SAN JOSE, Calif., April 21, 2015 /PRNewswire/
-- Extreme Networks, Inc. (Nasdaq: EXTR), a leader in
high performance networking, today announced that it has appointed
Board Chairman Ed Meyercord as its
President and Chief Executive Officer effective April 19, 2015. Mr. Meyercord will be
replacing Chuck Berger, who has
resigned from his position and from the Board of Directors of
Extreme Networks effective April 19,
2015.
"Mr. Berger has played a critical role at an important time in
Extreme Networks' history. Among his many contributions, he
was instrumental in completing the Enterasys acquisition and
recruited a world-class executive leadership team," said Mr.
John Shoemaker, Chairman of the
Corporate Governance and Nominations Committee of the Board.
"The Extreme Networks board is grateful for all that Chuck has
accomplished over the past two years and wishes him well in his
future endeavors."
Having served on the Extreme Networks' board for over five years
as an independent director, Mr. Meyercord brings a deep knowledge
of the company and commitment to Extreme customers and
employees. "I am extremely excited about the
opportunities for the Company and believe that the quality of
Extreme's highly talented team, impressive technology and large
base of loyal customers can generate future growth and
profitability," stated Meyercord.
Mr. Meyercord has a successful track record of driving customer
focused cultures and taking market share from large incumbents in
highly competitive industries. He will remain active
supporting the leadership team at Critical Alert Systems, a high
growth healthcare IT company, where he is a significant
investor.
As a reminder, Extreme will release and discuss its final
results for the third quarter ending March
31, 2015 and guidance for the fourth quarter, on
May 6, 2015, in a press release
followed by conference call at 5:00 p.m.
ET. The toll-free dial in phone number is 877-303-9826
and the dial in number from an international location is
224-357-2194; the call ID is 20788580. A live webcast of the
earnings conference call will be made available after the
conference call on the Extreme Investor Relations website at
http://investor.extremenetworks.com/. The conference call and
webcast will include forward-looking information.
Extreme Networks remains committed to the separation of the
Chair of the Board and CEO roles at the Company and believes that
such separation increases the board's independence from management
and thus leads to better monitoring and oversight.
Accordingly, the Board will seek to name a new Chair in due
course.
About Extreme Networks
Extreme Networks,
Inc. (NASDAQ: EXTR) is setting a new standard for superior
customer experience by delivering network-powered innovation and
market leading service and support. The company delivers
high-performance switching and routing products for data center and
core-to-edge networks, wired/wireless LAN access, and unified
network management and control. Our award-winning solutions include
software-defined networking (SDN), cloud and high-density Wi-Fi,
BYOD and enterprise mobility, identity access management and
security. Headquartered in San Jose, CA, Extreme
Networks has more than 14,000 customers in over 80 countries.
For more information, visit the company's website
at http://www.extremenetworks.com.
Extreme Networks and the Extreme Networks logo
are either trademarks or registered trademarks of Extreme
Networks, Inc. in the United States and/or other
countries. All other names are the property of their respective
owners.
Except for the historical information contained herein, the
matters set forth in this press release, including without
limitation statements as to the features, performance, and benefits
of Extreme Networks products, are forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements speak only as of the date. Because such
statements deal with future events, they are subject to risks and
uncertainties, including network design and actual results of use
of the product in different environments. We undertake no
obligation to update the forward-looking information in this
release. Other important factors that could cause actual results to
differ materially are contained in the Company's 10-Qs and 10-Ks
that are on file with the Securities and Exchange
Commission. http://www.sec.gov.
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SOURCE Extreme Networks, Inc.