Ribbon Communications Inc. (NASDAQ: RBBN), a cloud communications software company set to enter the optical space via its agreement to buy ECI Telecom (see "Ribbon Communications to acquire ECI Telecom"), has beefed up its management roster. The company named former ARRIS head Bruce McClelland as president, CEO, and a director, effective “on or around” March 1, 2020. Ribbon also added Stewart Ewing and Krish Prabhu to its board, effective in the same timeframe.
"The Board is excited to appoint Bruce as the new president and CEO of Ribbon,” stated Richard Lynch, chairman of Ribbon’s board of directors. “He is a technical business leader with a proven history of developing and growing sustainable, diversified, and profitable businesses through multiple technology and business cycles. We believe Bruce is the right person to lead Ribbon forward into our next chapter as a combined company with ECI Telecom Group Ltd."
"I am honored to lead the Ribbon team during this exciting time in the company's history with the transformational merger with ECI on the near-term horizon. I look forward to bringing my knowledge and expertise to the combined company, working closely with the Ribbon Board and executive management team to create a premier workplace and winning culture for our employees while driving long-term value for our customers and stockholders," said McClelland.
Joining McClelland on the board will be Ewing and Prabhu. Ewing most recently served as executive vice president and CFO of CenturyLink, Inc. Prabhu is a former CTO and president of AT&T Labs. He also served as president and CEO of Tellabs and COO and CEO of Alcatel USA, as well as holding other senior positions at technology companies and financial firms.
"Stewart and Krish have remarkable backgrounds with significant depth of knowledge and we are thrilled to welcome them to our team," Lynch. "Stewart has nearly three decades of financial leadership in the telecommunications sector, and Krish brings a strong technical background with deep industry expertise. We believe their appointments further enhance our board's strength to create long-term value for our stockholders."
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