Vonage appoints Mike Snyder as CEO and appoints founder and chairman Jeffrey Citron to new role as chairman and chief strategist

February 8, 2006

1 Min Read

HOLMDEL, N.J. -- Vonage Holdings Corp., a holding company whose entities include Vonage America, a leading provider of broadband phone service, today announced that its founder and Chairman of the Board, Jeffrey A. Citron, will assume a new role -- Chairman and Chief Strategist -- so that he can dedicate his time to focusing on moving the company into new product areas, technologies, growth opportunities, and employee culture. Vonage also announced today that Mike Snyder will become Chief Executive Officer of Vonage Holdings Corp., taking over the day-to-day operations of the various entities within the Vonage umbrella.

Mike Snyder comes to Vonage from ADT, part of Tyco Fire and Security, where he has held the title of president since 1997. During his tenure as president of ADT, Mr. Snyder grew the company to serve over 6 million customers in the US and Canada, increasing revenues over six-fold. He began his career there in 1977, having worked his way up through various sales, marketing and operational roles.

"Over the past 4 months, I have actively recruited Mike to take on the Chief Executive Officer role within Vonage's management team to run Vonage's day-to-day operations. Now with Mike onboard, I can get back to working on what I love: the go to market strategy for products, technical vision and core values of the company I founded over 5 years ago with 4 engineers and a folding table," said Vonage's Chairman and Chief Strategist Jeffrey A. Citron. "The board and I are very excited to welcome Mike to the Vonage team and we are very happy to make him part of our vision."

Vonage Holdings Corp. (NYSE: VG)

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