October 28, 2019
Power 50 2019: No. 9 Ross Silverstein, iPROMOTEu
Welcome to the 2019 Power 50 list, which ranks the most influential people in the industry.
#9 Ross Silverstein, iPROMOTEu (asi/232119)
2018 Rank: 9
Title: President/CEO
Industry Experience: 20 years
Growing his MA-based business nearly 14% in 2018 to $198 million, Silverstein sold a portion of his company last year to Align Capital Partners, a move designed to provide iPROMOTEu – the #11 distributorship on the Top 40 list – with growth capital allowing it to accelerate investment in initiatives such as technology, strengthen recruiting efforts, streamline internal operations and fund acquisitions. For someone who’s maintained tight control over the company he founded more than 20 years ago, Power 50 peers point to the enigmatic Silverstein’s unconventional strategies that make him interesting to watch as an industry leader.
“When making a decision, I think of Jack Welch, the iconic former chairman of General Electric: ‘Evaluate the information available to you, then go with your gut.’” Ross Silverstein, iPROMOTEu