Vonage Names Google Executive as CEO
Vonage (VG) today named Google (GOOG) executive Alan Masarek as its CEO, effective Nov. 6. Masarek also will join Vonage's board of directors.
Vonage (VG) today named Google (GOOG) executive Alan Masarek as its CEO, effective Nov. 6.
The Holmdel, New Jersey-based communications and voice-over-IP (VoIP) services provider also announced Masarek will join its board of directors.
“Masarek has a proven record of success. His deep background in mobile and software, as well as in both the consumer and enterprise space, will serve Vonage well,” a Vonage spokesperson told Talkin’ Cloud.
Masarek will replace Marc Lefar, who will retire as Vonage’s CEO and from the company’s board of directors on Nov. 5.
“I am honored to take the helm at Vonage,” Masarek said in a prepared statement. “I am excited to build upon Vonage’s strong foundation and lead the company in its next phase of growth toward becoming the premier provider of cloud-based communications for consumers and businesses worldwide.”
Vonage Chairman Jeffrey Citron added he believes Masarek can guide his company for years to come.
“Alan is a proven business leader,” Citron said. “Alan’s leadership qualities, deep experience in technology innovation and proven ability to develop breakthrough products and services that drive profitable growth make him the ideal choice to be Vonage’s CEO.”
Masarek brings more than 20 years of C-level experience to Vonage
Citron noted Masarek has more than 20 years of C-level experience at technology-centric companies that span corporate, venture and entrepreneurial settings.
Masarek previously served as director of Google’s Chrome & apps division. He also co-founded Quickoffice, which Google acquired in June 2012.
Vonage recorded $219 million in revenue in the second quarter of this year, up from $205 million during the same period in 2013.
The communications and VoIP services provider supports approximately 2.5 million subscriber lines worldwide.
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