LOS ANGELES— GPL Technologies, a leading provider of IT
services to the media and entertainment industry, has appointed Hardy Parungao
to its executive team as Chief Financial Officer and Chief Operating Officer.
Parungao brings deep, executive-level experience in finance and strategic
management across a range of industries, and most recently served as CFO of
Infrascale, a California-based provider of cloud-based disaster recovery
Hardy Parungao
his new role, Parungao will work to expand GPL’s footprint across North America
and extend its leadership position in media and entertainment IT. His responsibilities
encompass day-to-day operations, financial management, strategic planning and
human resources. His operational authority will cover each of GPL’s operating
units, which include Managed Services, Infrastructure Solutions, VFXnow and
Breed Staffing.
“The media and entertainment is in a period of rapid,
dynamic evolution that is creating new opportunities for GPL and our
customers,” said Brian Terrell. “Hardy will help us take advantage of those
opportunities and deliver better value and higher quality service to our
clients. He is a thoughtful and innovative leader with a proven talent for
helping good companies grow faster and work smarter. We are very excited to
welcome him to our team.”

Over the past ten years, Parungao has focused on spurring
growth at technology companies involved in SaaS, HaaS, XaaS, eCommerce and
sales to MSPs, VARs and OEM customers. He served as CFO of Infrascale for five
years and led the company from start-up phase to become a high-growth leader in
cloud-back up and file sharing with operations in Europe, Asia and Australia.
Previously, he served as Senior Vice President, Finance for Countrywide/Bank of
America heading its Application Development division. His background also
includes leadership roles with Cardinal Health, Fortune Brands, Black and
Decker, PepsiCo and Coca-Cola. He began his career as a certified public
accountant and auditor with Arthur Andersen & Co. 
In discussing his move to GPL, Parungao said he was
attracted by its growth potential. “I like to help companies achieve their
goals,” he said. “GPL is a strong company with a well-defined niche and I want
to help build it into a world-class company. It is in a challenging industry
with a lot of players but our goal is to achieve a competitive advantage and a dominant
position in our market.”
Parungao was born in the Philippines and emigrated to the
United States in 1994. He earned his MBA at California State University,
Northridge. In his personal life, Parungao has a deep commitment to animal
welfare and has been actively involved in animal rescues.
About GPL Technologies
Founded in Los Angeles, Calif., in 2003, GPL draws on over a
decade of expertise as trusted technology advisers, adding value for our
customers by offering personalized methods of improving IT efficiency,
streamlining complex systems and environments, and reducing the costs
associated with acquiring and maintaining IT systems with innovative managed
services and financial solutions. 
For further information, visit http://www.gpltech.com/
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