Redback Hires New CFO

SUNNYVALE, Calif. -– Redback Networks, Inc., (NASDAQ: RBAK), a leading provider of advanced networking solutions, today announced the appointment of Dennis P. Wolf as new chief financial officer (CFO) and senior vice president of finance & administration. Wolf, who brings more than 20 years of financial and operations experience to Redback Networks, is replacing Craig Gentner, who announced his intention to retire last November due to family medical issues.

Prior to joining Redback Networks, Dennis Wolf was CFO and executive vice president at Credence Systems Corporation. Wolf managed finance, investor relations, mergers and acquisitions, administration, legal affairs, and information technology, and greatly assisted in elevating the company’s sales from $200 million to $680 million during his three-year tenure. Prior to joining Credence Systems, Dennis Wolf was CFO and senior vice president at Centigram Communications Corporation, and also held senior management roles at Sun Microsystems and Apple Computer.

“Dennis Wolf, with his tremendous experience and strong relationships in the financial community, is a powerful addition to an already world-class team that is in the process of building the networks of the future,” said Vivek Ragavan, president and chief executive officer of Redback Networks.

http://www.redback.com/pressrelease/default.cfm?PRID=326&RegionID=1