![Mark Carano](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Mark Carano
Director of Finance/CFO at
SPX TECHNOLOGIES, INC.
Net worth: 3 M $ as of 2026-08-30
Profile
Mr. Mark A. Carano is an Independent Director at Franklin Electric Co., Inc., a Chief Financial Officer, Treasurer & VP at SPX Technologies, Inc. and a Vice President at ELXSI Corp.
He is on the Board of Directors at Franklin Electric Co., Inc. Mr. Carano was previously employed as a Chief Financial Officer, Treasurer & Senior VP by Insteel Industries, Inc., a Chief Financial Officer by Big River Steel LLC, a Chief Corporate Development Officer & Senior VP by BWX Technologies, Inc., a Senior VP-Industrial & Corporate Development by Babcock & Wilcox Enterprises, Inc., a Managing Director-Investment Banking by Merrill Lynch, Pierce, Fenner & Smith, Inc., a Managing Director-Investment Banking by Deutsche Bank AG, and a Managing Director-Investment Banking by Wachovia Securities LLC.
He received his undergraduate degree from Vanderbilt University and an MBA from Kellogg School of Management.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-03-15 | 17,557 ( 0.04% ) | 3 M $ | 2026-08-30 | |
| 2026-08-19 | 0 ( -.--% ) | - $ | 2026-08-30 |
Mark Carano active positions
| Companies | Position | Start |
|---|---|---|
| SPX TECHNOLOGIES, INC. | Director of Finance/CFO | 2023-01-02 |
| ELXSI CORPORATION | Corporate Officer/Principal | - |
| FRANKLIN ELECTRIC CO., INC. | Director/Board Member | 2025-05-06 |
Former positions of Mark Carano
| Companies | Position | End |
|---|---|---|
| INSTEEL INDUSTRIES INC. | Director of Finance/CFO | 2022-12-29 |
Big River Steel LLC
 Big River Steel LLC SteelNon-Energy Minerals Manufactures steel products | Director of Finance/CFO | 2020-05-17 |
| BABCOCK & WILCOX ENTERPRISES, INC. | Corporate Officer/Principal | 2018-10-14 |
Merrill Lynch, Pierce, Fenner & Smith, Inc.
 Merrill Lynch, Pierce, Fenner & Smith, Inc. Investment Banks/BrokersFinance Provides brokerage services | Corporate Officer/Principal | 2012-12-31 |
| DEUTSCHE BANK AG | Corporate Officer/Principal | 2005-12-31 |
Training of Mark Carano
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
97
1st degree connections
12
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 12 |
|---|---|
ELXSI Corp.
 ELXSI Corp. RestaurantsConsumer Services Owns and operates restaurants and hospitality | Consumer Services |
Franklin Electric Co., Inc.
 Franklin Electric Co., Inc. Industrial MachineryProducer Manufacturing Designs, manufactures and distributes water & fuel pumping systems | Producer Manufacturing |
Insteel Industries, Inc.
 Insteel Industries, Inc. Metal FabricationProducer Manufacturing Manufactures and markets steel wire reinforcing products for concrete construction applications | Producer Manufacturing |
Deutsche Bank AG
 Deutsche Bank AG Investment Banks/BrokersFinance Provides investment and corporate banking & asset management services | Finance |
Babcock & Wilcox Enterprises, Inc.
 Babcock & Wilcox Enterprises, Inc. Electronic Equipment/InstrumentsElectronic Technology Engages in power generation business | Electronic Technology |
Wachovia Securities LLC
 Wachovia Securities LLC Investment Banks/BrokersFinance Provides brokerage services | Finance |
Vanderbilt University
 Vanderbilt University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
BWX Technologies, Inc.
 BWX Technologies, Inc. Aerospace & DefenseElectronic Technology Manufactures and supplies nuclear reactor components for submarines and aircraft carriers | Electronic Technology |
Merrill Lynch, Pierce, Fenner & Smith, Inc.
Merrill Lynch, Pierce, Fenner & Smith, Inc. Investment Banks/BrokersFinance Provides brokerage services | Finance |
Kellogg School of Management
 Kellogg School of Management Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Big River Steel LLC
Big River Steel LLC SteelNon-Energy Minerals Manufactures steel products | Non-Energy Minerals |
SPX Technologies, Inc.
 SPX Technologies, Inc. Building ProductsProducer Manufacturing Manufactures and distributes industrial components | Producer Manufacturing |
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