Aviat Networks Appoints Michele Klein to its Board of Directors

Rhea-AI Summary

Aviat Networks (NASDAQ: AVNW) announced the appointment of Michele Klein to its board of directors on May 17, 2021. Klein brings extensive experience in corporate growth and mergers & acquisitions, particularly in the systems, software, and energy sectors. As a former senior director at Applied Ventures, she possesses a strong background in investment strategy. John Mutch, Aviat's Chairman, praised her for her growth orientation and governance expertise, emphasizing her potential to enhance the company's growth strategy and profitability, benefiting shareholders significantly.

Positive

• Michele Klein brings valuable corporate growth and M&A experience.
• Her background aligns with Aviat's private network business, indicating a strategic fit.
• Her appointment is expected to strengthen the board's leadership and governance.

Negative

• None.

AUSTIN, Texas, May 17, 2021 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, announced the appointment of Michele Klein to its board of directors.

Ms. Klein is a public company director and accomplished executive with experience leading corporate growth and M&A initiatives. Her extensive background and perspective in systems, software, and the energy sector align well with Aviat's worldwide private network business and will help guide Aviat's strategy in these areas. Ms. Klein is also an accomplished investment strategist, having served as a senior director of Applied Ventures, the venture capital arm of Applied Materials, Inc., where she recommended and managed investments, and represented Applied on the boards of seven technology companies. Previously, Ms. Klein co-founded and led two semiconductor equipment companies from inception to acquisition by public companies.

"Michele is a welcome addition as a new independent director to our board," said John Mutch, Chairman of Aviat Networks. "She is known for her growth orientation and corporate governance experience, and her industry and investment expertise complements the experience of our other board members. Aviat will benefit greatly from her proven track record, as we continue to execute our growth strategy, increase profitability, and return greater value to our shareholders."

"The opportunity to join the Aviat Board of Directors is exciting," said Ms. Klein. "I look forward to working with John, Pete, and the other board members as the company accelerates its leadership position in wireless transport solutions."

Ms. Klein earned a BS from the University of Illinois and an MBA from the Stanford Graduate School of Business.

About Aviat Networks    

Aviat Networks, Inc. is the leading expert in wireless transport 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. Aviat Networks is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Twitter, Facebook and LinkedIn.

Media Contact: Gary Croke, Aviat Networks, Inc., gary.croke@aviatnet.com

Investor Relations Contact: Keith Fanneron, Aviat Networks, Inc., keith.fanneron@aviatnet.com

 

View original content:http://www.prnewswire.com/news-releases/aviat-networks-appoints-michele-klein-to-its-board-of-directors-301292885.html

SOURCE Aviat Networks, Inc.

FAQ

What is the significance of Michele Klein's appointment to Aviat Networks' board?

Michele Klein's appointment is significant as she brings extensive experience in corporate growth and M&A, which can guide Aviat Networks' strategic direction and enhance profitability.

How does Michele Klein's background align with Aviat Networks' business?

Klein's experience in systems, software, and the energy sector aligns well with Aviat's focus on wireless transport solutions, suggesting her contributions will be strategically beneficial.

What impact is expected from Michele Klein's addition to the board of Aviat Networks?

Her addition is expected to strengthen corporate governance and aid in executing Aviat's growth strategy, potentially leading to increased shareholder value.

When was Michele Klein appointed to Aviat Networks' board of directors?

Michele Klein was appointed to the board on May 17, 2021.