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Robert Nero

Bob Nero is a seasoned CEO, President, and VP of Sales for information services, technology, and software solutions businesses. He is a results oriented executive with a 30 year track record of success in building revenue, strengthening executive teams, and building relationships with business partners, customers, and shareholders. As a management consultant and Threshold Engagement Partner, Mr. Nero serves mid-market software and services companies and venture capital investors. Recent assignments have included serving as interim CEO of two venture capital-backed companies, where he successfully revised market strategies, reduced burn rate, and introduced new sales and distribution processes.

Prior to entering consulting, Mr. Nero served as President and CEO of Interface Systems (NASDAQ: INTF), an Ann Arbor, Michigan-based provider of e-commerce software. Over a three year period, he transformed this 28-year old company from a low growth seller of legacy software and specialized printers into the leading provider of Internet based applications for online statement delivery in the financial services industry. During his tenure, he increased the market capitalization of the company ten-fold from $1.60/share in October of 1998 to $17/share in September of 2000, and successfully sold the company to Tumbleweed Communication (NADAQ: TMWD).

Earlier, Mr. Nero served as President and CEO of Bell & Howell Publication Systems Company in Cleveland, Ohio, a provider of information access software for the automotive, motorcycle, and marine dealer markets and a subsidiary of Bell & Howell Company. Over a two year period, he managed all aspects of the 600 employee business, including growing annual revenue from $73 million to $103 million through 10,000+ installations in North America, Europe, and Japan.

Prior to Bell & Howell, Mr. Nero served as President/General Manager of Legent Corporation’s Information Technology Division, a $25 million (annual revenue) software products and services organization. While with Legent, he established the company as the leader in computer-based training for legacy applications, targeting major corporations financial institutions, retailers, and utilities. Mr. Nero was responsible for establishing his organization as the most profitable division of the company for each year of his tenure, negotiating and integrating three acquisitions, and introducing a professional services component, which grew to 40% of total revenue.

Previously, Mr. Nero held a variety of executive sales roles. At Boole & Babbage, a leading software developer, he served as VP, Sales, where his organization contributed to revenue growth of 30% and earnings growth of 40%. As VP, Worldwide Sales at Lexis/Nexis, he managed 600 employees in 40 sales offices to achieve annual revenue growth of 22%. Mr. Nero spent the first twelve years of his career at ADP Network Services, where he rose to become National Sales Vice President with P&L responsibility for all 14 US sales offices generating annual revenue of $25 million.

Mr. Nero holds a BA in Mathematics and Economics from the University of Dayton, an MI-MS in Mathematical Statistics from Michigan State University, and has taken MBA courses in finance and accounting at Wright State University in Dayton, Ohio.

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