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Technology Stocks : Redback Networks, Inc. (RBAK)

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To: ms.smartest.person who wrote (1466)8/8/2000 11:27:04 AM
From: Duracci  Read Replies (1) of 1956
 
Today's news. From CBSMarketWatch

SUNNYVALE, Calif., Aug 8, 2000 (BUSINESS WIRE) -- Redback Networks, Inc., RBAK, a leading provider of advanced networking solutions, today announced that Kevin Q. Smith has joined the company as senior vice president of operations.

Smith, a sixteen-year industry veteran and prominent operations executive, will be responsible for managing all levels of Redback(R)'s operations and manufacturing worldwide. With his extensive background in manufacturing high-end optical and service provider equipment, Smith will oversee the global expansion of Redback's outsourced manufacturing operations across all the company's platforms, including the Subscriber Management System(TM) (SMS) and SmartEdge(TM) product families. He will lead the company's purchasing, quality assurance and new product introduction efforts, and will provide a top-level operational interface into the sales and engineering organizations.

"Kevin brings invaluable world-class operations experience and seasoned management skills to Redback," said Vivek Ragavan, president and chief executive officer at Redback Networks. "As we continue to build Redback Networks into a major networking franchise, Kevin's significant experience in multi-level plant and outsourced manufacturing, as well as global operations, will be critical in enabling us to attain our next level of growth."

Prior to joining Redback, Smith was senior director of manufacturing and plant manager of high-end and optical systems manufacturing at Cisco Systems, Inc. CSCO. During his seven years at Cisco, Smith held several executive-level operations functions -- most notably he was responsible for shipping billions of dollars in revenue output, including nearly 33% of the company's revenue output in the last year. In that capacity, he successfully grew and managed Cisco's outsourced manufacturing capabilities globally. He was also responsible for introducing many new high-end service provider products into volume production and for integrating the manufacturing operations of acquired companies. Prior to joining Cisco, Smith held operations management roles at Apple Computer, Boeing, and Texas Instruments.
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