Press Release.

11.19.12

Parallel Infrastructure has a New Chief Executive Officer

November 19, 2012 – Morgan Samuels, a leading human capital consulting firm, has announced that Frank Chechile has joined Parallel Infrastructure as its new Chief Executive Officer.  Morgan Samuels provides innovative and strategic services focused on identifying, attracting, and retaining top executive talent.  In this role, Mr. Chechile will leverage his background in the public sector in developing and implementing a growth strategy and driving financial performance for the company.

Parallel Infrastructure, headquartered in Jacksonville, FL, is a major independent owner and manager of rights-of-way.  Both municipalities and private enterprises throughout North America own millions of miles of land corridors which are traditionally used for transportation-related purposes, such as roadways, rail systems and electrical transmission.  Such rights-of-way represent significant opportunity for income from non-transportation uses, such as telecommunications infrastructure, land leases, billboards and parking.  Existing owners often lack the expertise to take advantage of these opportunities.  Parallel Infrastructure focuses on developing and growing income from alternative uses of this land.  The company is led by industry veterans with over 100 years of combined experience in rights-of-way and real estate management, as well as telecommunications development.

Mr. Chechile had most recently been the Chief Executive Officer of HP State and Local Enterprise Services (formerly Saber Software).  He has more than 20 years of experience in the information technology services industry.  Mr. Chechile earned a Bachelor of Science degree in Math with a concentration in Computer Science from Fairfield University in Fairfield, CT, and a Master of Communication and Information Studies degree from Rutgers University in New Brunswick, NJ.  He also completed an executive development program at the London Business School.  “It has been a pleasure partnering with Fortress Investments on this critical placement and we are confident that Frank will be an outstanding leader in driving strategic growth for Parallel,” said Bert Hensley, Chairman and Chief Executive Officer, and Lynn Wu, Principal, who led this search on behalf of Morgan Samuels for Parallel Infrastructure.

About Morgan Samuels

Morgan Samuels is a leading human capital consulting firm dedicated to helping its clients realize their vision by identifying and solving their most mission critical human capital imperatives.  For over 45 years the firm has created and implemented breakthrough human capital strategies that impact companies at the organizational, team and individual levels.

Complementing its core competency in retained executive search, Morgan Samuels offers additional results-driven consulting solutions designed to unleash the power of human capital and revolutionize leadership performance.  Whether it’s through identifying, attracting and acquiring best-in-class talent, or developing, equipping and retaining existing critical talent, Morgan Samuels enables its clients to truly innovate, accelerate, and transform – instead of just perform.