HOLMDEL, N.J., June 12, 2018 /PRNewswire/ -- Dave Pearson, Chief Financial Officer of Vonage
(NYSE: VG), a business cloud communications leader, has been
honored as CFO of the Year by the New Jersey Tech Council, a
private, nonprofit membership organization which supports the tech,
innovation, and entrepreneurial ecosystems across the state and
region.
The CFO Awards are an annual event recognizing the
accomplishments of financial executives from the state's diverse
tech and life sciences communities. At the event, the Council
honors and celebrates the outstanding contributions of leading CFOs
and investors in the industry.
Since joining the Company in 2013, Mr. Pearson has been a
visionary and critical leader of Vonage's overall business
strategy, helping to put the Company on a path to rapid
growth. Instrumental in developing an innovative strategy for
the growth of the Company, Mr. Pearson changed the way Vonage
operates its business, and was an integral driver of Vonage's
successful pivot from residential communications provider to
leading cloud communications provider for business.
Under his guidance, 2017 proved to be a transformational year as
Vonage Business revenues exceeded consumer revenues for the first
time in Q3 2017, and increased full year revenues by 33% to
$499 million. With Mr. Pearson's
leadership, the company as a whole delivered strong results in
2017, growing consolidated revenues to $1.0
billion.
"It's an honor to be recognized by the New Jersey Tech Council,
and my peers in this industry," said Mr. Pearson. "I'm particularly
proud of the work that my team has done to support Vonage as we
redefine business communications, and embrace technology to not
only transform how businesses communicate, but how they operate,
using cloud communications to drive better business outcomes."
CFO Award winners were honored during a June 8 awards ceremony in Princeton, NJ. Honorees were nominated by
third-party submissions, and selected for their distinguished
leadership and contributions not only to their companies, but to
the New Jersey tech community as a
whole.
About Vonage
Vonage (NYSE:VG) is redefining business
communications. True to our roots as a technology disruptor, we've
embraced technology to transform how companies communicate to
create better business outcomes. Our unique cloud
communications platform brings together a robust unified
communications solution with the agility of embedded, contextual
communications APIs. This powerful combination enables businesses
to collaborate more productively and engage their customers more
effectively across messaging, chat, social media, video and
voice.
The Company also provides a robust suite of feature-rich
residential communication solutions.
Vonage Holdings Corp. is headquartered in Holmdel, New Jersey, with offices throughout
the United States, Europe, Asia
and Israel. Vonage® is a registered trademark of
Vonage Marketing LLC, owned by Vonage America Inc.
(vg-a)
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SOURCE Vonage