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Brightstar Names New Finance Chief

Miami – Mobile distribution giant Brightstar has hired J.P. Morgan veteran Reza Taleghani as chief financial officer.

He succeeds Vincent Donargo, who will manage the company’s ongoing transformation of its finance organization as executive VP/financial operations and transformation.  Donargo will also work to expand global implementation of shared services and oversee indirect procurement.

Brightstar, a global leader in mobile products, services and technology, said the organizational changes will allow for greater focus on worldwide expansion. Last year the company added nearly 4,000 employees, launched new services, and increased net revenue by $3 billion, to over $10 billion, as a result of its global push.

In his new role, Taleghani will assume overall leadership for Brightstar’s global finance function, including responsibility for financial planning, treasury, accounting, tax, financial reporting, and internal audit functions, reporting directly to recently appointed CEO Jaymin Patel.

He previously spend 17 years at J.P. Morgan, where he held leadership roles in several of the firm’s divisions, with a career spanning investment banking, commercial banking, and asset management.

BrightStar is a subsidiary of SoftBank, which is also a majority owner of U.S. mobile carrier Sprint.