x

Posted 18 October, 2022

Avaya Holdings Corp. appointed new CEO

CEO Change detected for ticker NYSE:AVYA in a 8-K filed on 18 October, 2022.


  On October 12, 2022, it was determined that Stephen Spears would step down from his role as Avaya Holdings Corp.'s (the "Company") Executive Vice President, Chief Revenue Officer, effective as of October 18, 2022. Mr. Spears will remain an employee of the Company until November 1, 2022 to support the transition of his responsibilities to Alan Masarek, the Company's President and Chief Executive Officer, until Mr. Spears' successor is hired.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Avaya Holdings Corp.
Technology • Networking
Avaya Holdings Corp. is a global provider of digital communication products, solutions and services for businesses. It operates through the following segments: Products & Solutions and Services. The Products & Solutions segment develops, markets and sells unified communications and collaboration and contact center solutions, offered on-premise, in the cloud or as a hybrid solution. These integrate multiple forms of communications including telephony, email, instant messaging, and video. The Services segment develops, markets and sells comprehensive end-to-end global service offerings that enable customers to evaluate, plan, design, implement, monitor, manage and optimize complex enterprise communications networks. The company was founded on June 1, 2007 and is headquartered in Durham, NC.
Market Cap
$105M
View Company Details
Avaya Holdings Corp. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; 

Compensatory Arrangements of Certain Officers.


On October 12, 2022, it was determined that Stephen Spears would step down from his role as Avaya Holdings Corp.'s (the "Company") Executive Vice President, Chief Revenue Officer, effective as of October 18, 2022. Mr. Spears will remain an employee of the Company until November 1, 2022 to support the transition of his responsibilities to Alan Masarek, the Company's President and Chief Executive Officer, until Mr. Spears' successor is hired. Mr. Spears will be eligible to receive benefits under the Avaya Inc. Involuntary Separation Plan for Senior Executives, which is described in the Company's Proxy Statement filed with the Securities and Exchange Commission on January 18, 2022.