Steve Gray

Technology & Business Services
Telecom & Media
Business Segment
Corporate Private Equity
Asset Class

Stephen C. Gray is an Operating Executive focusing on the technology, media and telecommunications sectors. Mr.Gray is based in Iowa.

Mr. Gray is the Founder of Gray Venture Partners, LLC. He currently serves as the Chairman of SecurityCoverage, Inc., Involta, LLC, and HH Ventures, LLC (d/b/a, ReadyWireless) and is the Vice Chairman of ImOn Communications, LLC. He is also a member of the Board of Directors for CommScope and Syniverse Technologies, both since January 2011.

Mr. Gray also served as the President and Chief Executive Officer at Syniverse from 2014 until 2018. He previously served as an Operating Executive with The Carlyle Group’s Global Technology, Media and Telecommunications Group which acquired Syniverse and CommScope in January 2011.

Mr. Gray served as President of McLeodUSA Incorporated from April 1992 until December 2004. Prior to joining McLeodUSA, Mr. Gray served from 1990 to 1992 as Vice President of Business Services at MCI and before that, from 1988 to 1990, he served as Senior Vice President of National Accounts and Carrier Services for TelecomUSA. During his tenure with TelecomUSA, the company grew to become the fourth largest long-distance company in the United States before it was acquired by MCI in 1990.

Mr. Gray began his career with the Clayton W. Williams Companies in Texas in 1981 where he held management positions with several of their companies including ClayDesta Communications Inc. ClayDesta became a provider of long-distance service in Texas and throughout the Southwest following the consent decree requiring the breakup of AT&T.

In 2014, 2015, and 2016 he was recognized for his leadership in telecommunications and technology by being named a member of the prestigious Global Telecoms Business Power 100 list and appointed to the CTIA-The Wireless Association's executive committee.

Mr. Gray earned his B.B.A. from the University of Tennessee.