Steve Lapekas

Executive Vice President, Corporate Business Development

Stephen “Steve” J. Lapekas is the executive vice president, corporate business development for Pegasus Solutions, where he assumes a lead role in managing complex and significant business development and product positioning initiatives.

During Lapekas’ tenure, in which he has also served as chief technology officer (CTO), Pegasus has gone through multiple information technology (IT) transformations, most notably new cost-efficient technologies such as data center automation and multi-core processing. In October 2010, Lapekas played the primary role in Pegasus’ largest licensing transaction in the company’s history with HP to leverage Pegasus technology for next generation airline and hospitality solutions. He was also a member of an IT leadership team recognized with the CIO 100, InformationWeek 500 and InfoWorld Top 100.

Prior to Pegasus, Lapekas served as the vice president of client services and practice director of Entessa’s Automation Integration practice. After leaving EDS in December 2003, Lapekas and Entessa, leveraging industry and technical expertise, established an industry first Automation Integration practice. The practice consulted and integrated industry best data center automation software throughout North America, Asia-Pacific (ASPAC) and Europe, the Middle East and Africa (EMEA).

While at EDS, Lapekas served as the client executive and business administrator of the Loudcloud Managed Hosting Business acquisition ($63.5 million). Responsibilities included managing the transition as well as the profit and loss ($45 million) of 45 clients that included USAToday.com, News Corp, Nike, Blockbuster, Fandango, Adidas and Brocade Communications. Additional responsibilities included the Business Operations and Project Management Office of the Web and Application Hosting Service Offerings.

Prior to the Loudcloud acquisition, Lapekas was the global service executive of Web hosting and enterprise application hosting within the EDS Hosting Services group and Operations Solutions. He and his group were responsible for the profitability, planning, directing and developing of the overall portfolio strategy for the Web and Application Hosting Service Offerings.

Lapekas joined EDS in 2000 as a member of the Marketing and Portfolio Management organization to evaluate and manage new technologies in the Web hosting offering. He became the global offering manager of Web hosting in 2001, the same year EDS Web Hosting received Network Computing’s Editor’s Choice Award. In early 2002, the offering was also named a market leader in Business 2.0’s “Who’s Who of E-Business.”

Before joining EDS, Lapekas served as a product manager for Global One Communications in the Internet Application Services organization. He transitioned to Global One from Perot Systems, where he held various positions working for accounts such as National Rental Car and PSINet. Lapekas also spent five years of active military duty as an officer in the US Army, Field Artillery. During this time, he served in multiple leadership positions while attaining the rank of Captain. His military qualifications include Airborne, Air Assault and the coveted Ranger tab.

Lapekas received a Bachelor of Science in general engineering from the United States Military Academy, West Point, New York. He was also a three-year letter winner on the varsity baseball team.

In his spare time, he enjoys watching and participating in all sports. Lapekas lives in McKinney, Texas, with his wife, Tracey, and sons Reid and Ty. He is based in Pegasus’ Dallas office.