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Posted 27 January, 2021

CALIX, INC appointed new CEO

CEO Change detected for ticker NYSE:CALX in a 8-K filed on 27 January, 2021.


  In connection with Mr. Weening's appointment, Carl Russo, age 64, resigned his role as President effective January 27, 2021 and will continue to serve as Chief Executive Officer of the Company.  

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Overview of CALIX, INC
Technology • Software
Calix, Inc. provides cloud and software platforms, systems and services required to realize the unified access network. The firm offers broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. It enables communication service providers to provide a wide range of revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. The firm focuses on communications service providers access networks with the portion of the network, which governs available bandwidth and determines the range and quality of services that can be offered to subscribers. It also develops and sells carrier-class hardware and software products. The company was founded by Michael L. Hatfield and Carl E. Russo in August 1999 and is headquartered in San Jose, CA.
Market Cap
$2.28B
View Company Details
CALIX, INC 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


(b), (c) Resignation and Appointment of Officers


On January 26, 2021, the Company promoted and appointed Michael Weening, age 52, to the position of President and Chief Operating Officer of the Company effective January 27, 2021. In connection with Mr. Weening's appointment, Carl Russo, age 64, resigned his role as President effective January 27, 2021 and will continue to serve as Chief Executive Officer of the Company.


Mr. Weening joined Calix in June 2016 and previously served in executive roles as the Company's Executive Vice President, Chief Operating Officer since August 2020; as Executive Vice President, Global Operations from January 2019 until August 2020; as Executive Vice President, Field Operations from July 2018 until January 2019; as Executive Vice President, Sales and Marketing from November 2016 until June 2018; and as Executive Vice President, Sales from June 2016 until November 2016. Prior to joining Calix, Mr. Weening served as Senior Vice President, Global Customer Success and Services, Commercial Business of salesforce.com, inc.


There is no arrangement or understanding between Mr. Weening and any other persons pursuant to which Mr. Weening was selected as an officer, and there are no related party transactions involving Mr. Weening that are reportable under Item 404(a) of Regulation S-K.