Dan Caruso, Co-Founder, Chairman & CEO
Dan Caruso is Chairman and CEO of Zayo Group. As an angel investor, Dan helped found Envysion where he served as Chairman from 2006 to 2013. Dan is also a former Board Member of GTS Central Europe and Director of New Global Telecom. He has an MBA from the University of Chicago and a BS in Mechanical Engineering from the University of Illinois.
Between 2004 and 2006, Dan was the President and CEO of ICG Communications. Backed by Columbia Capital and MC Partners he led the private buyout of ICG in 2004. In 2006, ICG was sold to Level 3 Communications for $170 million, resulting in a total distribution to the buyout group and management team of over $225 million and a return on investment of 25x.
As one of the founding executives of Level 3, Dan was responsible for the company’s engineering, construction and operations organizations. Between 2001 and 2003, most of the company’s lines of business and marketing functions fell under his jurisdiction. Earlier, Dan was part of the MFS Communications senior management team. He began his career at Illinois Bell/Ameritech.
In 2016, Dan was named Alumni of the Year by Chicago Booth. In 2015, Dan received a Gold Stevie® Award in the Executive of the Year in the Telecommunications category. Dan was also honored with the CU Leeds School of Business Distinguished Alumni and Service Award in 2015. In 2014 and 2015, Dan was named to the Global Telecoms Business Power 100. In 2013, he was awarded the Bob Newman Lifetime Achievement Award by the Colorado Technology Association. In 2011, Ernst & Young named Dan one of the three national finalists for the Entrepreneur of the Year in Media, Entertainment and Communications, and the Denver Post named him one of Eleven Colorado Business People to Watch. The Boulder Chamber of Commerce honored Dan with the 2010 Esprit Award. In 2009, Ernst & Young honored him as the Entrepreneur of the Year in the Rocky Mountain Region Emerging Company Category.
Dan is an active supporter of the University of Colorado at Boulder where he co-teaches Entrepreneurship and the Private Equity Process in the Leeds MBA Program. He is on the Entrepreneurship Initiative Advisory Board of Silicon Flatirons, a centre for law, technology and entrepreneurship at the University of Colorado, as well as a board member of StartUp Colorado. He is also actively involved in the University of Colorado College of Engineering and Applied Sciences as a frequent guest lecturer and supporter of the Engineering Management and Entrepreneurship program.