Casa Systems Announces Departure of Chief Financial Officer
July 11 2018 - 5:04PM
Casa Systems, Inc. (Nasdaq:CASA), a leading provider of converged
broadband infrastructure technology solutions for mobile, cable,
and fixed networks, today announced that Gary Hall, Chief Financial
Officer (CFO), has provided notice of his intent to leave the
company effective August 10, 2018.
The Board of Directors of the Company has appointed Shaun
McCarthy, Vice President of Finance and Corporate Controller, to
assume the role of interim CFO, effective August 11, 2018.
Mr. McCarthy has more than 25 years of finance and accounting
experience and has served as the company’s Vice President of
Finance and Corporate Controller since 2014. Prior to joining
the company, he served as the Vice President of Finance, Corporate
Controller and Chief Accounting Officer for Dynamics Research
Corporation, as well as Vice President of Finance and Corporate
Controller at Axcelis Technologies, Inc.
“We thank Gary for his significant contributions to Casa over
the last seven years,” said Jerry Guo, President and Chief
Executive Officer. “We are pleased to have Shaun lead our financial
operations on an interim basis to ensure a smooth transition as we
conduct a search for our next CFO. Shaun will be supported by a
strong bench of talent in our finance organization.”
The company expects to retain an executive search firm and
commence a formal search for a permanent CFO.
About Casa Systems, Inc.Casa Systems, Inc.
(Nasdaq:CASA) delivers converged broadband technology solutions
that enable mobile, cable and fixed network service providers to
meet the growing demand for gigabit bandwidth and services. Our
suite of distributed and virtualized solutions for fixed and mobile
5G ultra-broadband networks are engineered for performance,
flexibility and scale. Commercially deployed in over 70 countries,
Casa serves more than 450 Tier 1 and regional service providers
worldwide.
IR ContactMonica Gould 212-871-3927
investorrelations@casa-systems.com Lindsay Savarese 212-331-8417
investorrelations@casa-systems.com
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