ADVA OPTICAL NETWORKING ANNOUNCES CHANGES TO ITS SUPERVISORY BOARD
New members, changing positions bring increased focus for
challenging economic environment
Norcross, Georgia, USA and Martinsried/Munich, Germany. June 15,
2009. ADVA Optical Networking today announced a new member of its
Supervisory Board, and reconfirmed changes in position by other
members, including:
* Anthony Maher has been appointed Chairman; Albert Rädler, former
Chairman, will continue to serve as a member of the Supervisory
Board;
* Krish Prabhu joins Thomas Smach as a Vice Chairman of the
Supervisory Board;
* Bernd Jäger retired from the Supervisory Board; his position has
been filled by Bernard Bourigeaud, who was elected by the
Company's annual general meeting in Meiningen, Germany, on
June 10.
Anthony Maher worked many years at Siemens between 1978 and 1997 in
Germany and the U.S. His focus spanned software development and
integration, system engineering, architecture and processor design.
Until early 2002, Maher served as a member of the Managing Board for
Siemens Information and Communication Networks (ICN) Group, where he
presided over several ICN business units, its European regional
business as well as the U.S. operations. He was also a founding
chairman of Mustang Ventures, a venture capital unit at Siemens for
wireless and wireline businesses. He also served as Chairman of the
board of Unisphere Networks, Inc. (a Siemens-owned company), which
was later acquired by Juniper Networks. Maher currently serves on the
boards of numerous public and privately held companies.
"Participating as a member of ADVA Optical Networking's Supervisory
Board for seven years, and now as its Chairman, I am always impressed
by the tenacity of the company, its leadership and its staff," stated
Maher. "During the coming years, I look forward to further building
strength in the corporate governance procedures and to delivering the
highest value to ADVA Optical Networking's stakeholders."
Bernard Bourigeaud brings to the ADVA Optical Networking Supervisory
Board extensive financial and operational experience. He was the
founder of Atos Origin, a global IT services company, presiding over
the growth of the initial organization through a number of subsequent
mergers and acquisitions that led the company to its current status
as a EUR 5 billion enterprise. He also created Atos Consulting after
the acquisition of KPMG Consulting's U.K. and Dutch operations.
Before Atos Origin and its predecessors, Bourigeaud spent 11 years at
Deloitte Haskins and Sells, where he led the management consulting
group. Prior to that, he held several management positions in Europe
for Continental Grain. He began his career with the French Bank, CIC,
and Price Waterhouse.
In September 2008, Bourigeaud was appointed to the Board of Directors
of CGI Group Inc., a leading provider of technology and business
process services with headquarters in Montreal. He is Senior Advisor
to Apax Partners in France. He also serves on the Board of CEPS
(Centre d'Etude et Prospective Stratégique), an independent and
multidisciplinary think tank based in France. In 2007 Bourigeaud was
appointed Affiliate Professor at HEC School of Management in Paris,
and he is a member of HEC's International Advisory Board. Bourigeaud
currently serves as an advisor to the National Committee of French
Foreign Trade (CNCCEF).
"I am impressed with ADVA Optical Networking's success over the last
nine months, particularly in this time of economic uncertainty. To
me, these are signs of strength and a determination to outperform,"
stated Bourigeaud. "I look forward to using my experience and
connections to drive increased business for ADVA Optical Networking
in Europe with both telecommunications operators and enterprises."
"2009 has presented a challenging macroeconomic environment like none
other we've seen. As we optimize our company for success in this
environment, these changes to our Supervisory Board reflect our
desire to build continued strength and vision for the future," stated
Brian Protiva, chief executive officer of ADVA Optical Networking.
"New energy, new responsibilities and fresh perspectives will enable
us to approach a challenging year with the best ideas and the
soundest strategy possible. I look forward to working with all
members of our Supervisory Board to lead us through the coming
years."
The full Supervisory Board of ADVA Optical Networking now consists of
the following members: Anthony Maher - Chairman; Thomas Smach and
Krish Prabhu - Vice Chairmen; Albert Rädler, Eric Protiva and Bernard
Bourigeaud - Members.
# # #
ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking (FSE: ADV) is a global provider of
telecommunications equipment. With innovative Optical+Ethernet
transport solutions, we build the foundation for high-speed,
next-generation networks. Our FSP product family adds scalability and
intelligence to our customers' networks while removing complexity and
cost. With a flexible and fast-moving organization, we forge close
partnerships with our customers to meet growing demand for data,
storage, voice and video services. Thanks to reliable performance for
more than 15 years, we have become a trusted partner for more than
200 carriers and 10,000 enterprises across the globe. For more
information, please visit us at www.advaoptical.com.
PUBLISHED BY:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
ADVA Optical Networking North America, Inc., Norcross, Georgia, USA
ADVA Optical Networking (Shenzhen) Ltd., Shenzhen, China
www.advaoptical.com
FOR PRESS:
Christine Keck
t +1 201 258 8293 (U.S.)
t +44 1904 699 358 (Europe)
t +86 755 8621 7400 (Asia)
public-relations@advaoptical.com
FOR INVESTORS:
Wolfgang Guessgen
t +1 201 258 8302 (U.S.)
t +49 89 89 0665 940 (Europe)
t +86 755 8621 7400 (Asia)
investor-relations@advaoptical.com
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