MONMOUTH COUNTY, N.J. and TOKYO -- OpNext, Inc., Hitachi Ltd.'s (NYSE: HIT - news) Fiber Optic Components Business Unit spin-off, announced today that its Board of Directors named Harry L. Bosco as President and Chief Executive Officer. The company's Board of Director's also named industry veterans Dr. Minoru Maeda as Chief Operating Officer, and Chris Lin as Senior Vice President, Global Sales and Marketing.
"We are extremely excited to have Harry as OpNext's leader. Harry's keen insight and vision of the direction of communications technology, coupled with the company's state of the art product line of laser diodes, transmitters and receivers, will position us very competitively moving forward," said Mr. Masaaki Hayashi, Chairman of OpNext and President and Chief Executive Officer of Hitachi's Telecommunication & Information Infrastructure Systems Group. "His strong expertise and compelling track record solidified Lucent's position as an industry innovator. Under Harry's leadership, our customers, the network system providers, will be given the best, customized next generation optical equipment that will meet their future needs. Harry's twenty-year relationship with Hitachi as a customer of its components business will be integral to his direct role as CEO in facilitating OpNext's plans for progress and development."
http://www.opnext.com