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Comverse Technology's president and CEO Andre Dahan will assume the additional position of president and CEO of Comverse Inc.
November 13, 2007
NEW YORK -- Comverse Technology, Inc. (Pink Sheets: CMVT.PK - News) today announced a continuation of its organizational realignment, through which certain positions at Comverse Technology, Inc. and its wholly-owned subsidiary Comverse, Inc. have been consolidated, creating a more agile, cross-functional structure. Accordingly, Comverse Technology’s President and Chief Executive Officer Andre Dahan will assume the additional position of President and CEO, Comverse, Inc. Mr. Dahan said, “We have been evolving from a holding company structure, and toward a flatter, more functionalized global organization in which senior management is closer to our customers, and decisions can be made more efficiently.”
The consolidation represents another step in creating a more functional and agile organization, better able to serve customers with greater responsiveness. This year, Comverse Technology has strengthened its senior management team through the addition of: John Bunyan, Chief Marketing Officer; Lance Miyamoto, Executive Vice President, Global Human Resources; Cynthia Shereda, Executive Vice President, General Counsel and Corporate Secretary; and Lauren Wright, Senior Vice President, Business Operations and Planning. Each of these new executives holds cross-functional responsibilities at both Comverse Technology, Inc., and Comverse, Inc.
With this realignment, Yaron Tchwella, the current President of Comverse, Inc., will be leaving the company following a transition period. “I’d like to thank Yaron for his contributions to the company, and in particular for his role in helping to design and launch our organizational transition, while meeting business goals and objectives during his time as President,” Mr. Dahan added.
Comverse Technology Inc. (Nasdaq: CMVT)
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