Comverse (CMVT) Appoints Hypercom's Sobol as CFO
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Comverse Technology, Inc. (Nasdaq: CMVT) announced that, effective July 24, 2012, Thomas B. Sabol, the former Chief Financial Officer of Hypercom Corporation, will become Chief Financial Officer of CTI's wholly-owned subsidiary Comverse, Inc. ("CNS"), a global leader in business support solutions (BSS), mobile Internet and value-added services (VAS). Joel Legon, currently serving as CTI's interim Chief Financial Officer, will continue in such position and in a leadership position within the Global Finance team at CNS. As previously announced, CTI plans to spin off CNS as an independent public company in a transaction that is expected to become effective in the third quarter of this fiscal year.
Sabol joins Comverse following two years as Chief Financial Officer of Hypercom
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Sabol joins Comverse following two years as Chief Financial Officer of Hypercom
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