Aviat's CFO Quits

Thomas L Cronan, III steps down as senior vice president and chief financial officer of wireless backhaul firm

August 25, 2011

1 Min Read

SANTA CLARA, Calif. -- Aviat Networks, Inc. (NASDAQ:AVNW - News), a leading expert in wireless transmission solutions, today announced the resignation of Thomas L. Cronan, III as senior vice president and chief financial officer. The company has begun the process of identifying a successor for this position.

"It was a difficult decision to leave Aviat Networks," said Cronan, who has been chief financial officer of the company since May 2009. "I am leaving behind a strong finance team that will help assist the Company going forward and I wish Mike the best in his new role as CEO."

"Tom's leadership will be missed by the company," said Michael Pangia, president and chief executive officer of Aviat Networks. "He has contributed to the company's restructuring and turnaround over the last two years at both the financial and strategic levels. His efforts have resulted in a strong balance sheet that will enable the company to move forward to achieve its long term strategic objectives. I would like to express my gratitude to Tom and wish him well in his future endeavors."

Aviat Networks Inc. (Nasdaq: AVNW)

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