Texas-based Aviat Networks, Inc. (NASDAQ: AVNW) announces the departure of its CFO Eric Chang, and the appointment of David M. Gray as its new Senior Vice President and CFO effective immediately. Eric will though remain with the company in an advisory capacity for a period of time.
“On behalf of the Board of Directors and the entire Aviat team, I thank Eric for his dedication to the company over the past 5 years,” said Pete Smith, CEO of Aviat. “Eric has been instrumental to our success and problem-solving.” Eric commented, “Reflecting on my time at Aviat, I am proud of our progress and the evolution of Aviat Networks. I wish Aviat continued success and will support David in his transition.”
Prior to his current role, David was the CFO and Treasurer of Superior Essex – a global manufacturer and distributor of communications and electrical equipment. Before that, he served as the VP – Finance at Cooper Industries where he was CFO of the business focused on electrical, electronic and power management solutions. David had also held various positions at Newell Brands, Philips Electronics and Autolive.
“David comes to Aviat with significant CFO experience in complex multi-national businesses with a deep background in P&L leadership, cash flow management, and M&A,” said Pete. “I am looking forward to leveraging David’s knowledge and experience to accelerate Aviat into our next phase of growth.”
“I am extremely excited to join Aviat as CFO,” said David Gray, CFO of Aviat Networks. “I look forward to working with Pete and the management team to implement the company’s aggressive strategy for growth.”
Aviat CEO concluded, “We are looking forward to our next earnings call. The guidance issued on August 25, 2021 is affirmed.”
