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Avanex CEO Terminated, CFO Resigns

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Avanex Corp. announced the termination of Jo Major as president and chief executive officer, due to the inability of Major and the board of directors to work together effectively. Major also resigned from the board. Giovanni Barbarossa, PhD, has been named interim CEO. Barbarossa has been with Avanex since February 2000, and has served as senior vice president and chief technology officer since May 2002. Previously, he ran the Active Component Business Unit. Avanex also announced the resignation of Marla Sanchez as senior vice president and chief financial officer. The board has begun a CEO and CFO search; Paul Smith, a current board member, has been named as nonexecutive chairman. Smith has served on Avanex's board since November 2007. He is currently president and CEO of PacketMotion, a network security company.
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Published: July 2008
Glossary
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
AvanexdefenseGiovanni BarbarossaJo MajorMarla SanchezNews BriefsPacketMOtionphotonicsPhotonics Tech Briefs

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