SAN JOSE, Calif., Nov. 20, 2018 /PRNewswire/ -- Extreme
Networks Inc® ("Extreme") (Nasdaq: EXTR), a software-driven
networking company, announced today that Rémi Thomas will join the
company as its new Chief Financial Officer, reporting to
Ed Meyercord, President and Chief
Executive Officer. Thomas has 25+ years of finance experience, and
comes to Extreme from CA Technologies, where he served as Senior
Vice President, Corporate Controller for the past year and a half.
His start date is November 26,
2018.
"Coming off a successful first quarter with record cash
collection and a strong balance sheet, we are extremely excited to
welcome Rémi Thomas to the Extreme family to drive continued,
positive momentum. He is a business-oriented, global finance
executive from top pedigree technology firms. He has strong M&A
experience and a deep understanding of the software business, which
is a key engineering focus for our company. There is no doubt that
he is the right person to help us monetize our development and
productization efforts moving forward," said Meyercord.
While at CA Technologies, Thomas led the organization in the
preparation of financial statements, financial reports and SEC and
Regulatory filings, and provided executive leadership on all
operational accounting activities. Prior to this role, he served as
Vice President of Finance at HPE Software, a business unit of
Hewlett Packard Enterprise. Thomas also worked for Alcatel-Lucent
for close to eight years – mostly in Paris and Shanghai – in various finance leadership roles
including CFO for Enterprise and Strategic Industries, CFO for
APAC, CFO for Wireless Networks and finally, head of M&A and
Corporate Development. In this last role, Thomas drove negotiations
that led to the announcement of the merger between Alcatel-Lucent
and Nokia.
Thomas has a Master of Business Administration from University of Warwick in the UK, and a bachelor's
degree in business administration from Toulouse Business School in
France.
Matt Cleaver, Extreme's Vice
President of Finance, has been the interim CFO since September when
the company's CFO left the company. Cleaver will resume his
position as part of Thomas' staff and will play a key role in
helping him transition into his new role at Extreme.
Meyercord added, "Matt did an excellent job during these past
three months. I want to thank him for the work he did as interim
CFO as we made steady progress on our financial goals under his
leadership."
About Extreme Networks
Extreme Networks, Inc. (EXTR) delivers software-driven
solutions from the enterprise edge to the cloud that are agile,
adaptive, and secure to enable digital transformation. Our
100% in-sourced services and support are number one in the
industry. Even with 30,000 customers globally, including half of
the Fortune 50 and some of the world's leading names in business,
hospitality, retail, transportation and logistics, education,
government, healthcare and manufacturing, we remain nimble and
responsive to ensure customer and partner success. We call this
Customer-Driven Networking™. Founded in 1996, Extreme is
headquartered in San Jose, California. For more information, visit
Extreme's website or call 1-888-257-3000.
Extreme Networks and the Extreme Networks logo are either
trademarks or registered trademarks of Extreme Networks, Inc. in
the United States and/or other
countries. Other trademarks are the property of their respective
owners
Investor Relations
Contact
|
Media
Contact
|
Stan
Kovler
|
Christi
Nicolacopoulos
|
Sr. Director,
Investor Relations and Finance
|
603/952-5005
|
Extreme
Networks
|
pr@extremenetworks.com
|
919-595-4196
|
|
skovler@extremenetworks.com
|
|
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SOURCE Extreme Networks, Inc.