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Peter Rasmusson


Mr. Rasmusson has a broad background in both functional and executive leadership roles in companies in several industries including engineering R & D, computer equipment manufacturing, telecommunications operations, telecommunications consulting and real property development. He graduated from Iowa State University with high honors in Civil Engineering. Following graduation he practiced structural engineering at GA Technologies in San Diego, CA where he lead a team of structural engineers in the design and scale model testing of a shipping container for nuclear waste. Subsequently, he took a sales position with Digital Equipment Corporation in Landover, MD.

During his tenure at Martin Group and CHR Solutions, Rasmusson stabilized Martin Group’s Telecommunications Consulting and Engineering (TCE) operations following the mass departure of the entire top management and sales team. He built and managed a leadership team to maintain and develop a new client and employee base, rebuilt trust with staff, management and clients to ultimately enable the merger of Martin Group and CHR Solutions in 2009. He created 50% revenue growth from 2005 through 2009 at Martin Group. Prior to his departure in 2011, the Engineering Field Services (EFS) operations were on track for a year over year 40% / $15M revenue growth due to the success of the company in attracting new fiber construction management projects (Fiber-To-The-Home (FTTH) and regional fiber networks) awarded to clients as part of the Broadband Infrastructure program. In 2009 and 2010 CHR submitted 31 fiber construction grant applications for clients totaling $600 million of which 20 were awarded totaling $350 million in projects. The resulting revenue from engineering consulting activities on these projects totaled nearly $60 million during 2011-2013. Under his leadership during his ten year career at Martin Group / CHR, clients constructed over 50 FTTH projects ranging in size from $3 million to $100 million and three new statewide networks in Washington, New York and South Dakota. Additionally, his team developed, marketed and sold a new switch monitoring service in 2006 resulting in a new annual $300,000 revenue stream with greater than 100% profit margin. He also provided leadership to ILECs on regulatory and accounting activities.

During the strong growth period in 2010 and 2011, the EFS organization doubled in size and made numerous operational enhancements to enable the growth to be sustainable and profitable while meeting the clients’ expectations for on-time and on-budget project execution.

Rasmusson developed and delivered numerous technical presentations at state and national trade meetings from 2002 through 2011. During his tenure with Ollig Utilities he acted as spokesperson for the South Dakota Independent Telephone Coalition (SDITC) in front of the South Dakota Public Utilities Commission regarding current and future network deployment plans and expectations to deliver an advanced rural communications network.

In 2012, Rasmusson became part of a new adventure at FARR Technologies. Joining a team of incredibly experienced people to help build a new company focused on Clients and assisting them in building Tomorrows Networks Today.

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