News - Jeffrey A. Citron
Vonage, a provider of digital phone services, has appointed Marc Lefar as its new CEO. He replaces interim CEO Jeffrey Citron, who had assumed the additional role in April of 2007. Mr Citron will assume the role of non-executive chairman of the board and serve as a consultant on long-term strategy.
To: MEDICAL EDITORS Contact: Jennifer Vertetis of Charles Lafitte Foundation, jennifer@charleslafitte.org; or Lauren Ely of MWW Group, +1-201-964- 2437, lely@mww.com, for the Foundation BRIELLE, N.J., Feb.
Vonage, a provider of broadband telephone services, has appointed Russell Dauer as its new senior vice president of product development. Mr Dauer has served as vice president at engineering of the Emerging Technologies division at Avaya.
The news has rarely been better for Vonage after a nightmarish year of lost patent battles and weakening growth that left the Internet phone company drifting toward bankruptcy. In its third-quarter update on Nov. 8, Vonage reported that operations turned cash-flow positive for the first time.
By PETER SVENSSON NEW YORK - Internet phone company Vonage Holdings Corp., which was the subject of bankruptcy speculation only a few months ago, took another step toward putting its troubles behind it on Thursday.
