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Avaya CFO to Retire

Garry McGuire will retire on Dec. 31; the company is searching for a successor.
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Avaya

(AV)

said Tuesday its chief financial officer, Garry K. McGuire, will retire at year-end.

The Basking Ridge, N.J., communications-network company has hired CFO specialist search firm Crist Associates to lead the search for his successor.

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McGuire will continue in a senior advisory role with Avaya through March 30, 2007.

Shares of Avaya were up 7 cents, or 0.6%, at $11.50 in recent trading Tuesday.