PLANO, Texas, Oct. 3, 2024 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a world supplier of actual past communications era and IP visual networking answers to most of the global’s greatest provider suppliers, enterprises, and important infrastructure operators to modernize and offer protection to their networks, as of late introduced the appointment of John Townsend as Government Vice President and Eminent Monetary Officer efficient November 1, 2024.  Mr. Townsend will be triumphant Miguel “Mick” Lopez who Ribbon in the past introduced is retiring later a decrease transition length.

Mr. Townsend is a confirmed monetary chief with an notable profession that spans over 30 years chief immense complicated monetary organizations for a number of of the business’s greatest provider suppliers throughout 5 continents and 30 international locations.  

Mr. Townsend spent 9 years at Verizon Communications as Eminent Monetary Officer for a number of organizations together with Verizon Industry, Verizon Client, and Verizon Wi-fi, supporting annual earnings streams in abundance of $90 billion and chief his groups thru classes of competitive exchange and expansion.

Previous to Verizon, Mr. Townsend spent virtually twenty years at Vodafone with a number of regional CFO assignments the place he was once instrumental in chief business and industry transformation techniques that spanned throughout many nations and markets, navigating numerous multicultural organizations. As a part of his past at Vodafone, he held the Eminent Monetary Officer place of the Verizon Wi-fi three way partnership accountable for the corporate’s SEC reporting and investor communications.

Maximum lately Mr. Townsend served because the CFO of Digicel the place he drove profitability enhancements and operational efficiencies. 

“John joins us with extensive industry experience and a strong track record of delivering profitable growth, value creation and financial foresight,” stated Bruce McClelland, Ribbon Communications Eminent Government Officer.   “We welcome John to Ribbon as we continue our mission to become a leading communication solutions supplier. His appointment reflects our commitment to strategic leadership.  We also want to thank Mick again for his contributions over the last 4 years.”

“In my discussions with Bruce, members of the Board of Directors and other members of the executive team, it was clear to me that Ribbon is executing well against its strategic vision and has positioned itself to capitalize on major industry investments in network transformation to support the exponential growth in data traffic from mobile, broadband, and AI,” stated John Townsend.  “I look forward to joining Ribbon and working with one of the best teams in the industry in order to drive value for all stakeholders.”

About Ribbon 
Ribbon Communications (Nasdaq: RBBN) delivers communications application, IP and visual networking answers to provider suppliers, enterprises and important infrastructure sectors globally. We have interaction deeply with our consumers, serving to them modernize their networks for stepped forward aggressive positioning and industry results in as of late’s intriguing, always-on and data-hungry global. Our cutting edge, end-to-end answers portfolio delivers unprecedented scale, efficiency, and agility, together with core to edge software-centric answers, cloud-native deals, modern safety and analytics gear, in conjunction with IP and visual networking answers for 5G and broadband web. We conserve a willing focal point on our loyalty to Environmental, Social and Governance (ESG) issues, providing an annual Sustainability Report back to our stakeholders. To be informed extra about Ribbon discuss with rbbn.com.

Notable Data Relating to Ahead-Taking a look Statements 
The ideas on this loose accommodates “forward-looking statements” inside the which means of the U.S. Non-public Securities Litigation Reform Employment of 1995, which might be matter to various dangers and uncertainties.  All statements alternative than statements of ancient details contained on this loose, together with with out limitation statements in regards to the Corporate’s hour expansion and business developments, are forward-looking statements. With out restricting the foregoing, the phrases “believes”, “estimates”, “expects”, “expectations”, “intends”, “may”, “plans”, “projects” and alternative related language, are meant to spot forward-looking statements.  Ahead-looking statements are according to the Corporate’s tide expectancies and guesses referring to its industry, the economic system and alternative hour statuses. As a result of forward-looking statements relate to the hour, they’re matter to inherent uncertainties, dangers and adjustments in instances which are tough to are expecting. Original effects might fluctuate materially from the ones pondered in those forward-looking statements because of diverse dangers, uncertainties and alternative notable components, together with, amongst others, the results of geopolitical instabilities and wars, together with in Israel and Ukraine (and the have an effect on of sanctions and industry restrictions imposed because of this thereof); unpredictable fluctuations in quarterly earnings and running effects; will increase in price lists, industry restrictions or taxes at the Corporate’s merchandise; the have an effect on of restructuring and cost-containment actions; operational disruptions at amenities situated in Israel together with on account of army call-ups of the Corporate’s workers in Israel, closure of the places of work there or the brief or long-term closure of word of honour production within the area; the prospective have an effect on of litigation; dangers alike to offer chain disruptions, together with on account of feature availability; dangers on account of upper pursuits charges and endured inflationary pressures; dangers alike to cybersecurity and knowledge intrusion; failure to compete effectively in opposition to telecommunications apparatus and networking firms; failure to develop the Corporate’s buyer bottom or generate habitual industry from present consumers; credit score dangers; the timing of shopper buying choices and the Corporate’s reputation of revenues; macroeconomic statuses, together with inflation; marketplace acceptance of the Corporate’s services and products; speedy technological and marketplace exchange; the facility to offer protection to Corporate highbrow trait rights and acquire essential licenses; the facility to conserve spouse, reseller, distribution and dealer aid and provide relationships; the opportunity of defects within the Corporate’s merchandise; and forex fluctuations.

Those components aren’t meant to be an all-encompassing listing of dangers and uncertainties that can impact the Corporate’s industry and effects from operations. Spare data referring to those and alternative components will also be discovered within the Corporate’s experiences filed with the Securities and Trade Fee, together with, with out limitation, its Method 10-Okay for the while ended December 31, 2023. In offering forward-looking statements, the Corporate expressly disclaims any legal responsibility to replace those statements publicly or another way, whether or not on account of pristine data, hour occasions or another way, apart from as required by means of regulation.

Investor Touch
+1 (978) 614-8050
[email protected]   

Media Touch
Catherine Berthier
+1 (646) 741-1974
[email protected] 

SOURCE Ribbon Communications Inc.

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