Michael Mazer
President

Michael Mazer has over 15 years of investment banking experience in the telecommunications field. Since 1993, he has personally handled more transactions for owners of minority cellular interests and privately owned local exchange carriers than anyone else in the field.

Before launching Mazer Telecom Advisors, Michael was Senior Vice President of Falkenberg Capital Corporation, where he directed the company's investment banking efforts in the independent telephone company industry.

Prior to that, Mazer held a variety of management posts in media, marketing and financial management, including:

Advertising Finance Manager at TIME Magazine, responsible for managing operating budgets for sales, marketing, promotion and public affairs divisions of TIME.

Finance Manager in Group Advertising Sales, TIME, Inc. Magazine Company, responsible for all financial aspects of company-wide advertising sales discount programs.

Financial Manager at SAMI/Burke, Inc. (a consumer product marketing company), consulting with senior management to develop corporate pricing strategies for new and existing services.

Senior Compensation Analyst at Home Box Office, Inc, supervising and coordinating professional staff of compensation analysts and system support personnel.

Senior Analyst in the Public Finance Department at The First Boston Corporation, providing investment banking services to state and local governments by raising capital through the issuance of tax-exempt securities.

Michael graduated from Yale University in 1978 with a BA degree in Administrative Science.

Paul Lit
Vice President

Paul Lit has several years of experience managing acquisitions and divestitures in the telecommunications industry.

Before joining Mazer Telecom Advisors, Paul was with Qwest and U S WEST for nine years. He is familiar with all aspects of the local exchange business from his experience as Executive Director of Corporate Development where he managed the sale of nearly $2 billion of telephone exchanges from strategy and property evaluation through auction, contract negotiations, due diligence and closing. Other functions Paul managed for this RBOC include internal audit, revenue assurance and program management for systems installation.

Paul has also held a variety of management positions in finance, manufacturing and management consulting including:

CFO for VNA of Colorado, a healthcare services provider, Osmotics Corporation, a manufacturer of cosmetics and pharmaceuticals, and Ecopac, a venture funded developer of non-aerosol spray containers, where he managed financial restructuring, installation of controls and fundraising.

Assistant to the President of Tate & Lyle N.A., responsible for business development and M&A, including the acquisition of the Great Western Sugar Company out of bankruptcy, subsequent due diligence and start up. As VP for Western Sugar, managed the ongoing strategy, distribution and purchasing.

VP of Operations for Selvac, a developer and manufacturer of personal care appliances, and Production Supervisor / Mill Trainer for Johnson and Johnson.

Management Consultant for Cresap, McCormick and Paget (now part of Towers Perrin), specializing in process improvement for companies in the airline, construction and petroleum industries.

Paul graduated in 1973 from Drexel University with a BSBA degree and the Wharton School of the University of Pennsylvania with an MBA degree in Finance in 1978.