AUSTIN,
Texas, May 28, 2024 /PRNewswire/ -- Aviat
Networks, Inc. (NASDAQ: AVNW), the leading expert in
wireless transport and access solutions, is announcing the
appointment of Michael C. Connaway
as Senior Vice President and Chief Financial Officer. Mr.
Connaway's employment with the Company is effective as of today,
and he will serve as the Company's Principal Financial Officer.
"We are thrilled to welcome Michael to the Aviat team. Given his
tremendous track record across multiple industries, end markets,
and operating environments and his past success leading profit and
loss statements ranging from $2.5 to
$7 billion, he is uniquely suited to
drive value for Aviat's customers, shareholders, and employees",
said Peter A. Smith, President and
CEO of Aviat Networks. "Michael brings more than 20 years of
leadership experience in financial and business management for
billion-dollar organizations. With this experience, he will help
Aviat as we scale to the next level of growth. I would also like to
thank David Gray for his commitment
and dedication to Aviat over the past three years as the company
experienced strong growth."
Prior to joining Aviat, Michael was Vice President and Chief
Financial Officer of Honeywell's Energy & Sustainability
Solutions segment, and before that served in CFO capacities leading
finance in its Safety & Productivity Solutions segment, and
Advanced Materials business.
Michael started his career with General Electric, beginning in
its financial management program and corporate audit group, before
progressing to executive finance leadership positions within its
Healthcare business. Before Honeywell, Michael served as Chief
Financial Officer of ABB's Industrial Solutions business, after it
was acquired from GE Energy Connections. Mr. Connaway was
instrumental in integrating Industrial Solutions into ABB's
Electrification segment, driving post transaction synergies,
fostering a culture of performance excellence, and instilling
greater financial and operational rigor across all business
processes. Michael holds a Bachelor of Science degree in Finance
from Boston College.
Mr. Connaway added, "I couldn't be more excited to join Aviat
and look forward to working closely with Pete, the leadership team,
and our talented employees as we seek to continue to grow our
business, drive process discipline & productivity leveraging
Aviat's operating model, and further differentiate through
performance versus our peer group. I will build on and add to
Aviat's reputation for excellence, its strong competitive position,
and ability to grow profitably. Ultimately, I will focus on further
entrenching & broadening Aviat's unique capabilities in
how we serve our customers, creating & capitalizing upon new
growth opportunities – both organic and inorganic, and in the end
will seek to relentlessly create incremental value for our owners,
every day."
About Aviat Networks
Aviat Networks, Inc. is the
leading expert in wireless transport and access solutions and
works to provide dependable products, services and support to its
customers. With more than one million systems sold into 170
countries worldwide, communications service providers and private
network operators including state/local government, utility,
federal government and defense organizations trust Aviat with their
critical applications. Coupled with a long history of microwave
innovations, Aviat provides a comprehensive suite of localized
professional and support services enabling customers to drastically
simplify both their networks and their lives. For more than 70
years, the experts at Aviat have delivered high performance
products, simplified operations, and the best overall customer
experience. For more information,
visit www.aviatnetworks.com or connect with Aviat
Networks on Facebook and LinkedIn.
Investor Relations:
Andrew
Fredrickson
Phone: (408) 501-6214
Email: andrew.fredrickson@aviatnet.com
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SOURCE Aviat Networks, Inc.