BigBand Announces Changes to the Board of Directors
March 14 2011 - 5:00PM
Business Wire
BigBand Networks, Inc., (NASDAQ:BBND), a leader in digital video
networking, today announced changes to its Board of Directors
intended to enhance Board independence. The Company has appointed
Erez Rosen to its Board.
Erez Rosen has held a number of executive-level roles in finance
at leading manufacturing and technology companies. He served as the
Chief Financial Officer of Aladdin Knowledge Systems, where he
co-led the company into becoming a global leader in IT Security. He
also served as the Controller for BASF Italia, a subsidiary of the
leading multinational organization, BASF Group. Currently, Mr.
Rosen is the Founder of the Rosen Group, a financial consulting
firm headquartered in Tel Aviv, Israel. Mr. Rosen serves on the
Board of Directors of several companies in Israel, including
Inspire Investments, Davidoff Group and Starcom Systems. He
received an MBA from INSEAD in France and a B.A in Economics from
Hebrew University of Jerusalem and attended The General Managers
Program at Harvard Business School.
“We are thrilled to add Erez’s expertise and background to our
already strong Board of Directors,” commented Amir Bassan-Eskenazi.
“We expect him to contribute significantly to our strategy and to
our Audit Committee, especially as we look at market expansion and
achieving our product and financial goals.”
In addition, the Company announced that Ran Oz will be stepping
down from the Board of Directors and as Chief Technology Officer.
Mr. Oz will remain with the Company to advise the CEO and the
management team on technology strategy. The Office of the CTO will
report into Rajive Dhar, Senior Vice President of Corporate
Development and Strategic Planning at BigBand.
“We want to thank Ran for his years of service on the Board of
Directors and contributions to driving BigBand’s technology
innovation,” continued Bassan-Eskenazi. “We respect and support his
desire to spend more time with his family and look forward to his
continued engagement with BigBand as a strategic advisor to the
management team.”
About BigBand Networks
BigBand Networks, Inc. [NASDAQ: BBND] provides broadband service
providers with innovative digital video networking 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, IPTV, video-on-demand and interactive TV.
BigBand Networks has done business with more than 200 customers in
North America, Asia and Europe -- including seven of the ten
largest cable and telco service providers in North America. 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.
BigBand Networks' brand and product names are service marks,
trademarks or registered trademarks of BigBand Networks, Inc. in
the United States and other countries. All other marks are the
property of their respective owners.
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