenges and capitalize on new opportunities in the tech landscape.