Steve Mihaylo

Steve Mihaylo is the Executive Chairman and CEO of Crexendo, Inc., a provider of Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS) solutions.3 He founded Inter-Tel, Inc. in 1969, which he grew to nearly $500 million in annual revenue before selling it for approximately $750 million in 2007.4 Mihaylo has a long history in the telecommunications industry, with expertise in business telephone systems and managed services.14

Key points about Steve Mihaylo:

1. Education: He earned a Bachelor of Arts in Business Administration with a focus on Accounting & Finance from California State University - Fullerton in 1969.4

2. Career highlights:

   • Founder and former CEO of Inter-Tel, Inc. (1969-2007)24
   • Appointed CEO of Crexendo in 20084
   • Executive Chairman at Crexendo, Inc. since 20232

3. Philanthropy: Mihaylo is involved in various charitable activities, focusing on education and youth development. He established the Steve Mihaylo & Lois Mihaylo Foundation, which has granted millions of dollars to programs supporting children and communities.5

4. Board memberships: He has served on boards of numerous organizations, including the Arizona Heart Foundation, Junior Achievement of Arizona, and the Arizona State University College of Business Dean's Council of 100.4

5. Net worth: As of October 30, 2024, his net worth was estimated at $62 million.2

Mihaylo's leadership at Crexendo has contributed to the company's growth as a provider of cloud communications solutions for businesses.3