Extreme Networks (EXTR) Taps Cree's (CREE) Kurtzweil as CFO

May 22, 2012 8:31 AM EDT Send to a Friend
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Extreme Networks, Inc. (Nasdaq: EXTR) announced that John T. Kurtzweil will join the Company as chief financial officer and senior vice president. Kurtzweil comes to Extreme Networks from Cree, a $1 billion company and market leader in LED technology. On June 29th, Kurtzweil will succeed Interim CFO Jim Judson, who will continue as a consultant during a transition period.

Kurtzweil has more than 15 years of experience as the CFO of publicly-traded companies and has led strategic planning cycles, M&A teams, and finance operations focused on improving shareholder value. He has worked as CFO with leading technology companies such as Cree (Nasdaq: CREE), Cirrus Logic and ON Semiconductor. Kurtzweil also worked for Read-Rite Corporation, Maxtor Corporation and Honeywell Incorporated. During his six-year tenure at Cree, Kurtzweil transformed the finance organization and helped the company grow from $396 million in annual revenue at the end of his first year to more than $1 billion in annual revenue today, with zero debt.


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