ARRIS Group (ARRS) Names New CEO and Exec. Chairman

August 23, 2016 4:31 PM EDT

Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.

ARRIS International plc (Nasdaq: ARRS) announced that its Board of Directors has appointed Bruce McClelland as Chief Executive Officer effective September 1, 2016. McClelland also was appointed to serve on the Board of Directors effective the same date. Bob Stanzione will become ARRIS Executive Chairman in addition to continuing to serve as Chairman of the Board of the Company.

"Since its formation, ARRIS has grown from a small joint venture to a global leader in entertainment and communications technology," said Bob Stanzione. "With integration efforts from the Pace acquisition substantially complete, now is the right time to transition the role of CEO to a new leader who will continue ARRIS's growth and success. Bruce has played an integral role in transforming the Company since he joined the ARRIS Interactive Joint Venture more than 16 years ago. He will provide leadership and strategic vision to keep ARRIS and our customers ahead of today's rapid pace of change and will ensure we remain at the forefront of tomorrow's connected world."

McClelland joined ARRIS in 1999 as Vice President of Engineering, leading the product development of the Company's voice and broadband products. As the Company expanded its product offering and global presence, McClelland served in multiple roles including Group President, for products and services, and General Manager of the Customer Premises Equipment unit. In his current role as President, Network & Cloud and Global Services, McClelland is responsible for overseeing the development and delivery of a diverse portfolio of broadband and video network infrastructure products and cloud-based software solutions, along with an extensive technical and professional services organization.

McClelland came to ARRIS following 11 years at Nortel Networks/Bell Northern Research (BNR). He began his career with BNR in Ottawa, Canada and was responsible for development of Nortel's SS7 switching products immediately prior to joining ARRIS. McClelland has a Bachelor of Electrical Engineering degree from the University of Saskatchewan.

"It is often said that a company takes on the personality of the CEO, and ARRIS is a perfect example of this adage. Bob Stanzione's relentless focus on 'Customer First' has become the motto for the company," said Bruce McClelland. "His belief in the people of ARRIS and his tireless drive to innovate and to exceed customer expectation has led ARRIS to where it is today. Our 'on demand, always connected' society will continue to fuel exponential Internet traffic growth, and ARRIS is in a strong position to continue to grow and deliver results for our employees, shareholders and customers. I am honored to have the opportunity to lead the ARRIS team at this exciting time in our history, and I look forward to continuing this tradition of commitment."

Stanzione will remain with ARRIS on a full-time basis as Executive Chairman. In this role, Stanzione will focus on strategic planning and customer engagement, as well as supporting Bruce as ARRIS CEO. Stanzione was the founding President and CEO of ARRIS Interactive LLC, the joint venture between Nortel Networks and ANTEC started in 1995, which became the modern-day ARRIS. Under Stanzione's leadership, ARRIS has grown organically as well as through acquisition, including the purchase of Motorola Home from Google and most recently the purchase of Pace. The company is now a global leader with projected 2016 revenues approaching $7 billion.

The appointment of McClelland as CEO is the culmination of a formal CEO succession process started in early 2016 by the Board of Directors. In connection with the process, the Board retained the firm of Spencer Stuart to assist with the extensive search process.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Management Changes, Management Comments

Related Entities

Twitter, Earnings, Definitive Agreement

Add Your Comment