– USA, CA – Calix, Inc. (NYSE: CALX) today announced the election of current CEO and Board member, Carl Russo, to the additional role of Chairman of the Board. Concurrently, the Board has appointed the current Board Chairman, Don Listwin, to serve as the Lead Independent Director.
“I want to express my sincere thanks to Don for his guidance and contributions as Chairman of the Board over the past fourteen years as the company embarked on its long-term transformation into a software platform, systems, and services provider,” said Carl Russo, chairman, and CEO. “Now that our strategy is firmly set, the company is executing at a high level and we have built a deep bench of senior leadership talent, I look forward to his guidance as a lead independent director.”
“With Calix capitalizing on major secular disruptions across the industry, the Board concluded it is in the best interests of the company to combine the roles of Chairman and CEO to best execute on our plan and vision for the future,” said Board Chairman, Don Listwin. “With the leadership team in place and executing well, we are well-positioned to generate significant value for all our stakeholders in the years to come, and the Board believes this is the right time for Carl to assume this role.”
About Calix
Calix, Inc.’s cloud and software platforms enable service providers of all types and sizes to innovate and transform. Our customers utilize the real-time data and insights from Calix platforms to simplify their businesses and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty, and revenue creates more value for their businesses and communities. This is the Calix mission; to enable broadband service providers of all sizes to simplify, excite, and grow.
For more information: https://www.calix.com
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