Ribbon Communications Inc. Announces CEO Departure

Ribbon Communications Inc. (NASDAQ:RBBN), a global software leader in secure and intelligent cloud communications, today announced the departure of its President and Chief Executive Officer, Franklin (Fritz) W. Hobbs,

Benzinga · 11/14/2019 14:19

Ribbon Communications Inc. (NASDAQ:RBBN), a global software leader in secure and intelligent cloud communications, today announced the departure of its President and Chief Executive Officer, Franklin (Fritz) W. Hobbs, effective today.  The Board has appointed Steven Bruny, Executive Vice President, Global Sales and Services, and Kevin Riley, Executive Vice President and Chief Technology Officer, as Interim Co-Presidents and Chief Executive Officers.  Messrs. Bruny and Riley will assume Mr. Hobbs' duties while Ribbon's Board of Directors works with One Degree Partners, a leading global executive search firm, to recruit a new CEO for Ribbon.