FOX INFORMATION TECHNOLOGY INNOVATOR AWARD
Paul Russell is Chairman and Co-founder of Fiberlink Communications Corporation. Since co-founding the company in 1991, Paul has been instrumental in creating the company’s vision, building a topnotch management team and securing the funding that has enabled Fiberlink to become a leading provider of managed Internet-based virtual private networks.
Most recently, Fiberlink received financing of $50 million from Technology Crossover Ventures. Paul is a successful entrepreneur with a track record of growing companies by recognizing and acting on opportunities in the marketplace. He picks strong, driven management teams with an eye on revenue growth.
Before co-founding Fiberlink with James Sheward, Paul owned Active Amusement Distributors, a distributor of coin-operated amusement and vending equipment. After tripling the company’s revenues over 5 years he sold the company in 1989 for $8,000,000.
He also owns Russell Associates, Inc., a company that imports safety products from Europe and distributes them throughout the world. Over the years he has invested his profits wisely by developing several commercial and residential real estate projects throughout the Greater Philadelphia region.
Paul graduated summa cum laude from Temple University.