Sheehan: Overture & Out
Two top executives that formerly led Hatteras Networks Inc. have left Overture Networks Inc. , the company announced Tuesday.
Former Hatteras CEO Kevin Sheehan and Overture CTO Matt Squire, formerly of Hatteras, have both left the company. Overture says the departures are part of its ongoing global growth strategy, but a source close to the company suggests to Light Reading the pair were let go.
Our source also says Overture's SVP of Engineering Prayson Pate has been promoted to take the CTO job.
Overture, which merged with Hatteras this year, is still led by CEO Jeff Reedy. (See Overture & Hatteras Gang Up on Carrier Ethernet.)
— Phil Harvey, Editor-in-Chief, Light Reading