Airgain Announces Departure of Chief Financial Officer
November 25 2019 - 5:00PM
Business Wire
Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced
antenna technologies used to enable high performance wireless
networking across a broad range of devices and markets, including
consumer, enterprise, and automotive, today announced that Anil
Doradla, Chief Financial Officer, will be leaving the company,
effective November 30, 2019, to pursue other opportunities.
The Board of Directors has commenced an executive search process
for Mr. Doradla’s successor. Mr. Doradla will continue to assist
Airgain as an advisor and provide transitional, consulting
services.
“We would like to thank Anil for his dedicated service to
Airgain. He has been an integral member of our executive management
team. We wish him the very best in his professional endeavors and
much continued success,” said Jacob Suen, President and Chief
Executive Officer at Airgain.
Mr. Doradla stated, “After almost two years working at Airgain,
I have seen significant transformation across all facets of the
company. I am very thankful to have worked under the leadership of
Jacob Suen and Jim Sims and believe Airgain is in a solid position
and is well-poised to continue benefiting from the growth and
demand for advanced antenna technologies.”
About Airgain, Inc.
Airgain is a leading provider of advanced antenna technologies
used to enable high performance wireless networking across a broad
range of devices and markets, including consumer, enterprise, and
automotive. Combining design-led thinking with testing and
development, Airgain works in partnership with the entire
ecosystem, including carriers, chipset suppliers, OEMs, and ODMs.
Airgain’s antennas are deployed in carrier, fleet, enterprise,
residential, private, government, and public safety wireless
networks and systems, including set-top boxes, access points,
routers, modems, gateways, media adapters, portables, digital
televisions, sensors, fleet, and asset tracking devices. Airgain is
headquartered in San Diego, California, and maintains design and
test centers in the U.S., U.K., and China. For more information,
visit airgain.com, or follow us on LinkedIn and Twitter.
Airgain and the Airgain logo are registered trademarks of
Airgain, Inc.
Forward-Looking Statements
Airgain cautions you that statements in this press release that
are not a description of historical facts are forward-looking
statements. These statements are based on the company's current
beliefs and expectations. These forward-looking statements include
statements regarding the search for and transition to a new CFO and
Mr. Doradla’s consulting services assisting in such transition, and
Airgain’s expectations regarding the growth and demand for advanced
antenna technologies. The inclusion of forward-looking statements
should not be regarded as a representation by Airgain that any of
our plans will be achieved. Actual results may differ from those
set forth in this press release due to the risk and uncertainties
inherent in our business, including, without limitation: risks
associated with timely and successfully completing an executive CFO
search; risks and uncertainties related to management and key
personnel changes; the market for our antenna products is
developing and may not develop as we expect; risks associated with
the performance of our products; our products are subject to
intense competition, including competition from the customers to
whom we sell, and competitive pressures from existing and new
companies may harm our business, sales, growth rates and market
share; and other risks described in our prior press releases and in
our filings with the Securities and Exchange Commission (SEC),
including under the heading "Risk Factors" in our Annual Report on
Form 10-K and any subsequent filings with the SEC. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof, and we
undertake no obligation to revise or update this press release to
reflect events or circumstances after the date hereof. All
forward-looking statements are qualified in their entirety by this
cautionary statement, which is made under the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191125005806/en/
Airgain Contact Jules Cassano Director of Marketing
Airgain, Inc. media@airgain.com
Airgain (NASDAQ:AIRG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Airgain (NASDAQ:AIRG)
Historical Stock Chart
From Sep 2023 to Sep 2024