Westell Names Kirk R. Brannock Chairman of the Board
September 15 2017 - 10:18AM
Westell Technologies, Inc. (NASDAQ:WSTL), a leading provider
of high-performance wireless infrastructure solutions, announced
today that its Board of Directors appointed Kirk R. Brannock to
serve as Chairman of the Board. He replaces Dennis O. Harris, who
served as Interim Chairman since September 2016 and will continue
to serve as a director.
Westell stockholders elected Mr. Brannock, who served as
Westell’s Interim President and Chief Executive Officer from
October 2016 through July 2017, and Matthew B. Brady, Westell’s
current President and Chief Executive Officer, to the Board of
Directors at the Company’s Annual Meeting of Stockholders on
September 12, 2017. Previously, Mr. Brannock served as a member of
Westell’s Board of Directors from February 2011 to September
2014.
“Kirk’s long-term commitment to Westell and the good work he did
as CEO to rationalize the Company’s cost structure make him the
right choice to lead our Board,” said Mr. Harris. “As CEO Kirk also
played a key role in positioning the Company for future success in
Public Safety and the emerging wireless deployment of Centralized
Radio Access Networks, or CRAN.”
In addition to Mr. Harris, the other members of the
Company-nominated slate of directors were reelected to the Board at
the Annual Meeting. At the same time, the Company announced that
Ms. Jeannie H. Diefenderfer, a director since September 2015,
completed her term as a director which expired at the 2017 Annual
Meeting.
“Jeannie made substantial contributions to Westell during her
time as a director,” Mr. Harris added. “We thank her for her
expertise, commitment, and insight.”
As a result of these changes, the size of the Westell Board of
Directors increased from six members to seven members.
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About Westell TechnologiesWestell is a leading
provider of high-performance wireless infrastructure solutions
focused on innovation and differentiation at the edge of
communication networks where end users connect. The Company's
comprehensive set of products and solutions enable service
providers and network operators to improve performance and reduce
operating expenses. With millions of products successfully deployed
worldwide, Westell is a trusted partner for transforming networks
into high-quality, reliable systems. For more information, please
visit westell.com.
Twitter - Company: @Westell_Tech
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technological delays or difficulties (including delays or
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acquire and integrate acquisitions, the effect of the Company's
accounting policies, retention of key personnel and other risks
more fully described in the Company's SEC filings, including the
Form 10-K for the fiscal year ended March 31, 2017, under
Item 1A - Risk Factors. The Company undertakes no
obligation to publicly update these forward-looking statements to
reflect current events or circumstances after the date hereof, or
to reflect the occurrence of unanticipated events, or
otherwise.
Westell Investor Relations ContactTom
MinichielloSenior Vice President, Chief Financial Officer,
Treasurer, and SecretaryWestell
Technologies630-375-4740tminichiello@westell.com
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