VONAGE HOLDINGS CORP. (NYSE:VG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
Holdings Corp. (the Company) elected Hamid Akhavan to serve as a
member of the Companys Board of Directors. Mr. Akhavan will
participate in the Companys standard director compensation
arrangements applicable to directors who are not employees of the
Company, as described in the Companys Proxy Statement filed with
the Securities and Exchange Commission on April 25, 2016 and
incorporated herein by reference. Mr. Akhavan will serve as a
Class I director of the Company and will be nominated for
re-election at the 2019 annual meeting of stockholders.
Long Arc Capital, joining that firm in January 2016. Prior to
that, Mr. Akhavan was a Principal at Telecom Ventures LLC from
July 2014 to December 2015. Mr. Akhavan served as Chief Executive
Officer of Unify Inc. (formerly Siemens Enterprise
Communications) from February 2010 to January 2014 and previously
served as Chief Operating Officer of Deutsche Telecom and Chief
Executive Officer of T-Mobile International. He holds a B.S.
degree in electrical engineering from California Institute of
Technology and a M.S. degree in electrical engineering from
Massachusetts Institute of Technology.
copy of the press release announcing the election of Mr. Akhavan
is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
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99.1 Press Release issued by Vonage Holdings Corp.
December 22, 2016 |
About VONAGE HOLDINGS CORP. (NYSE:VG)
Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and business communication solutions across multiple devices. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration and mobile applications over its scalable session initiation protocol (SIP)-based voice over Internet protocol (VoIP) network. It serves a range of business markets, including the small and medium business (SMB), mid-market and enterprise segments. Its business solutions’ product families include Vonage Essentials, based on its call processing platform that is purpose-built for SMB and mid-market customers, and Vonage Premier, based on Broadsoft’s call processing platform in combination with its cloud-based solutions. Its consumer services strategy is focused on the North American markets. VONAGE HOLDINGS CORP. (NYSE:VG) Recent Trading Information
VONAGE HOLDINGS CORP. (NYSE:VG) closed its last trading session 00.00 at 6.91 with 767,902 shares trading hands.
