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Recognizing 100 CEOs & C-level Executives
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Matthew Tucker

Chief Executive Officer

Pegasus Technologies LLC

Location: Kennett Square, PA

Founded: 2003

Industry: Information Technology

Since the founding of Pegasus Technologies in 2003, Matthew Tucker has pursued the goal of achieving financial stability for the company, enabling him to share the company’s success with the entire staff. In October 2022, that vision became a reality as the company began distributing a portion of its profits to all staff members every quarter. “This innovative approach not only rewards the team financially but also instills a sense of ownership and pride in the company’s accomplishments,” the company said.

Under Tucker’s leadership, Pegasus Technologies has become a leading provider of managed IT services. “The company’s mission is centered on exceptional customer service and building lasting relationships to become its clients’ trusted internal IT department,” the firm said. “By taking the time to understand each client’s unique challenges and goals, the team at Pegasus Technologies creates tailored support strategies for each client,” the company said.

As part of the company’s 10-year plan, Tucker is actively setting ambitious goals for Pegasus Technologies’ growth and expansion. This includes tripling the gross revenue by 2033, opening a new location by the end of 2024 to expand the company’s reach and enhancing co-managed IT services to complement companies with existing internal IT staff.

In addition, Tucker is committed to mentoring and developing the Pegasus leadership team to ensure the company’s success continues well into the future.

“One of the most significant risks I undertook as a leader was investing in the development of Pegasus’ future leadership, even when the company’s financial situation may not have warranted it,” Tucker said. “By making a commitment to developing a leadership team at an early stage, both the company and I faced financial pressures. However, I firmly believed in the importance of assembling a team capable of scaling beyond the abilities of any individual, while also fostering career opportunities for present and future employees. I take great pride in sharing that years of dedication to this mission has been very successful. The current leadership in place is effectively steering the company’s trajectory and will undoubtedly continue to do so long after my departure.”

This is Tucker’s second appearance on the Titan 100 list.

“(It) has undoubtedly been one of the most prestigious honors I’ve attained during my tenure as the CEO of Pegasus Technologies,” Tucker said. “It’s an incredibly humbling experience to have my name included among such exceptional individuals. The benefits of this recognition extend far beyond the public accolades; it has afforded me the chance to connect and forge lasting relationships with some of the most prominent business leaders in our region.”

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Receiving the TITAN 100 award has undoubtedly been one of the most prestigious honors I’ve attained during my tenure as the CEO of Pegasus Technologies. It’s an incredibly humbling experience to have my name included among such exceptional individuals. The benefits of this recognition extend far beyond the public accolades; it has afforded me the chance to connect and forge lasting relationships with some of the most prominent business leaders in our region. I’m immensely grateful to the TITAN 100 for granting me this opportunity, and it’s a distinction that I’ll always hold dear.

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