Contact Information: Contact: Lynn Newman 908-953-8692 (office) 908-672-1321 (mobile) lynnnewman@avaya.com
Lou D'Ambrosio to Step Down as Avaya CEO and President for Medical Reasons
Charles Giancarlo to Assume Role Until Successor Is Named
| Source: Avaya Inc.
BASKING RIDGE, NJ--(Marketwire - June 9, 2008) - Avaya, a leading global provider of
business communications applications, systems and services, today announced
that President & CEO Lou D'Ambrosio will be stepping down for medical
reasons.
"Lou has been a guiding force at Avaya during his six-year tenure, the last
two as CEO," said Dave Roux, co-founder of Silver Lake and non-executive
chairman of Avaya. "He has shaped a compelling strategy, built a strong
team, and led the company through important technology transitions to
market share leadership. We cannot thank Lou enough for his tireless
leadership and inspiration, and we know he will attack this personal
challenge with the same winning spirit and determination he has brought to
the toughest business challenges."
"It has been a true privilege to serve the customers and team of Avaya,"
said D'Ambrosio. "I have been blessed to lead a company that has clear
technological leadership, a wonderful customer franchise, and the most
dedicated team in the industry. I will be passionately rooting for Avaya
and proudly watching the company thrive."
Avaya has engaged Heidrick & Struggles in a search for D'Ambrosio's
successor. Giancarlo will assume the Avaya CEO and president role full
time and will remain in that role until a successor is named. D'Ambrosio
will maintain an advisory role to the company.
About Avaya
Avaya delivers Intelligent Communications solutions
that help companies transform their businesses to achieve marketplace
advantage. More than one million businesses worldwide, including more than
90 percent of the FORTUNE 500®, use Avaya solutions for IP telephony, unified communications,
contact centers and
communications-enabled business processes. Avaya
Global Services provide comprehensive service and support for
companies, small to large. For more information, visit the Avaya Web site
at http://www.avaya.com.