Tellabs Names Daniel P. Kelly CEO

NAPERVILLE, Ill. -- The Tellabs Board of Directors appointed Daniel P. KellyTellabs' chief executive officer and president. Kelly, 51, is a seasoned telecom industry expert with more than 25 years of experience in a variety of research and development roles at Tellabs. His appointment is effective today. Kelly has served as Tellabs acting CEO and president since June 27, 2012.

"Dan is the right leader to enable Tellabs' success in these challenging times," said Michael J. Birck, Tellabs chairman and co-founder. "He has the deep expertise, relationships and experience to execute our plan to improve Tellabs' performance."

"We are building on Tellabs' strengths -- our people, our customer focus and our product innovations," said Kelly. "Tellabs stands ready to help our customers succeed as they advance networks with Tellabs Mobile Backhaul, Packet Optical, Optical LAN and Access Solutions."

Tellabs Inc. (Nasdaq: TLAB; Frankfurt: BTLA)