Business Services Industry
Network Equipment Technologies Announces Chief Executive Change
Business Wire, July 19, 2005
FREMONT, Calif. -- Network Equipment Technologies, Inc. (NYSE:NWK), a global supplier of communications equipment, announced today that C. Nicholas Keating, Jr. has been appointed Chief Executive Officer on an interim basis, following the resignation of Hubert "Bert" Whyte. Mr. Whyte's resignation as CEO and Board member is effective today.
Mr. Keating has been a director of Network Equipment Technologies since 2001. He was a vice president and corporate officer of the company from 1987 to 1993, and has served as a corporate director and CEO at a number of other technology companies. Mr. Keating will serve as CEO until the Board of Directors completes its search for a new Chief Executive.
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Dixon Doll, chairman of Network Equipment Technologies, Inc.'s board of directors, said, "I would like to take this opportunity to thank Bert Whyte for his six years of service to the Company. We wish him every success in the future."
The company's Annual Meeting of Shareholders will be held at its Fremont, CA headquarters location on Tuesday, August 9, 2005, at 10:00 a.m. PDT. The company is located at 6900 Paseo Padre Parkway, Fremont, CA.
About Network Equipment Technologies, Inc.
Network Equipment Technologies, Inc. is a leading provider of networking equipment that enables enterprises, governments and carriers to adapt to a broadband future. An architect of the networking industry, net.com has been supplying service providers, governments and enterprises around the world with bulletproof networking technology for more than 20 years. net performance. net results. net.com. Visit www.net.com for more information.
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