Sonus Finance VP Quits
The filing says finance VP Bradley T. Miller told Sonus on July 28 that he "had accepted a position as Chief Financial Officer at a public company and will be leaving Sonus effective August 12, 2005."
It's the latest strange twist in Sonus's story, which included a chain of financial missteps early in the year (see Sonus Dips Into the Red, 'Good Grief!' Sonus Disappoints Again, and Sonus Promises, Promises). Sonus is slated to report its second-quarter earnings on Aug. 8.
On the plus side, an SEC investigation of Sonus was recently finished, and the company supposedly beat out for a deal (see Sonus Cleared by SEC, Stock Jumps and Source: Sonus Has BellSouth Deal).
Board member Paul Ferri also left Sonus recently (see Sonus Board Member Departs).
— Craig Matsumoto, Senior Editor, Light Reading