Welcome!

News Feed Item

Stone Key Group Announces Organizational Changes and Enhancements for Continued Long-Term Success

Doni L. Fordyce Named President and Chief Operating Officer

GREENWICH, Conn., April 14, 2014 /PRNewswire/ -- Stone Key Group LLC, a private merchant bank focused on providing independent strategic and financial advisory services to, and making proprietary investments in, the Government and Commercial Technology sectors, today announced that effective immediately Doni L. Fordyce, one of the Founding Partners of Stone Key Capital, will take on the additional responsibilities of President and Chief Operating Officer of Stone Key Group.  The leadership changes are part of the firm's long-term strategic plan to ensure Stone Key's continued growth.   

"Stone Key has grown significantly since its founding five years ago, completing 17 transactions for the firm's advisory clients totaling approximately $14 billion in transaction value," said Michael J. Urfirer, Chairman and Chief Executive Officer of Stone Key Group.  "In the past eighteen months, Stone Key has strengthened its Commercial Technology advisory capabilities by bringing aboard three partners while continuing to work closely with the firm's longstanding clients in the Government Technology sector.  We have a strong pipeline for the future and a talented and experienced team that will continue to grow the business on the solid foundation that we have built," added Urfirer.

As the newly named President and Chief Operating Officer, Doni L. Fordyce will be responsible for Stone Key's day-to-day operations, ensuring that the firm's strategic and financial advisory clients receive creative and customized solutions to enhance their competitive positioning and shareholder value and coordinating the activities of Stone Key's advisory and proprietary investing businesses.  "Doni's years of experience as an operating executive in both the Financial Services sector and the Government and Commercial Technology industries will enhance the management capabilities of the firm and will help to position Stone Key for its further growth," said Urfirer.

Ms. Fordyce has over two decades of senior executive and investment management experience. Prior to joining Stone Key Capital, she was a founding partner and Executive Vice President of L-1 Identity Solutions, a publicly traded market leader in the homeland security and defense industries that was sold for $1.6 billion in 2010.  Prior to L-1, she was Chief Executive Officer, President and Chief Operating Officer of Bear Stearns Asset Management Inc. ("BSAM").  Before joining BSAM in 1996, Ms. Fordyce worked at Goldman Sachs Inc. where she was a founder of the asset management business.  Prior to Goldman Sachs, she worked as an information technology consultant to investment banks and financial institutions, developing state-of-the-art networking and data management solutions.

"I have been actively involved in building Stone Key from the beginning and I look forward to the opportunity to grow and broaden Stone Key's merchant banking platform," said Fordyce.

About Stone Key Group

Stone Key Group is a private merchant banking firm focused on utilizing its deep domain knowledge, expansive relationship network and extensive transaction expertise in the Government and Commercial Technology sectors to provide its clients with independent, value added strategic financial advisory services through Stone Key Partners and to make attractive proprietary investments through Stone Key Capital.  The members of the Stone Key team have decades of experience in advising companies in the Aerospace and Defense, Homeland Security, Cybersecurity, Enterprise Software, Information Technology and Communications Technology industries.  For more information about Stone Key, please visit the Company's website at: www.stonekey.com

Stone Key Group Media Contacts:


Karen Scacchi                                                                       

Steve Lipin

(203) 930-3752                                                                        

Brunswick Group

[email protected][email protected]                           

(212) 333- 3810

 

SOURCE Stone Key Group LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Early adopters of IoT viewed it mainly as a different term for machine-to-machine connectivity or M2M. This is understandable since a prerequisite for any IoT solution is the ability to collect and aggregate device data, which is most often presented in a dashboard. The problem is that viewing data in a dashboard requires a human to interpret the results and take manual action, which doesn’t scale to the needs of IoT.
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee...
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Much of IT terminology is often misused and misapplied. Modernization and transformation are two such terms. They are often used interchangeably even though they mean different things and have very different connotations. Indeed, it is somewhat safe to assume that in IT any transformative effort is likely to also have a modernizing effect, and thus, we can see these as levels of improvement efforts. However, many businesses are being led to believe if they don’t transform now they risk becoming ...
"We provide DevOps solutions. We also partner with some key players in the DevOps space and we use the technology that we partner with to engineer custom solutions for different organizations," stated Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
What does it look like when you have access to cloud infrastructure and platform under the same roof? Let’s talk about the different layers of Technology as a Service: who cares, what runs where, and how does it all fit together. In his session at 18th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, an IBM company, spoke about the picture being painted by IBM Cloud and how the tools being crafted can help fill the gaps in your IT infrastructure.
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...