Thursday, October 20, 2011

MRV Communications Shuffles Board

Chatsworth-based MRV Communications, the developer of optical transport and other networking components, said Thursday afternoon that its current Chairman, Dr. Ken Shubin Stein, has resigned from the board, and has been replaced by current board member Philippe Tartavull. The firm also said that Dilip Singh, the firm's CEO, has also resigned from the board, but remains as CEO. Reasons for the board shuffle were not detailed, although the firm did say it had added Robert Pons and Ken Traub to the board to replace the departing members. MRV also said it will "negotiate in good faith" and extension of Singh's employment contract.

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