Proxim names Michael P. Ressner to its board of directors and appoints CEO Frank Plastina as chairman

December 11, 2003

1 Min Read

SUNNYVALE, Calif. -- Proxim Corporation (NASDAQ:PROX) , a global leader in wireless networking equipment for Wi-Fi and wide area networks, announced today that Michael P. Ressner has been appointed to the company's Board of Directors. Additionally, Proxim CEO Frank Plastina has been selected to fill the vacant Chairman of the Board position.

Ressner has extensive financial experience and has held a number of senior management positions with networking, telecommunications and technology companies. He spent over 20 years at Nortel Networks, where he held various senior management positions including Vice President and General Manager of several product lines, Vice President of Finance and CFO of Enterprise Solutions and Vice President of Finance of Carrier Solutions.

"Mike brings a solid financial background to Proxim that is a nice complement to the rest of the board," said Frank Plastina, Proxim's Chairman and CEO. "His expertise will be invaluable as Proxim continues its drive towards sustained growth and profitability."

Ressner currently holds several board positions with companies such as Entrust, Riverstone and Arsenal Digital Solutions. He is also a venture advisor with the Southeast Interactive Technology Fund, Research Triangle Park, NC, which focuses on emerging technology companies, including those in the data storage, wireless communications, imaging and semiconductor sectors.

Proxim Corp.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like