Frank Gatti has been directly involved with $10 billion of M&A Transactions, Turnarounds, Transformational Strategies, Credit Ratings, Investor and Bank Relations, Outsourcing and Benefits Administration. He has served on an array of public, private and not-for-profit Boards; Audit (chair), Compensation, Nomination/Governance Committees and; as a C-suite executive.
Mr. Gatti served on the Boards of Directors and Special/Sale Committee of Blackboard, Inc. a publicly-traded SaaS company from its 2004 IPO to its 2011 sale for $1.8 billion. Currently, he serves on the Board of Directors and several Committees of NACD/NJ and is a member of the Board of Advisors of Grace & Co. Consulting, Inc.
For thirteen years he served as CFO/Office of the President at ETS, a B2B/B2C company providing an array of services around the globe to consumers and hundreds of clients relating to professional licensing, certifications and assessments.
Upon joining ETS he developed and implemented a two-year $100 million turnaround that reversed a decade of operating and cash flow deficits. During his tenure revenues quadrupled to $1.3 billion, 35% outside the U.S, and reached 6,500 employees worldwide. Through his leadership of numerous transformational transactions and initiatives, the creation of financial functions/processes and building an array of high performance teams, over $500 million of net free cash flow was generated and reinvested in quality, innovation, technology and R&D.
Prior to ETS he served as a C-suite executive at The New York Times Company (“NYT”) which consisted of 50 business units-newspapers, magazines, broadcasting and cable-TV-across the U.S. He served as Corporate Vice President/Financial Management, Corporate Vice President/Chief Accounting Officer, Corporate Controller and chair of the ERISA Management Committee.
Mr. Gatti was directly involved in over fifty M&A transactions that propelled NYT to a media conglomerate. During his tenure revenues grew from $400 million to $2.4 billion, 50% from acquired businesses and reached 13,000 employees across the U.S. Due to this explosive growth, he implemented a range of scalable and integrated technologies and a shared services center to facilitate timely decisions and capital allocation by Management and the Board of Directors. He began his career with Deloitte/New York and provided an array of services to public, private and tax-exempt companies across various industry segments.