ADVA Optical Creates a CEO

Brian L. Protiva, Chief Strategy Officer, has been appointed to the newly-created position of Chief Executive Officer

May 1, 2001

1 Min Read

MARTINSRIED & MUNICH, Germany, and RAMSEY, N.J. -- ADVA Optical Networking (German Neuer Markt: ADV), a leading global provider of optical networking solutions, today announced that Brian L. Protiva, Chief Strategy Officer, has been appointed to the newly-created position of Chief Executive Officer by the company's Supervisory Board. ADVA's change in corporate structure is the result of the company's efforts to focus its vision and unify leadership through clearer accountability, and follows the reporting of the company's 2000 financial results earlier today.

"ADVA has been a highly successful company for a long period of time, but we grew rapidly in the year 2000 and made some critical mistakes that could have been prevented. These mistakes have been further magnified through recent industry-wide developments," said Brian Protiva. "My top priority in my new role as CEO of ADVA is to prevent future mistakes by making and implementing clearer business procedures with the management team. As a company, we are very well positioned to be successful in the metro and enterprise markets with over 500 end-customers, a complete product portfolio, and proven technology solutions."

ADVA AG Optical Networking

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