UTStarcom Names New CFO
UTStarcom Holdings Corp. ("UTStarcom" or the "Company") (NASDAQ: UTSI), a leading provider of broadband equipment and solutions, today announced that it has appointed Mr. Tianruo (Robert) Pu, Chairman of the Company's Audit Committee and an independent director of the Board, as the Company's Chief Financial Officer, effective immediately. Mr. Pu replaces Ms. Jin Jiang, who has resigned to pursue other opportunities.
Mr. William Wong, UTStarcom's Chief Executive Officer, stated, "We are very pleased to welcome Mr. Pu to the management team. He brings to UTStarcom more than 15 years of financial and public company experience and has a proven track record of leading and enhancing companies' financial strategies. In addition, he has demonstrated his extensive financial expertise and strategic insight as the Chairman of the Audit Committee and a Board member of UTStarcom. His experience, leadership, and familiarity with our business make him an ideal choice to help lead UTStarcom as we move on to the next phase of our transformation."
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