DZS Appoints AEMEA and Asia Executive Sales Leadership

Rhea-AI Summary

DZS, a leader in broadband and access networking solutions, has appointed two new executives: Jay Hilbert as Executive Vice President of AEMEA Sales and Bill Ko as Executive Vice President of Asia Sales. These appointments aim to enhance customer engagement and expand the adoption of innovative technologies like Open-RAN and FTTP. The company emphasizes growth opportunities driven by 5G advancements and government broadband initiatives. DZS is committed to fostering a customer-first culture and increasing market share globally.

Positive

• Appointment of Jay Hilbert and Bill Ko expected to enhance sales leadership and customer relations.
• Growing demand for Open-RAN and FTTP indicates strong market potential.
• Increased focus on a customer-first culture may lead to higher customer satisfaction and retention.

Negative

• None.

DZS continues its relentless transformation focused on innovation and a customer-first culture

PLANO, Texas, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of mobile, fixed broadband and enterprise access networking solutions representing 1,000+ communications service providers and enterprise customers, today announced the appointment of two accomplished leaders charged with expanding the adoption of the company’s latest innovations and cultivating a customer-first culture. Jay Hilbert has been named Executive Vice President of Americas, Europe, Middle East/Africa (AEMEA) Sales and Bill Ko has been appointed Executive Vice President of Asia Sales.

A trusted access networking innovator and technology partner to many of the world’s most admired communications service providers and enterprises spanning 100+ countries, DZS continues its relentless pursuit of a customer-first culture. The growing demand for Open-RAN and standards-based network architectures is fueling the pace and opportunity for fiber-enabled access networking solutions. 5G and 10 gigabit per second (10 Gbps) Fiber-to-the-Premises (FTTP) upgrade cycles, government-sponsored broadband initiatives such as the United States Rural Digital Opportunity Fund (RDOF), as well as current geopolitical market dynamics are stimulating growth opportunities.

“DZS is laser focused on the opportunity in front of us and exceeding expectations for our customers,” said Charlie Vogt, President and CEO of DZS. “The expanded sales leadership role for Jay and the new appointment of Bill bring extensive sales leadership experience to DZS. The opportunity for DZS to increase our market-share and cultivate valuable partnerships with current and prospective customers around the world is now. Jay and Bill amplify our customer-first culture and provide DZS with exciting growth prospects.”

Mr. Hilbert, who joined DZS as Executive Vice President of Americas Sales earlier this year, brings proven expertise in driving sales force transformation, growing market share and maximizing performance in competitive and emerging markets to his expanded role. Prior to DZS, he was Senior Vice President of Global Sales at Airvana (acquired by Commscope) and Senior Vice President of Global Sales for Cambium Networks. Earlier in his career, Hilbert served as Vice President of Sales at DSC/Alcatel (today Nokia). Mr. Hilbert is based at DZS headquarters in Plano, Texas and will continue to report directly to Mr. Vogt.

Mr. Ko brings 25 years of telecommunications and cable industry experience across the Asia Pacific region to DZS. Most notably, he spent ten years as Vice President of Pan Asia Sales for ARRIS Group, Inc., where he delivered exponential sales growth spanning headend, cloud, transport and customer premises equipment solutions. Earlier in his career, Mr. Ko led Asia sales for ADC Telecommunications for 12 years. Mr. Ko will be based at the DZS Pangyo, South Korea Center of Excellence facility and will report directly to Mr. Vogt.

To find out more about DZS, visit https://dzsi.com/.

About DZS

DZS Inc. (Nasdaq: DZSI) is global leader of mobile, fixed broadband and enterprise access networking and transport solutions with 20+ million products deployed across 1,000+ communication service providers and enterprise customers spanning 100+ countries.

DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.

For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/

Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Mobile: +1 408.888.6787
Email: mhurst@thatcherandco.com

FAQ

What are the new appointments at DZS and their roles?

Jay Hilbert has been named Executive Vice President of AEMEA Sales, and Bill Ko is the Executive Vice President of Asia Sales.

What is DZS's focus following the leadership changes?

DZS is emphasizing a customer-first culture and aims to expand the adoption of its innovative technologies.

How will the new leadership impact DZS's market position?

The new executives are expected to enhance sales effectiveness and drive growth in market share globally.

What market trends are influencing DZS's strategy?

DZS is focusing on the increasing demand for Open-RAN, FTTP, and benefiting from government broadband initiatives.