JDSU Names Sharad Rastogi Senior Vice President of Business Development and Corporate Marketing
October 15 2008 - 4:30PM
PR Newswire (US)
MILPITAS, Calif., Oct. 15 /PRNewswire-FirstCall/ -- JDSU today
announced that Sharad Rastogi has been appointed as senior vice
president of business development and corporate marketing. Mr.
Rastogi will be responsible for strategic planning, mergers and
acquisitions and overall corporate marketing functions. He will
report directly to Kevin Kennedy, JDSU's president and chief
executive officer. "We are very pleased to have Sharad Rastogi on
board," said Kevin Kennedy, president and chief executive officer
of JDSU. "His track record of successful execution on strategic
growth opportunities, specifically operational management and
M&A experience will support our most pivotal priorities of
successful and transformative M&A that will shape and guide
JDSU to a strong future." Most recently Mr. Rastogi was vice
president of corporate development at Avid Technology and general
manager of Pinnacle Systems, the consumer business unit at Avid
where he was responsible for strategy, acquisitions, alliances and
new business opportunities. Prior to Avid, Sharad was a partner in
the managing consulting firm Bain & Company, Inc where he
advised technology, media, venture capital, and private equity
clients in corporate strategy, operational improvement, mergers and
acquisitions, and post-merger integration. Mr. Rastogi holds a
master of business administration from the Wharton School at the
University of Pennsylvania, a master of science in manufacturing
engineering from Boston University, and a bachelor of technology in
mechanical engineering from the Indian Institute of Technology in
New Delhi. "I am very excited to be joining JDSU at this period in
the company's growth and transformation," said Mr. Rastogi. "My
areas of immediate focus will be pursuing strategic areas of
development that will fortify or augment JDSU's existing
diversified technology portfolio and to uphold the leadership
team's commitment to continue to advance the company's long-term
business model." About JDSU JDSU (Nasdaq: JDSU; and TSX: JDU)
enables broadband and optical innovation in the communications,
commercial and consumer markets. JDSU is the leading provider of
communications test and measurement solutions and optical products
for telecommunications service providers, cable operators, and
network equipment manufacturers. JDSU is also a leading provider of
innovative optical solutions for medical/environmental
instrumentation, semiconductor processing, display, brand
authentication, aerospace and defense, and decorative applications.
More information is available at http://www.jdsu.com/. Contacts
Press/Industry: Kathleen Greene, 408-546-5852 or Investors:
Michelle Levine, 408-546-4421 or
http://www.newscom.com/cgi-bin/prnh/20050913/SFTU125LOGO
http://photoarchive.ap.org/ DATASOURCE: JDSU CONTACT:
PressIndustry, Kathleen Greene, +1-408-546-5852, , or Investors,
Michelle Levine, +1-408-546-4421, , both of JDSU Web site:
http://www.jdsu.com/
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