ACACIA RESEARCH CORP (ACTG)
Sector: Financials
Sector: Financials
ACACIA RESEARCH CORP - Executive Compensation
Chief Financial Officer
Executive Compensation
Michael Zambito serves as Chief Financial Officer of Acacia Research Corporation, a leading player in intellectual property licensing and monetization. With over 25 years of experience in finance and accounting, Zambito has built a distinguished career focused on public companies in the technology and IP sectors. A Certified Public Accountant (CPA) licensed in California, he began his professional journey at Deloitte & Touche, where he honed his expertise in audit and advisory services for high-growth tech firms, before advancing into senior financial leadership roles. Prior to joining Acacia in 2020, Zambito held pivotal positions including CFO of VirnetX Holding Corporation from 2018 to 2020, where he spearheaded financial operations amid high-stakes patent litigation and enforcement activities, ensuring robust SEC compliance and capital management. He also served as Vice President of Finance at American High-Speed Internet and Senior Vice President of Finance at NetElement International, driving financial strategies that supported business expansion, mergers, and operational efficiencies. His achievements include optimizing cash flows in volatile markets and facilitating successful capital raises totaling over $100 million across his tenures. At Acacia Research, Zambito oversees all financial functions, including strategic planning, investor relations, treasury management, and reporting. Under his leadership, the company has strengthened its balance sheet, enhanced liquidity for IP portfolio investments, and delivered consistent financial performance amid evolving market dynamics in the IP licensing landscape. Zambito's strategic acumen continues to position Acacia for sustained growth and value creation for shareholders.