Business
Starfleet Innotech Announces Steven Insalaco as President
Starfleet Innotech Announces Steven Insalaco as President.
About this update from Starfleet Innotech Inc.
[{"type":"text","content":"Starfleet Innotech Announces Steven Insalaco as President New York, USA, 21 July 2022 — Starfleet Innotech, Inc. (OTC Pink: SFIO) today announced that Steven Insalaco has been named President of the global investment holdings company.Insalaco brings over 30 years of executive management, corporate finance, and family office experience to SFIO. His expertise is focused company operations and capital structure, utilizing mergers and acquisitions, as well as other business modalities, to improve efficiencies and drive growth, valuations, and returns for capital sources and investors.“This past year, we’ve focused on laying out the groundwork for our global ecosystem across F&B, Real Estate, and Technology,” said Jeths Lacson, Starfleet Innotech CEO. “With Steven joining us at the helm, our focus now shifts to the exciting work of institutionalizing our community, bringing in new partners in the capital markets, and forging innovative opportunities—areas he has excelled in as a global leader for over 30 years.”Within the management and finance umbrella, Insalaco managed a $3.5 billion healthcare finance division and provided his financial and management skills to Fortune 500 and other public and private companies including ExxonMobil, Northrop Grumman, and Griffon Corporation. His experience includes developing and implementing marketing plans for different bank divisions and addressing the investment objectives of institutional bond clients improving term, yield, and portfolio quality. He identified and structured over a billion dollars of financings/deals, closing over 50 diverse leasing, asset based, real estate and other structured finance debt and equity transactions.Insalaco is concurrently the President and Managing Partner of Calgary Enterprises, Inc., a strategic operating business, financial management, and family office company he formed in 1988. Previous positions he has held include three “money center” banks (Chemical Bank, Manufacturers Hanover Trust Co., both now part of JP Morgan Chase & Company), and two investment banks (Merrill Lynch, acquired by Bank of America and Wood Gundy Inc., acquired by Canadian Imperial Bank of Commerce).As President of Starfleet Innotech, Insalaco will be spearheading the restructuring of Starfleet Innotech into a truly lean and agile corporate ecosystem, towards the compan...