Polycom, Inc. (Nasdaq: PLCM), the global leader in open, standards-based unified collaboration, today announced that Peter A. Leav has joined the company as President and Chief Executive Officer. He also will serve as a Director on Polycom’s Board of Directors.
During Leav’s tenure at NCR, revenues grew from $4.6 billion in 2009 to $5.7 billion in 2012. In his most recent role at NCR, Leav was Executive Vice President and President of Industry and Field Operations. Leav was responsible for leading a team of approximately 8,000 employees across 120 countries and for delivering annual revenue of more than $5.7 billion in 2012. He led NCR’s global go-to-market efforts, including the NCR Global Sales organization’s direct and indirect sales channels, Professional Services, and Industry Lines of Business, focusing on customers in the Financial Services, Retail, Hospitality, Travel and Technology and Telecom industries. Leav also led NCR’s Interactive Printer Solutions division, managing its global footprint of manufacturing and distribution capabilities. Leav was a member of NCR’s Executive Committee, helping to develop and execute on the company’s global strategy.About Polycom Polycom is the global leader in open, standards-based unified communications and collaboration (UC&C) solutions for voice and video collaboration, trusted by more than 415,000 customers around the world. Polycom voice and video solutions are powered by the Polycom® RealPresence® Platform, comprehensive software infrastructure and rich APIs that interoperate with the broadest set of communication, business, mobile and cloud applications and devices to deliver secure face-to-face video collaboration in any environment. Polycom and its ecosystem of over 7,000 partners provide truly unified communications solutions that deliver the best user experience, highest multi-vendor interoperability, and lowest TCO. Visit www.polycom.com or connect with us on Twitter, Facebook, and LinkedIn to learn how we’re pushing the greatness of human collaboration forward. Forward Looking Statements and Risk Factors This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding future priorities that include best customer experience, improving operating margin, and driving long-term shareholder value, and our future strategy, results, and innovation. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition on our product sales and for our customers and partners; the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do; potential fluctuations in results and future growth rates; risks associated with global economic conditions and external market factors; the market acceptance of our products and changing market demands, including demands for differing technologies or product and services offerings; possible delays in the development, availability and shipment of new products due to engineering, manufacturing or other delays; increasing costs and differing uses of capital; changes in senior management and key personnel that may cause disruption to the business; the impact of restructuring actions; our ability to successfully integrate our acquisitions into our business; and the impact of global conflicts that may adversely impact our business. Many of these risks and uncertainties are discussed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2013, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements.
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