Vonage CFO Pearson to retire

The chief financial officer at Vonage is retiring, the Holmdel-based business communications company announced Monday.

Vonage Holdings Corp. said David Pearson will remain as CFO through May and then become a special adviser to ensure a smooth transition with his replacement.

Pearson, who helped transform Vonage from a consumer telephone firm into a leader in business cloud communications, has served in the role since 2013. Prior to Vonage, he was at Coopers & Lybrand and, before that, spent 19 years in investment banking, mostly with Goldman Sachs & Co.

“On behalf of the company and board of directors, I want to thank Dave for his seven years of exemplary service to Vonage. Dave was instrumental in developing and executing the acquisition strategy that repositioned the company in growth markets, resulting in Vonage becoming a leader in business cloud communications and a growing and profitable consolidated company,” Vonage CEO Alan Masarek said.

“I would like to thank the board, Alan, and the talented team at Vonage. It has been a privilege to work alongside them, and I am grateful for the seven exciting and impactful years at the company. I am confident that with the full portfolio of owned cloud communications products, a strong long-term balance sheet, and a world-class finance team, Vonage has a bright and successful future,” Pearson said.