(NASDAQ: RVBD), the application performance company, announced that it appointed Eric Wolford to its board of directors yesterday at its regularly scheduled quarterly board meeting. Wolford currently serves as Riverbed’s President, Product Group. Wolford’s unique ability to align product strategies to market priorities will continue to guide Riverbed’s long-term corporate vision and technology innovations in his new role as a member of the Riverbed® Board of Directors and of the Board’s Strategy Committee.
“Eric’s breadth and depth of industry expertise has benefited Riverbed for the past eleven years,” said Jerry M. Kennelly, chairman and CEO at Riverbed. “IT organizations are looking to re-architect today’s enterprise IT infrastructures in pursuit of cost efficiency, manageability, and flexibility. As we enter into our twelfth year in business and continue to see growth from our application acceleration and performance solutions, we look forward to the many contributions and new perspectives that Eric will bring to our team as a member of the board.”
At the same time, Riverbed announced that Wolford will be retiring from his daily responsibilities as a member of executive management in the fourth quarter of this year. After a long and successful run leading the products and marketing function at the company, Wolford will share his talents with Riverbed as a member of the board.
“Riverbed's performance offerings solve many of the challenges enterprises face as we move to the next generation of IT. The rapid changes we are seeing in application delivery models and software defined networking represent significant growth opportunities for the company,” said Wolford. “Riverbed’s technology and value proposition remain exciting and I am thrilled with the opportunity to continue my close association with the company. I look forward to working together with the Board and contributing to the future direction and growth of Riverbed.”