This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

MRV Appoints Stephen Garcia Chief Financial Officer

MRV Communications, Inc. (OTCQB: MRVC) ("MRV" or the "Company"), a leading provider of optical communications network infrastructure equipment and integration and managed services, today announced it has appointed Stephen Garcia as Chief Financial Officer and Beth Arnold as Vice President of Finance. Mr. Garcia and Ms. Arnold replace Chris King and Blima Tuller, respectively, whose last day at MRV was March 30, as previously announced. Mr. Garcia and Ms. Arnold were retained by the Company through an agreement it entered into with Avant Advisory Group, LLC on February 23, 2012. Mr. Garcia and Ms. Arnold have been working closely with Mr. King, Ms. Tuller and the rest of the MRV finance staff during this transition period to prepare for assuming their new responsibilities.

Barry Gorsun, Chief Executive Officer of MRV, commented, “I am delighted to welcome Steve and Beth to the MRV executive team. They are outstanding professionals that will enhance our executive leadership team. I expect them to serve an important role in executing our operating and strategic plans.”

"We thank Chris and Blima for their contributions to MRV; and particularly for facilitating an effective transition of the Finance Department in cooperation with Steve and Beth. We wish them the best in their future endeavors," stated Kenneth Traub, Chairman of the Board of Directors. “The Board fully supports Barry and his executive team which is focused on implementing our strategic plan to maximize shareholder value.”

MRV engaged Avant Advisory Group, LLC to provide the Company with senior professionals with high-level finance experience who could serve in the Chief Financial Officer and VP, Finance roles. Garcia has over 20 years of financial and executive management experience in a number of sectors, including telecommunications. With Avant, Garcia has acted in the capacity of chief financial officer for other public and private companies. Arnold brings over 15 years of financial management experience. She is skilled in a number of industries, and is well-versed in SEC compliance and financial reporting.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FB $117.80 -0.22%
GOOG $701.26 0.80%
TSLA $211.34 -5.00%
YHOO $36.94 2.60%
AAPL $93.21 -0.44%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs