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Chris Mangum is a seasoned entrepreneurial leader with extensive experience in executive-level management, strategy, business development, M&A innovation and entrepreneurship across a broad range of business models. Mangum is founder and CEO of Servato Corp., a leading innovator in the emerging Internet of Things space. Servato is ensuring that the Internet is “Always On” by automating remote management of backup power for Internet infrastructure.
From 2007 to 2012, Mangum led corporate strategy and business development for CenturyLink (NYSE: CTL) where he was part of a leadership team that grew the independent telco’s market capitalization from $2.5 billion to over $25 billion. While at CenturyLink, he developed the company’s growth strategy, championed the firm’s move into the data hosting / cloud space with the $3.2 billion acquisition of Savvis, and incubated highly profitable new revenue streams that represented the future of the business (wireless, online advertising, network security).
Prior to CenturyLink, Mangum co-founded and led an entrepreneurial advisory and investment firm called Venture X Group. With offices in Atlanta and Palo Alto, VXG helped to launch over 100 high-growth businesses from 1998 to 2007, representing investments of over $150 million. Successes included SecureWorks (sold to Dell in 2011 for $650 million, now public), MFG.com (Jeff Bezos portfolio company) and AirBand (nation’s largest B2B wireless broadband provider).
Mangum lives in New Orleans with his wife and two children.