Tellabs Names New CFO
Tellabs names Timothy Wiggins, former executive VP and CFO at Chicago Bridge and Iron Company, as chief financial officer
March 25, 2003
NAPERVILLE, Ill. -- Tellabs (Nasdaq: TLAB - News) today named Timothy J. Wiggins as executive vice president and chief financial officer (CFO), effective March 31. Wiggins, 46, will be responsible for all of Tellabs' global finance operations, including finance, accounting, treasury, audit, financial planning, risk management, tax and investor relations. He also will oversee Tellabs' global information systems organization. He will report to Michael J. Birck, Tellabs chairman and chief executive officer (CEO). "Tim brings to Tellabs strong financial management and strategic planning skills within publicly held global engineering and manufacturing firms," Birck said. "He has successfully led companies through challenging economic environments and will help guide Tellabs along our path to profitability." Prior to joining Tellabs, Wiggins was executive vice president and CFO at Chicago Bridge and Iron Company N.V. Wiggins also has served as executive vice president of finance for Fruehauf Trailer Corporation, one of the world's leading truck trailer manufacturers. Prior to that, Wiggins was CEO of Autodie Corporation, a publicly held manufacturer of large-scale stamping dies. Wiggins started his career at international accounting and consulting firm Deloitte Haskins & Sells (predecessor to Deloitte & Touche). Wiggins succeeds Joan Ryan, who resigned in February to accept the CFO position at Sirva, Inc. Tellabs Inc.
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