Frank Plastina

07/22/2016 4:58PM EST

Frank Plastina served as an Entrepreneur-in-Residence with the Blackstone Entrepreneur Network from May 2012 – June 2015, and continues as Entrepreneur-in-Residence for UNC’s Office of the Vice Chancellor for Innovation, Entrepreneurship and Economic Development. Frank founded Arc & Company, LLC and serves as its President. Arc&Company is an angel investment firm and also provides advisory services to “C” level executives in the areas of strategic planning, business model restructuring M&A and organizational design. He has been the Chief Executive Officer of two NASDAQ companies. Most recently, he served as the CEO of Wolfspeed – formerly Cree’s Power and RF division.
Prior to serving as an EIR, Frank served as the President and CEO of Tekelec, a telecommunications software company, from Feb 06 – Jan 11. At Tekelec, he led the company’s efforts to grow outside of its traditional US based business. Under his leadership, the company secured business in all four of the BRIC (Brazil, Russia, India, China) countries as well as over 40 additional countries. These efforts led to Tekelec being named one of the Top 200 Small Businesses by Forbes in both 2008 and 2009. Tekelec was also named Public Company of the Year by NCTA in 2009. Frank has complimented this operating experience with roles at Warburg Pincus, a leading New York based private equity firm, and the Toronto office of PWC. In 2006, he was named one of the 50 Most Powerful People in NC Business by Business Leader magazine. He has also been featured in articles in Forbes, The Wall Street Journal, The Times of India, France’s Le Figaro, Canada’s National Post and the Globe and Mail and Raleigh’s TBJ and News & Observer.

Present and past public company, private company and advisory Board experience includes CREE, American Securities, Bull City Ventures, The Select Group, Lonerider Brewing, FirstNet, Tekelec, Proxim, Presidio, Petroliance, BTI, Pinpoint/Motricity, Ronald McDonald House of Durham, First Flight Ventures, MCNC, Duke Heart Center, Duke Fuqua School of Business and NC Symphony.

Frank is a native of Toronto, Canada, and a graduate of the University of Toronto. He is a US citizen and has resided in North Carolina since 1997.

  • "Companies working with the Blackstone Entrepreneurs Network come in prepared and investment ready."

  • "The service Blackstone provides is extremely valuable. There is not another resource like it in this area and it is so needed."

  • "Aquagenx has gained crucial access to resources and insightful perspectives. We are better positioned strategically for future success."

  • "Blackstone helped us to succeed by mixing tactical input with strategic input from the kickoff of our fundraising effort to the close of the A-round."

  • "Blackstone Entrepreneurs Network is an invaluable partner. Their mentorship and guidance helps us catalyze and create entrepreneurial opportunities."