BigBand Networks, Inc. (NASDAQ:BBND), a leader in digital video networking, today announced the appointment of Ravi Narula as chief financial officer. Mr. Narula succeeds Moe Castonguay, who will be returning to the east coast full time. Mr. Castonguay will serve as CFO until May 1, 2010, at which time the company will complete its transition to the new CFO.

Mr. Narula joined BigBand in 2005 and is currently the vice president of finance and worldwide controller. He has also served in other senior financial roles during his tenure at BigBand, including chief accounting officer. Mr. Narula was instrumental in taking the company public and building the financial operations team. Prior to joining BigBand, he was director of financial governance at Borland Software and served in a number of senior financial roles at Deloitte & Touche. Mr. Narula has over 16 years of experience in financial accounting and is a chartered accountant.

“We are pleased to promote Ravi to his new position as chief financial officer,” said Amir Bassan-Eskenazi, president and CEO of BigBand Networks. “His financial leadership has been an important component of our strategic and operational performance over the past four years. We look forward to his continued contribution as part of the executive team. Ravi is Moe’s recommended successor, and they will continue their great team work in the coming months to assure a smooth transition.”

“Moe has demonstrated the highest levels of integrity and competence during his tenure at BigBand, and has helped establish a level of transparency, control and planning that will benefit us for years to come. His decision to refocus his life back on the east coast was one that I have to respect and support. I am thankful for his leadership and wish him the best in his future endeavors,” added Mr. Bassan-Eskenazi.

Following this appointment, the new executive lineup assembled to execute the company’s strategy includes:

  • Amir Bassan-Eskenazi, Co-Founder and CEO
  • Ran Oz, Co-Founder and CTO
  • Ravi Narula, CFO*
  • Rajive Dhar, SVP Corporate Development & Strategic Planning
  • Greg Greco, SVP Research & Development
  • Rob Horton, SVP & General Counsel
  • Ralph Rondinone, SVP Global Operations
  • Paul Crann, VP Product Line Management & Product Marketing
  • Ray Fitzgerald, VP Worldwide Cable Sales
  • Wayne Gaudette, VP Telco Sales
  • Judith Yampolsky, VP Human Resources

*Mr. Narula’s appointment will be effective May 1, 2010.

About BigBand Networks

BigBand Networks, Inc. (NASDAQ:BBND) provides broadband service providers with innovative network solutions designed to make it easier to move, manage and monetize video. These solutions are based on BigBand's video-networking platforms that are built to enable efficient and reliable delivery across a wide range of services, including digital TV, high definition TV, advanced advertising, video-on-demand and interactive TV. BigBand Networks has done business with more than 200 customers -- including seven of the ten largest service providers in the U.S. -- and leading cable and telco service providers in North America, Asia and Europe. BigBand Networks is based in Redwood City, Calif., with offices worldwide. For additional information about the company, please call +1.650.995.5000, email info@bigbandnet.com or visit www.bigbandnet.com.

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