CHICAGO — May 17, 2022— Nitel, a leading next-generation technology service provider, announced today the appointment of Scott Reilly as Chief Financial Officer. Scott brings over 20 years of financial management experience to the company, including positions at New Era Technologies and ADP.
“As we continue to see significant growth by enabling our customers’ digital transformation strategies, our needs for strong financial management and planning are very important,” said Margi Shaw, Nitel’s CEO. “Scott is the perfect professional to help us move into the next phase of our evolution as a company, ensuring sound financial stewardship as we continue to grow organically and explore opportunities for inorganic growth. He brings a wealth of experience in scaling financial functions in major firms with significant global footprints to Nitel.”
Most recently, Scott was CFO at New Era Technologies where he built out a scalable financial function to support significant growth. Previously, he had held several senior finance roles at ADP, including Emerging Products partner and Sales CFO for the company’s largest business unit. He has also held financial roles at Hertz and Avaya. In addition to Scott’s roles in corporate finance, he has also held investment roles in private equity as well as having spent several years as a management consultant in the telecom industry
Scott earned his MBA from New York University as well as an honors degree in Electronic Engineering from University of Aberdeen in Scotland. He is originally from Glasgow, Scotland.
According to Shaw, this appointment is a continuation of management changes that started late last year when Cinven, an international private equity firm, made a significant investment in Nitel.
“We continue to carry out our vision with strategic leadership hires,” she said. “We’ve improved the management team at Nitel across the board and Scott is another key hire as we work to improve our overall position.”