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UTStarcom (UTSI) Chairman Resigns, CEO Lu to Succeed

December 30, 2011 11:05 AM EST
UTSI Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +9.7%
UTStarcom (Nasdaq: UTSI) announces the company's Chairman Thomas Toy has resigned, effective March 31st, 2012.

The company has named Jack Lu, the CEO, as Toy's replacement at the Chairman helm.


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