Newly re-branded Ribbon Communications has announced that Franklin (Fritz) W. Hobbs, a director of the Company, has been appointed President and Chief Executive Officer. The appointment follows the resignation of Ray Dolan, as President and Chief Executive Officer and as a director of the Company.
Richard J. Lynch, Chairman of the Board, said, “With Fritz leading the Company forward as CEO, there is strong alignment with the Board on the vision and path to capture value for all of our shareholders. Fritz has been a director at Ribbon since it was formed from the merger of Sonus Networks and GENBAND. He brings strong CEO, board-level, operational, integration and change management expertise. We are pleased to appoint Fritz as CEO and think his experience and leadership abilities will accelerate the realisation of our vision. We look forward to the results of his leadership as we position Ribbon for its next chapter.”
Mr. Hobbs said, “Ribbon is at the forefront of real-time communications, dedicated to serving our customers as an innovative and secure global real-time communications organisation. Following the successful merger, and as we accelerate the synergies which are resulting from bringing together the talents of the teams, Ribbon is well-positioned to execute and capitalise on our many opportunities. I look forward to leading Ribbon, with the incredible support and guidance from the Company’s Board and deep bench of highly skilled technical and management talent. Working with all of our employees around the world, we will continue focusing on creating value for our shareholders, customers and partners as we deliver market-leading real-time communications and security solutions across the globe.”
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