Westell Technologies announces departure of chief executive officer

July 8, 2008

1 Min Read

AURORA, Ill. -- Westell Technologies, Inc. (NASDAQ: WSTL - News), a leading provider of broadband products, gateways and conferencing services, today announced that Thomas E. Mader has resigned as Chief Executive Officer, President and Director of the Company.

Bernard F. Sergesketter, a former director of the Company, has been named Interim Chief Executive Officer until the Company identifies a permanent successor to Mr. Mader. Mr. Sergesketter served as a director of Westell from 2000 through his retirement from the Board in September 2007. Prior to that time, Mr. Sergesketter served as a director of Teltrend Inc. from 1996 through 2000 when Teltrend was acquired by Westell. Additionally, Mr. Sergesketter maintained an illustrious 35-year career with AT&T, and served as an officer of AT&T for 18 years when the company transitioned from an internally focused domestic monopoly to an aggressive global competitor.

"Westell appreciates the leadership Tom provided in product development and manufacturing cost reductions,” stated John W. Seazholtz, Chairman of the Board. “We are pleased that a veteran of the telecommunications industry such as Bernie has agreed to assume the role of interim CEO as the Company conducts its search for the individual to lead the next phase of growth at Westell."

Westell Technologies Inc. (Nasdaq: WSTL)

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