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Miller Named New President and CEO of Polycom


May 10, 2010

Telepresence, video and voice communications solutions provider, Polycom, Inc. has announced its new president and CEO. Effective today, the Board of Directors has named Andrew Miller to this position in a move unified communications's Erik Linask says is an effort by Polycom to move to the future.


Robert Hagerty will step down as CEO, president and chairman and is resigning from the Board. In serving as an advisor to Miller and the Board, Hagerty will help to ensure a smooth transition.

As part of the CEO succession, Polycom's lead independent director, David DeWalt, will assume the role of chairman of the Board of Directors. The Board will appoint Miller to the Board of Directors following this year's Annual Stockholders Meeting.

'Andy Miller has been transformative in leading Polycom's shift to a more customer-centric execution model, which has already resulted in significant growth for the Company,' said David DeWalt, Polycom chairman of the Board of Directors, in a statement.

'Andy's industry track record, proven leadership, and customer skills make him the ideal CEO to take Polycom to the next level. I also want to thank Bob Hagerty for growing Polycom from $37M to $1.1B over his 13 year tenure and for recruiting Andy to the Company, enabling this seamless succession.'

Miller joined Polycom in 2009 as executive vice president of Global Field Operations and has been successfully leading the company's strategic initiatives to transform Polycom's go-to-market, build core strategic and service provider alliances. He has also been working to launch the Polycom Open Collaboration Network.

'As the leading independent company in the fast-growing unified collaboration space, I believe Polycom is uniquely positioned to capture this significant market opportunity,' said Miller. 'Polycom has unbelievable employee talent at all levels of the organization, an amazing customer base, and a strong array of strategic and channel partnerships.

"With the same passion, intensity, and efficiency that have already produced better than planned results, I look forward to leading Polycom to greater customer intimacy and a stronger profit model. I want to thank Bob for his many years of excellent leadership,' added Miller.

Bringing to Polycom a 28-year proven track record in the video and networking industries, Miller touts such positions as leadership roles at Cisco, CEO of Tandberg and Global President of IPC Information Systems, a trading technology and network connectivity provider.  
 

'It has been an honor to have led such a talented group of directors, management members, and employees during my time at Polycom,' said Mr. Hagerty. 'Andy is a perfect successor to lead Polycom through its next phase of growth. I am truly proud of what we have achieved thus far, and I believe Polycom has a tremendous opportunity in the exciting collaboration market.'
 

Miller received his BS in Business Administration from the University of South Carolina. He currently serves on the Board of Directors for BroadSoft, is a former chairperson for the Stanford Executive Education Program and a former fellow at the Aspen Institute.

Last month, Polycom announced last month a portfolio of Unified Communications Professional Services. According to Miller, Polycom UC Professional Services will provide the proper planning and deployment to help the company's customers maximize the benefits and value of their investments and deliver an accelerated return.

 


Susan J. Campbell is a contributing editor for unified communications and has also written for eastbiz.com. To read more of Susan's articles, please visit her columnist page.

Edited by Stefania Viscusi




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