Joe DiLorenzo is an experienced executive who has held multiple C-suite positions as well as senior consulting roles in many industries. He has extensive experience in many facets of sports and most known as Senior Vice President of Administration, as well as CFO, of the Boston Celtics, where he, and the owner’s consultant led professional sports first-ever IPO with the Celtics and acquiring and later taking public radio station WEEI and Fox TV 25. For the communications company, he had oversight of the construction of the current TV station in Dedham, MA, and helped negotiate the radio broadcasting rights for WEEI with the Boston Bruins. The TV station was later sold back to Fox for a $100 million profit.
He also came up with the concept, negotiated and constructed the Celtic’s world-class training facility at no cost, in exchange for official status as team hospital from New England Baptist Hospital. As part of that arrangement, he negotiated naming rights for the training facility, which had never been done before and was later sold for approximately $8 million to The Sports Authority.
Prior to the Celtics, he was a department head of the Boston Garden/Boston Bruins Organization with roles including Managing Director of the Box Office, including outsourced to manage ticket sales and ticket takers at the United States Pro Tennis Championship at Longwood Cricket Club in Brookline, MA. As a young adult worked throughout high school and college in concession sales where he was elected Union Steward and negotiated two, 3-year Collective Bargaining Agreements versus the past and current owners of the Boston Garden and the Boston Bruins respectively, for approximately 150 employees and later responsible for nightly cash collections compared to inventory for the entire Concession Department of Boston Garden.
He left the Celtics and became VP of Strategic Alliances and later CFO of Jenzabar, Inc., a higher-ed company that provides the back-end technology to approximately 1,000 colleges and universities. He then co-founded MD Group with former Commonwealth of Massachusetts State Treasurer Joe Malone. MD Group is a multi-industry business advisory firm focused on improving operating and financial processes, strategy positioning, branding and business development including helping entities prepare for its next stage of growth.
He later took a hiatus and was President and Chief Operating Officer of Plymouth Rock Studios and only local partner and part of the
senior executive team with the former CEOs of
Paramount, Disney and Touchtone Picture Group,
Paramount Studios, and
a major California developer to build an entertainment and technology campus in Plymouth, MA.
He was co-founder and an initial minority owner of Maine’s National Basketball Association Development League team, the Red Claws, whose affiliation is the NBA’s Boston Celtics, and formerly the Philadelphia 76ers and Charlotte Bobcats
He was also Chairman of the Board of Advisors and later Executive Vice President of Business Development and then Chief Strategic Officer for
Hotbox Sports, a technology company that developed a multi-patented B2B internet-based platform for
fantasy sports.
As part of his consulting, he acted as Chief Strategist for Dallas-based
MVR Sports, a 2017 Top Sports Innovation award winning, sports-analytics focused technology company that uses mathematically and psychometrically validated tests to determine a player's visual spatial cognitive abilities and level of self-monitoring. Self-monitoring strongly predicts organizational commitment, leadership, and individual performance in strength, speed, and coordination. It determines a athlete’s visual spatial intelligence—the ability to visualize objects and patterns in space and predict how those patterns will adjust. High visual spatial intelligence predicts scoring, defensive success, and other measures of game success.
He also acted as senior advisor for Chicago-based
Club 9 Sports, that advises, operates, and consults in the sports industry. Specifically, the firm focuses on sports teams, media, venues and transaction generation. While working with Club 9, along with CEO of Dundee United Football Club in Scotland, he partnered start CT United, the Connecticut-based franchise of the National Independence Soccer Association (NISA). CT United was expected to start in 2020, when COVID hit.
Mr. DiLorenzo graduated from Bentley University with a BS degree in Accountancy and a Minor in Education. He serves on the board of the Bentley Executive Club, and served many years as a Director, Officer or President of the Bentley University Alumni Association.
Mr. DiLorenzo has served in many volunteer leadership roles including Chairman of the Board and honorary life-member of the Financial Executives International (FEI), the world’s largest organization of senior financial executives. At FEI he also was proponent and served as
initial National Chairman of the Diversity Committee; member of the Organizational Alignment and Governance Task Force; Chair of the FEI Hall of Fame Selection Advisory Council; member of the Board of the Financial Executives Research Foundation; board member FEI Canada; and President of the FEI Boston Chapter, where he still serves on the Membership, Nominating, Program and Partner Committees, respectively.
In addition, he serves as Treasurer and Chair of the Finance and Investment Committee of the Freedom Trail Foundation; a board member of the Friends of the Boston Police; past-President (and current board member) of Community Work Services; an executive committee member of Salvation Army’s Greater Boston Advisory Board and Chair of its Nominating Committee; former trustee and current member of the Audit Committee and Board of Overseers for the Franciscan Children's Hospital; a board member of the Massachusetts Chamber of Commerce and a mentor with Conexión.
He served as President and is an active member of the Treasurer's Club of Boston. For many years he was a Corporator/Board of Visitors at New England Baptist Hospital; a member of the Board of Overseers, Audit Committee, and Development and Human Resources Committee of the Beth Israel Deaconess Medical Center; Vice President and/or Director of the Downtown North Association; Massachusetts Chapter Vice-Chairman of the Newcomen Society of the United States; a member of the Massachusetts State Committee of the President’s “America Goes Back to School” program.
Mr. DiLorenzo has received numerous awards and honors for his community service roles. These include:
Boston Business Journal's F. Gorham Brigham Jr. Lifetime Achievement Award; the Commonwealth of Massachusetts Governor's Citation; the Commonwealth of Massachusetts Senate Citation; Omicron Delta Epsilon, International Honor Society in Economics - Massachusetts Chapter recognition; the Downtown North Organizational Leadership Award; the Downtown North Community Leadership Award; the Franciscan Hospital for Children Certificate of Appreciation; the Financial Executives International Chairman's Medal and Honorary Life Member; and the Kids for Life Biggest Big Kid Award. He is also founder of
"Diversity/Inclusion, Leadership and Personal Development", a Linked In Interest Group with 5,000 followers.