Craig Gentner Joins Redback Networks as Vice President of
Finance and Chief Financial Officer
Wednesday, October 13, 1999 04:01 PM
OT - IS THERE ANY RELATION HERE?
Mail this article to a friend
Industry Veteran Brings Over 20 Years of Financial Management Experience
SUNNYVALE, Calif., Oct. 13 /PRNewswire/ -- Redback Networks (Nasdaq: RBAK)
today announced that Craig M. Gentner has been appointed vice president of finance
and chief financial officer, replacing Geoff Darby, who has resigned his position from
the company. Gentner brings to Redback Networks more than 20 years experience in
financial and operational management. Gentner has spent the last nine years as senior
vice president of finance and chief financial officer of Network Equipment
Technologies, Inc., a leading supplier of multi-service wide area networking equipment
used by carriers, enterprises and government organizations in more than 75 countries.
"We are very excited to be adding a member as seasoned as Craig Gentner to the
Redback management team," said Dennis Barsema, president and chief executive
officer of Redback Networks. "As we continue to execute our strategy to be the leading
global provider of subscriber management solutions, Craig's financial experience,
technical expertise and operational background will help take us to the next level. We
want to thank Geoff for the strong financial role he has taken with the company over the
past year, and wish him the best in his future endeavors."
"Redback Networks presents an exciting opportunity to work with a market leader in
the dynamic and growing broadband industry," said Gentner. "I look forward to joining
the company as it continues its march down the road of success."
Gentner assumed his first CFO position over 13 years ago at Xidex Corporation,
formerly a Fortune 500 multinational firm, where he also served as director of
operations in the company's Swiss manufacturing plant. Earlier in his career, Gentner
held various financial management positions at Envirotech Corporation.
About Redback Networks, Inc.
Founded in 1996 and headquartered in Sunnyvale, Calif., Redback Networks, Inc., is a
leading provider of advanced networking solutions that enable carriers, cable multiple
system operators (MSOs), and service providers to rapidly deploy high-speed
broadband access to the Internet and corporate networks. The company's Subscriber
Management System (SMS) connects and manages large numbers of subscribers
using any of the major high-speed access technologies such as Digital Subscriber
Line (DSL), cable, and wireless. The SMS received Best of Show honors for WAN and
remote access equipment at NetWorld+InterOp, Las Vegas, in May 1998, and was
honored by Telecommunications Magazine as one of the "Lucky 13" hot products in
telecom at the SUPERCOMM '99 show in Atlanta.
NOTE: Redback and the Subscriber Management System are trademarks of Redback
Networks, Inc. Other trademarks, service marks, and trade names belong to their
respective owners.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 The
statements contained in this press release that are not purely historical are
forward-looking statements within the meaning of Section 21E of the Securities and
Exchange Act of 1934, as amended, including statements regarding Redback
Networks' expectations, beliefs, intentions or strategies regarding the future.
Forward-looking statements include statements regarding future sales. All
forward-looking statements included in this document are based upon information
available to Redback Networks as of the date hereof, and Redback Networks
assumes no obligation to update any such forward-looking statements.
Forward-looking statements involve risks and uncertainties, which could cause actual
results to differ materially from those projected. These and other risks relating to
Redback Networks' business are set forth in Redback Networks' Form S-1, as
amended and filed with the Securities and Exchange Commission on May 17, 1999,
and the other reports filed from time to time with the Securities and Exchange
Commission. |
