Neophotonics Announces CFO Fay Resigns, Cal Hoaland Named Interim CFO
NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of photonic integrated circuit, or PIC, based optoelectronic modules and subsystems for bandwidth-intensive, high speed communications networks, today reported that James D. Fay , its Senior Vice President of Finance and Chief Financial Officer, has announced his resignation in order to pursue another career opportunity. The Company has retained an executive search firm to secure a successor. To assist with the transition, Mr. Fay will remain an employee until November 11, 2013 and remain as a consultant through March 15, 2014 .
The Company also announced that it has retained Cal Hoagland as the interim Chief Financial Officer of the Company. Mr. Hoagland is a principal of FLG Partners, LLC , a leading Silicon Valley chief financial officer services and board advisory consultancy firm. Mr. Hoagland will serve as the Company's interim Chief Financial Officer until the Company completes its search for a new Chief Financial Officer.
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