NetScout Names David Sommers Executive Vice Chairman; Jean Bua Named Chief Financial Officer
Date: Monday December 5, 2011
NetScout Aligns Executive Leadership Team for the Next Wave of Growth
Westford, MA. – December 5, 2011 – NetScout® Systems, Inc. today announced that Chief Financial Officer David Sommers has been appointed to the role of Executive Vice Chairman effective immediately. In addition, effective immediately, Jean Bua, Chief Accounting Officer and Vice President, Finance, will assume the responsibilities of Chief Financial Officer.
“As NetScout enters its 27th year, it is essential that our management team is well aligned to enable us to deliver consistent, focused execution,” said Anil Singhal, Chairman and Chief Executive Officer, NetScout. “Service delivery management is becoming more strategically important to enterprises and service providers, and NetScout is committed to capturing the tremendous opportunities that this market transition presents. These two appointments are part of our executive team development and succession planning that will enable us to take advantage of these new strategic growth opportunities.”
In his new position at NetScout, Sommers will have responsibility for corporate development and investor relations. This will include assisting the chairman with corporate strategy, mergers and acquisitions, strategic partnerships and channel development. Sommers will now report to Anil Singhal, Chairman and Chief Executive Officer. Sommers joined NetScout in early 2000 as Chief Financial Officer and has held senior financial leadership roles in the technology sector.
“David is an experienced leader who has been instrumental in NetScout’s growth and maturation over the past 11 years,” said Singhal. “In his expanded role, his insight and leadership will be important in helping NetScout to achieve its growth potential.”
Effective immediately, Jean Bua will assume the role of Chief Financial Officer and will now have expanded responsibility for the company’s global financial strategies and functions. This will include accounting, financial planning and analysis, treasury, tax and real estate development. Bua will report to Michael Szabados, Chief Operating Officer.
“Jean joined NetScout a year ago and has made significant contributions to the company,” said Singhal. “Jean has demonstrated strong executive leadership and financial management skills and brings the depth and experience needed to manage our next wave of growth. I am pleased to have Jean succeed David as CFO.”
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About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ: NTCT) is the market leader in Unified Service Delivery Management enabling comprehensive end-to-end network and application assurance. For 27 years, NetScout has delivered breakthrough packet-flow technology that provides trusted and comprehensive real-time network and application performance intelligence enabling unified assurance of the network, applications and users. These solutions enable IT staff to predict, preempt and resolve network and service delivery problems while facilitating the optimization and capacity planning of the network infrastructure. NetScout nGenius® and Sniffer® solutions are deployed at more than 20,000 of the world’s largest enterprises, government agencies, and more than 148 service providers, on over one million network segments to assure the network, applications, and service delivery to their users and customers. More information about NetScout is available at http://www.netscout.com.
NetScout, nGenius, InfiniStream and Sniffer are registered trademarks of NetScout Systems, Inc.
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