Business
Ribbon Communications Announces Three New Appointments to its Board of Directors
WESTFORD, Mass., June 23, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network
About this update from Ribbon Communications Inc.
[{"type":"text","content":"WESTFORD, Mass., June 23, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced three new appointments to the company's Board of Directors. The three new directors, Shaul Shani, Mariano de Beer, and Tanya Tamone, joined the Ribbon Communications board of directors effective June 19, 2020. Mr. de Beer and Ms. Tamone are independent directors, and Mr. Shani is the chairman of Swarth Group, the lead investor in ECI Telecom. With the recent merger of Ribbon and ECI, the Swarth Group became a 17.8% shareholder of Ribbon Communications. The new appointments were made in connection with the designation rights granted to the Swarth Group in conjunction with the merger. \n\n \n \n \n \n \n \n\n \nImmediately prior to the appointment of the three new directors, board members Richard J. Lynch, Kent J. Mathy, and Scott E. Schubert resigned effective June 18, 2020, as anticipated and described in the proxy materials for the Ribbon Communications 2020 annual shareholder meeting. \nIn addition, Patrick Macken recently joined the company and has been appointed Executive Vice President (EVP) and Chief Legal Officer by the Board effective June 19, 2020. Patrick will lead the company's global legal and compliance functions and serve as Corporate Secretary, succeeding Justin Ferguson, who will be leaving the organization to pursue other opportunities following a transition period. \n\"The new additions to our board and the executive management team further pave the way for achieving the next level of growth,\" said Bruce McClelland, CEO of Ribbon Communications. \"I welcome new directors Mr. Shani, Mr. de Beer, and Ms. Tamone. Our three new directors add significant international communications and business experience and bring expanded board diversity. We are grateful for the leadership of our departing board members Dick, Kent, and Scott. Their collective contributions allowed us to grow and transform to where we are today and complete the recent ECI merger.\" \nMr. McClelland added, \"Patrick is a seasoned public company executive and we are excited to have him on board. He brings more than 20 years of relevant legal experience in the tech, media, and telecom sectors. I hav...