Congruex, a national end-to-end provider of digital network services, announced that it has appointed Neel Dev as its new Chief Financial Officer, effective November 29, 2022. Mr. Dev, who will be based at Congruex’s headquarters in Boulder, CO, succeeds current CFO Andy Carlson, who will remain a key member of the senior leadership team.
With 25 years of industry experience, Mr. Dev has a track record of successfully scaling and transforming finance functions at leading infrastructure companies, all the while driving strategic business outcomes and financial results. He most recently served as Executive Vice President and Chief Financial Officer at Lumen Technologies, formerly CenturyLink. At Lumen, Mr. Dev had global responsibility for financial planning, accounting, tax, treasury, investor relations, procurement, and supply chain management. He will continue to lead these same functions at Congruex.
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“With demand for broadband infrastructure growing at an unprecedented pace, Congruex is at the forefront of a once-in-a-generation window to be a turn-key provider of choice for the digital networks of the future,” said Bill Beans, Co-Founder, CEO & President of Congruex. “Neel’s extensive industry M&A, operational scaling, and leadership experience makes him an ideal fit as we look to accelerate our continued growth. We look forward to benefitting from his strategic acumen as we expand our services for clients and provide connectivity to communities nationwide.”
“I am thrilled to partner with Bill and the Congruex team, many of whom I have had the pleasure of working with in the past, to execute on the company’s unique growth potential as a holistic, diversified platform for network design and build services,” Mr. Dev said.
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Previously, Mr. Dev spent more than a decade in senior leadership positions at Level 3 Communications. He has also held financial and operating leadership positions at MCI (now Verizon Business) and MFS Communications. Dev holds a bachelor’s degree in mathematics from the University of Delhi (India) and an MBA from the University of Arizona. He is a CFA® charterholder.
Mr. Carlson will continue as a member of Congruex’s senior leadership team in the newly created role of Executive Vice President of Corporate Development and M&A, focused on growth and development opportunities across Congruex’s platform.
“Andy has played a pivotal role in driving our growth trajectory since joining the One Congruex family,” Beans said. “We are delighted that he is taking on this new and critically important role, laser-focused on identifying and capitalizing on opportunities that will take our platform to the next level.”
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