ALLENTOWN, PA--(Marketwired - Aug 21, 2013) - INetU, the industry experts in complex hosting and a global provider of business-centric managed cloud and application hosting, announced today that Tim O'Keefe has been hired as Chief Financial Officer, responsible for the Company's overall accounting and finance activities.
O'Keefe is the latest addition to the INetU senior management team comprised of industry leaders, including Vice President of Operations, David Van Allen and Director of Security, Scott Walters. Their appointments are representative of a focus on extending financial growth and technological capabilities while maintaining the high level of service that INetU clients expect.
"Being named INetU CFO puts me in a unique, but familiar position," said O'Keefe. "My previous experience provided the opportunity to be a part of an organization that experienced significant growth which ultimately led to the realization of substantial shareholder value. My experience and expertise combined with a seasoned management team will provide the foundation to take INetU to the next level."
O'Keefe is a proven executive with more than 20 years of extensive corporate finance and operational experience in the manufacturing, professional services, technology and real estate industries. O'Keefe started his career at KPMG, followed by various financial executive positions with publicly held companies as well as start-up organizations. Most recently, he served as CFO for DBSi International Inc.; a data center company focused on providing co-location and managed hosting services. In just over 3 years at DBSi, O'Keefe was instrumental in growing the business over 100% while obtaining $35 million in financing to support this substantial growth.
"Tim's ability to work beyond debits and credits made him immediately attractive to INetU," said Dev Chanchani, CEO and founder, INetU. "He has a proven track record of working closely with infrastructure and operations to make the best financial investments for growing a business. His financial acumen is world-class, but we're especially excited to work with Tim on creating an economic path that will further solidify our company as one of the managed hosting industry's best."
About INetU Managed Hosting
INetU, Inc., a leading managed hosting and cloud provider, delivers secure, high performance and reliable hosting for businesses worldwide. INetU expertly provides compliant solutions for e-Commerce, Healthcare, Financial Services, SaaS and more. With domestic and international datacenters, INetU has the global reach to support even the most complex hosting environments. INetU is PCI, SSAE 16/SOC 1, SOC 2/3, ISAE 3402 and Safe Harbor compliant and provides HIPAA guidance and assurances.