Vonage will have a new CEO on July 1, the Homdel-based cloud communications provider announced on Monday.
The company’s board of directors has appointed Rory Read as CEO and member of the board. Read will succeed Alan Masarek, who is stepping down from the role. Masarek will work with Read to ensure a smooth transition.
“Rory is a technology industry veteran with a unique background and strong understanding of SaaS and software. He is a proven leader and the ideal CEO to drive Vonage into its next era of growth. With the support of our experienced board, I know Rory will be able to leverage his significant expertise to further transform the business and position the company to create substantial shareholder value. We look forward to embarking on this exciting new chapter together,” Jeffrey Citron, chairman of the Vonage board of directors, said.
Read, who has about three decades of experience in the technology industry, will join Vonage from Dell Technologies, where he is serving as chief operating executive and CEO and president of Virtustream, a business of Dell. He also served as executive vice president of Dell Technologies Boomi, a SaaS integration platform provider. Before Dell, he was the CEO, president and member of the board of directors of AMD. Previously, he was chief operating officer and president at Lenovo. Additionally, he spent 23 years at IBM.
“This is truly an exciting time to be joining Vonage. The need for businesses to accelerate their digital transformation through communications is expanding at an unprecedented pace,” Read said. “Vonage’s Communications Services Platform brings unique value through the integration of multiple communications channels – video, voice, messaging, chat and verification – into customers’ applications, products and workflows. This delivers both the power and the flexibility for our customers to create new emerging paradigms in their industries, and enables the type of business continuity, remote work, and remote delivery of services that is so critical in today’s environment. This is why customers across the planet increasingly choose Vonage.”