Frank Palermo

About Frank Palermo

I love building things. Throughout my career, I’ve created many innovative products and service offerings. I’ve worked on designing graphics accelerators, bringing PowerPC systems to market, launching one of the first P2P compute networks for design automation, developing software products in the workflow and document management space, launching a B2B startup in the interior design industry, and building a $2B+ global engineering services firm that started in a basement. I\'ve learned that collaboration, creative problem-solving, curiosity, and a passion for learning are essential to achieving business results. I am inspired to work with clients to understand their challenges and apply modern technology solutions that impact their business. I put the customer at the center of everything I do.My journey as a technology leader has resulted in a unique blend of technology, creative and business skills. My experience spans diverse roles in consulting, strategy, technology, software, hardware development, financial & operational management and M&A. I am an energetic leader with a track record of building businesses from the ground up. I have a knack for identifying future market trends and quickly building the capabilities needed for market capture. I excel at leading teams to create, scale, and optimize business portfolios. I work best in fast-moving, entrepreneurial environments. I am a big believer in culture and building trust with teams. I am not afraid to question the status quo and am comfortable taking calculated risks. I enjoy rolling up my sleeves and spending time with teams in the trenches. I love storytelling and helping brands create market-facing narratives. I’m a voracious reader with a passion for learning. I love to write and am a published columnist and frequent speaker on leading technology trends. I am a member and contributor to the Forbes Technology Council.Through these experiences I have established several key beliefs:• Hard work. It takes more than talent. • Less is more. Small, nimble teams innovate best. • Design. There is no substitute for good design.• Quality counts. In everything you do.• Decide with data. Let the numbers do the talking.• Execution matters. Ideas without execution are just ideas. • Communication counts. You must be able to sell your ideas.• Think big. You miss 100% of the shots you don’t take.I love networking and hearing interesting points of view. Reach out if you want to geek out, explore a new business opportunity, collaborate on a project or just talk about your passion!

Experience

1. Chief Operating Officer

   NewRocket

   Apr 2025 — Present · New York, NY, US

   Responsible for translating organizational strategy into actionable operational plans while overseeing day-to-day business functions. The role bridges executive vision and ground-level execution, ensuring alignment between long-term goals and daily operations. Responsible for operating functions of global delivery, CTO/product, resource management and capability development.

Education

• Northeastern University

  Bachelor's Degree, BSEE

  1985 — 1990