Synchronoss Technologies appointed a new head after Glenn Lurie (pictured), president and CEO, resigned following allegations of personal misconduct.
The company named Jeff Miller, its chief commercial officer, as interim president and CEO.
In a statement, the company said Lurie’s resignation was not related to its strategy, financial or business performance, noting “given the expectation that all employees will respect Synchronoss’ values and adhere to the company’s code of conduct, the board has accepted Lurie’s resignation”.
The board said it will conduct an executive search to identify a permanent replacement.
Lurie, who joined as chief of Synchronoss in November 2017, is a high-profile US telecoms executive, previously serving as head of AT&T’s mobile business, where he was responsible for striking a deal with Apple to bring the iPhone exclusively to the US operator.
In May, Synchronoss slashed 10 per cent [1] of its staff (including CMO Mary Clark) and cut executive pay as part of a cost-reduction and restructuring effort designed to help the company weather the Covid-19 (coronavirus) pandemic and increase efficiency.
The statement added that the company will maintain its 2020 guidance on EBITDA at $20 million to $25 million as forecast on 10 August.
[1] https://www.mobileworldlive.com/featured-content/top-three/synchronoss-thins-management-ranks
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