Steve Melchiorre is the CEO of Stratosphere Networks. A serial entrepreneur, Steve founded his first company while he was in high school, and his second company, which he established in college, grew to have more than 200 repeat clients. He earned a bachelor's degree in economics and business from Westmont College in Santa Barbara, California.
In 2002, he started working for a company that sold Avaya telecommunications solutions. As a top performer, Steve became part of the company's president's club and won a trip to Las Vegas. Through his telecom work, he met Kevin Rubin (the current president and CIO of Stratosphere Networks), and they founded their first business together in 2003.
In their first year in business, Steve and Kevin turned zero revenue into $116,000. Since then, they've taken off and achieved significant levels of growth: In 2020, revenue reached $9.5 million. Their rapidly expanding company received recognition from Inc. Magazine with rankings on the annual Inc. 5000 list in the following years:
- 2012 (Rank No. 2,088; 125 percent growth rate)
- 2013 (Rank No. 2,125; 175 percent growth rate)
- 2014 (Rank No. 2,548; 148 percent growth rate)
- 2015 (Rank No. 3,893; 77 percent growth rate)
In 2010, Steve and Kevin decided to increase infrastructure investments. They built a state-of-the-art Network Operations Center (NOC) and Security Operations Center (SOC) in Evanston that uses the latest technologies, diagnostic tools, and monitoring solutions to provide proactive support and cutting-edge cybersecurity services and solutions. To better serve clients in the healthcare industry, the company also became HIPAA compliant in 2018.
Stratosphere is the only IT provider in Chicago to be named one of Crain's Best Places to Work for six out of the past seven years. The company is also dedicated to giving back to the community. Steve serves as a member of the Board of Trustees for Lawrence Hall, a social services organization that provides high-quality care for abused and neglected young people and their families in the Chicago metropolitan area.
Additionally, Stratosphere Networks supports the International Justice Mission and St. Jude's Children's Research Hospital with monthly donations. Stratosphere also has a corporate policy that encourages staff members to give back by providing them with two additional paid days off for the purpose of participating in volunteer work. The company also runs a Choose Your Charity program, under which team members can pick a charity they would like Stratosphere to donate to on their behalf.
Commitment to Leadership
Global Leadership Summit 2015-Present
Lake Forest Graduate School of Management Workshops: Self-Awareness & Managing Self 2017
Elevate Performance Solutions Workshops: Communication and Coaching; Delegating with Accountability 2018
Cloud Advisory Board 2017-Present
Multiple members of the Stratosphere leadership team have completed this exclusive program for advancing professionals.