November 20, 2007
ENGLEWOOD, Colo. -- CSG Systems International, Inc., (NASDAQ: CSGS) announced today that Edward C. Nafus, president and chief executive officer of the company, has announced his plans to retire at the end of the year, following nearly 10 years of service with CSG.
CSG veteran Peter Kalan, executive vice president, corporate & business development, has been named to succeed Nafus as president and chief executive officer.
Kalan, 48, has served in various senior and executive management roles with CSG for 11 years. In his current capacity, he has been responsible for overseeing CSG’s corporate and business development efforts, including CSG’s two recent acquisitions. Prior to this role, he served as the company’s chief financial officer.
Along with selecting Kalan as Nafus’ successor, CSG’s Board of Directors also voted him to serve on the Board, effective immediately. Nafus will continue to serve on CSG’s Board of Directors, with his current Board term running through mid-2010.
Nafus, 67, has served as CSG’s president and CEO since April 2005. Prior to his appointment as CEO, Nafus served in various senior and executive leadership roles, including President and Executive Vice President of CSG’s Broadband Services Division, directing CSG through periods of high growth and rapid change, and building the business to support value-added customer interactions on behalf of some of North America’s leading cable and direct broadcast satellite providers.
"On behalf of the CSG Board of Directors, I am grateful to Ed for his outstanding leadership and focus on operational excellence,” said Bernie Reznicek, Chairman of the CSG’s Board of Directors. “Peter’s appointment by the Board to succeed Ed is a testament to Ed’s commitment to building a solid, experienced and talented leadership team, and an organization centered on serving its customers which has led CSG to some of its most significant achievements.”
CSG Systems International Inc. (Nasdaq: CSGS)
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