Friday, April 12, 2013

Alvarion's CEO Resigns

Hezi Lapid has resigned as President and Chief Executive Officer of Alvarion.

In addition, Robin Hacke is resigning from her position as a member of the company's board of directors, effective immediately.

"The company intends to continue implementing its turnaround plan, which during the past year has been realized through the pending sale of its carrier licensed business to Telrad Networks, the sale of certain patents, and the refocus on being a pure play in high growth vertical and Wi-Fi markets," said Amnon Yacoby, Chairman of the Board.

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