Hewill lead the firm’s value creation activities “to refine and evolve business and technology strategy”, as well as improving operational performance and driving business transformation.
Gillett will succeed Charles Giancarlo, who will remain with Silver Lake through the end of the year and then transition into an advisory role.
Prior to joining Skype Gillett led Silver Lake value creation efforts in Europe, where he played an integral role in the firm’s investment in Skype. He joined Skype as chief transformation officer, subsequently taking the role of chief development and operating officer, and spearheaded the expansion of Skype’s global development organization, more than doubling the team of product development engineers. He also oversaw advances to the company’s technology platform and global operations by supporting and enabling significant growth in users, engagement and revenue, and subsequently led Skype’s integration into Microsoft following the company’s acquisition in 2011.
“We are thrilled that Mark is returning to Silver Lake,” said managing partner Egon Durban. “Mark’s accomplishments at Skype have transformed the company. He is poised to make a significant contribution to our portfolio companies going forward.”
Gillett first joined Silver Lake in 2009 from Alvarez & Marsal where he served for four years and was a managing director responsible for leading A&M’s practice in technology, telecoms and business services and growing its private equity services in Europe.
Silver Lake’s portfolio includes or has included technology and business such as Alibaba, Allyes, Ameritrade, Avago, Avaya, Business Objects, Flextronics, Gartner, Gerson Lehrman Group, Global Blue, Instinet, Intelsat, Interactive Data Corporation, IPC Systems, MCI, Mercury Payment Systems, MultiPlan, the NASDAQ OMX Group, NetScout, NXP, Sabre, Seagate Technology, Serena Software, Skype, Spreadtrum, SunGard Data Systems, UGS, Vantage Data Centers and William Morris Endeavor.
Copyright © 2013 AltAssets