The company’s former Chief Financial Officer will unify management and corporate strategy in new role.
PHILADELPHIA – FEBRUARY 9, 2023 –
The MCS Group, Inc, a national leader in eDiscovery, management services, and litigation support services, appointed Frank Altamuro, III as president. Altamuro, the company’s former chief financial officer, will assume the responsibilities that co-founders Rosemary Gould Esposito and David J. Bean, Sr. shared since MCS was founded in 1979. In his new role, Altamuro will set corporate strategy for MCS, while overseeing the three MCS business units.
“Frank’s leadership as CFO during times of uncertainty made it clear that he has the expertise and instincts that we see as integral for this position,” says Rosemary Gould Esposito.
Altamuro joined MCS in 2017 as an accounting manager and quickly advanced to director of finance and human resources. In addition to managing day-to-day department operations, Altamuro streamlined corporate procedures and adopted new technologies that enhanced back-office speed and accuracy.
“My professional focus is driving corporate strategy within a culture of servant leadership,” says Altamuro. “With that mindset, I see MCS investing in advanced technologies in each business unit to provide an innovative customer experience. We will also enhance market awareness strategies and launch new programs to invest more in our people and improve the employee experience.”
In July 2020, MCS promoted Altamuro to chief financial officer. During his tenure, Altamuro oversaw the integration of company platforms with advanced HRIS systems. Altamuro implemented and managed COVID-19 protocols across the corporation and, with the help of his leadership team, successfully transitioned workplace operations from in-house to remote. Throughout the pandemic, Altamuro maintained a stabilized corporate financial position.
Noting Altamuro’s promotion, David J. Bean, Sr., added, “His impartial management style and innovative foresight will ensure robust business growth in the coming years.”
Outside the office, Altamuro has been actively supportive of his alma mater, Neumann University. He created the Francesca Altamuro Endowed Fund, a scholarship bestowed annually to nursing students at Neumann in good academic standing who model servant leadership. Altamuro mentors students as an alumni member of Neumann’s Honors Program and was awarded a 2021 Young Alumni Achievement Award given to young alumni for outstanding professional achievements while upholding Neumann University values and its mission.
The MCS Group, Inc., a certified Women’s Business Enterprise, is a nationally recognized provider of outsourced services. For more than four decades, MCS has served law firms, insurance companies, corporations, government agencies, and educational institutions with cutting edge technology and a comprehensive breadth of services including eDiscovery, management services, reprographics, court reporting and record retrieval.