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June 10, 2013 /PRNewswire/ --
Meru Networks, Inc., (NASDAQ: MERU), a leader in virtualized 802.11n Wi-Fi networks, today announced that its board of directors has appointed
Brian R. McDonald, as Chief Financial Officer, effective
June 11, 2013. Mr. McDonald has served as CFO in a number of rapidly growing Silicon Valley technology companies, including both publicly traded and private companies, such as eASIC, Inc., Advanced Analogic Technologies, Monolithic Power Systems and Elantec Semiconductor, Inc. He holds a B.S. in business administration from the University of
Santa Clara. Mr. McDonald succeeds
Brett White, who has resigned his position as CFO, effective on that date, and who will remain with the Company through
July 1, 2013 to effect a smooth transition.
"Brian has more than 30 years of financial and business experience with both private and public technology companies in Silicon Valley, and has demonstrated his ability to support the financial and operational requirements of rapidly growing companies. In addition to his impressive operational background, Brian brings to Meru a unique combination of financial expertise and strong interpersonal skills," said
Bami Bastani, President and CEO. "I was fortunate to have previously worked with Brian and am delighted to now have his assistance in guiding Meru through its continued transformation. I also want to express my gratitude to Brett for his outstanding service to the Company over the past five and a half years. Brett was instrumental in leading Meru through its evolution from privately held to successful NASDAQ listed company. We wish him and his family well with their upcoming relocation to pursue an opportunity with a private, venture-backed technology company."
Mr. McDonald commented, "I am extremely pleased to be joining Meru at this pivotal time and am excited about our prospects for growth with our leading edge solutions. I look forward to working with the Meru executive team, board of directors and employees to continue to grow the company, and to provide increased value for its stockholders and customers."