Mark Carano
Director of Finance/CFO at SPX TECHNOLOGIES, INC.
Net worth: 404 482 $ as of 2024-03-30
Profile
Mark A.
Carano is currently the Vice President at ELXSI Corp.
and the Chief Financial Officer, Treasurer & VP at SPX Technologies, Inc. He previously worked as the Managing Director-Investment Banking at Deutsche Bank AG from 2000 to 2006, Managing Director-Investment Banking at Wachovia Securities LLC, Managing Director-Investment Banking at Merrill Lynch, Pierce, Fenner & Smith, Inc. from 2006 to 2013, Chief Financial Officer, Treasurer & Senior VP at Insteel Industries, Inc. from 2020 to 2022, Senior VP-Industrial & Corporate Development at Babcock & Wilcox Enterprises, Inc. from 2013 to 2018, and Chief Corporate Development Officer & Senior VP at BWX Technologies, Inc. He also served as the Chief Financial Officer at Big River Steel LLC from 2019 to 2020.
Carano received his undergraduate degree from Vanderbilt University and his MBA from Kellogg School of Management.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
SPX TECHNOLOGIES, INC.
0.01% | 2024-03-17 | 3,285 ( 0.01% ) | 404 482 $ | 2024-03-30 |
Mark Carano active positions
| Companies | Position | Start |
|---|---|---|
| SPX TECHNOLOGIES, INC. | Director of Finance/CFO | 2023-01-02 |
| ELXSI CORPORATION | Corporate Officer/Principal | - |
Former positions of Mark Carano
| Companies | Position | End |
|---|---|---|
| INSTEEL INDUSTRIES, INC. | Director of Finance/CFO | 2022-12-29 |
Big River Steel LLC
 Big River Steel LLC SteelNon-Energy Minerals Big River Steel LLC owns and operates a steel mill and recycling facility. Its products include hot rolled coils; hot rolled pickled and oil sheets; and cold rolled, cold rolled motor lamination, and galvanized steels. The company was founded by John D. Correnti in 2014 and is headquartered in Osceola, AR. | Director of Finance/CFO | 2020-05-17 |
| BABCOCK & WILCOX ENTERPRISES, INC. | Corporate Officer/Principal | 2018-10-14 |
Merrill Lynch, Pierce, Fenner & Smith, Inc.
 Merrill Lynch, Pierce, Fenner & Smith, Inc. Investment Banks/BrokersFinance Founded in 1958, Merrill Lynch Piece Fenner & Smith, Inc. is an SEC registered broker/dealer located in New York City. The firm is a subsidiary of BAC North America Holding Co. and their ultimate parent is Bank of America Corp. (NYSE BAC). | Corporate Officer/Principal | 2012-12-31 |
| DEUTSCHE BANK AG | Corporate Officer/Principal | 2005-12-31 |
Training of Mark Carano
| Vanderbilt University | Undergraduate Degree |
| Kellogg School of Management | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 5 |
|---|---|
| INSTEEL INDUSTRIES, INC. | Producer Manufacturing |
| DEUTSCHE BANK AG | Finance |
| BABCOCK & WILCOX ENTERPRISES, INC. | Electronic Technology |
| BWX TECHNOLOGIES, INC. | Electronic Technology |
| SPX TECHNOLOGIES, INC. | Producer Manufacturing |
| Private companies | 4 |
|---|---|
ELXSI Corp.
 ELXSI Corp. RestaurantsConsumer Services ELXSI Corp. engages in the operation of restaurants through its subsidiary Cues, Inc. It operates through the Equipment Manufacturer and Restaurant Operations segments. The Equipment Manufacturer segment engages in manufacturing and servicing of robotic video inspection and repair equipment and software for wastewater and drainage systems primarily for municipalities, service contractors and industrial users. The Restaurant Operations segment operates restaurant under the Bickford's brand name. The company was founded in September 1980 and is headquartered in Orlando, FL. | Consumer Services |
Wachovia Securities LLC
 Wachovia Securities LLC Investment Banks/BrokersFinance Wachovia Securities LLC offered equity, fixed income, and structured products. It was founded in 2001 and was headquartered in St. Louis, MO. | Finance |
Big River Steel LLC
Big River Steel LLC SteelNon-Energy Minerals Big River Steel LLC owns and operates a steel mill and recycling facility. Its products include hot rolled coils; hot rolled pickled and oil sheets; and cold rolled, cold rolled motor lamination, and galvanized steels. The company was founded by John D. Correnti in 2014 and is headquartered in Osceola, AR. | Non-Energy Minerals |
Merrill Lynch, Pierce, Fenner & Smith, Inc.
Merrill Lynch, Pierce, Fenner & Smith, Inc. Investment Banks/BrokersFinance Founded in 1958, Merrill Lynch Piece Fenner & Smith, Inc. is an SEC registered broker/dealer located in New York City. The firm is a subsidiary of BAC North America Holding Co. and their ultimate parent is Bank of America Corp. (NYSE BAC). | Finance |
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