SANTA ROSA, Calif.--(BUSINESS WIRE)--
Keysight Technologies, Inc. (NYSE: KEYS) today announced that Bethany
Mayer is resigning from her role as president of the company’s Ixia
Solutions Group to pursue other interests, effective as of Dec. 1, 2017.
Mark Pierpoint, currently the vice president and general manager of
Internet Infrastructure Solutions within the company’s Communications
Solutions Group, will become the acting president of the Ixia Solutions
Group on that date.
Mayer, formerly the chief executive officer and president of Ixia,
joined Keysight following its acquisition of Ixia in April 2017. Since
the acquisition, Mayer has led the Ixia business as a group within
Keysight.
“I thank Bethany for leading the Ixia Solutions Group within Keysight,”
said Ron Nersesian, Keysight’s president and chief executive officer.
“Her leadership led directly to the successful combination of our two
companies and has been instrumental in our integration. I wish her the
best in her future endeavors.”
Pierpoint has served as general manager of Internet Infrastructure
Solutions since 2015, responsible for developing and delivering
solutions across the commercial communications network from network
access points to data centers and the cloud. Immediately prior to this
role, he led Keysight’s modular software and instrument initiatives.
Pierpoint joined the business in 1987 when it was part of
Hewlett-Packard and has held multiple management positions in R&D,
marketing and operations across various businesses and geographies. He
earned his Ph.D. in microwave engineering and his bachelor’s degree in
electrical and electronic engineering from the University of Leeds in
the United Kingdom.
“I’m looking forward to working with Mark in this new role as acting
president of the Ixia Solutions Group. His experience in leading our
Internet Infrastructure Solutions and other software-focused solutions
businesses makes him the clear choice to fill this role,” said
Nersesian. “Mark has worked closely with the Ixia business since the
acquisition earlier this year and is well positioned to lead the
completion of our integration activities and maximize the potential of
our expanded company.”
The company has begun a search process for Mayer’s permanent successor
and is committed to a seamless transition.
Forward-Looking Statements
This communication contains forward-looking statements as defined in the
Securities Exchange Act of 1934 and is subject to the safe harbors
created therein. These forward-looking statements involve risks and
uncertainties that could significantly affect the expected results and
are based on certain key assumptions of Keysight’s management and on
currently available information. Due to such uncertainties and risks, no
assurances can be given that such expectations or assumptions will prove
to have been correct, and readers are cautioned not to place undue
reliance on such forward-looking statements, which speak only as of the
date hereof. Keysight undertakes no responsibility to publicly update or
revise any forward-looking statement. The forward-looking statements
contained herein include, but are not limited to, the expected timing to
name a permanent replacement for the role of president of the Ixia
Solutions Group. The words “anticipate,” “plan,” “estimate,” “expect,”
“intend,” “will,” “should,” “forecast,” “project,” and similar
expressions, as they relate to the company, are intended to identify
forward-looking statements.
In addition to the risks above, other risks that Keysight faces include
those detailed in Keysight’s filings with the Securities and Exchange
Commission, including our Form 10-K for the fiscal year ended Oct. 31,
2016, and Keysight’s quarterly report on Form 10-Q for the period ended
July 31, 2017.
About Keysight Technologies
Keysight Technologies, Inc. (NYSE: KEYS) is a leading technology company
that helps its engineering, enterprise and service provider customers
optimize networks and bring electronic products to market faster and at
a lower cost. Keysight’s solutions go where the electronic signal goes,
from design simulation, to prototype validation, to manufacturing test,
to optimization in networks and cloud environments. Customers span the
worldwide communications ecosystem, aerospace and defense, automotive,
energy, semiconductor and general electronics end markets. Keysight
generated revenues of $2.9B in fiscal year 2016. In April 2017, Keysight
acquired Ixia, a leader in network test, visibility, and security. More
information is available at www.keysight.com.
Additional information about Keysight Technologies is available in the
newsroom at www.keysight.com/go/news
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Source: IR-KEYS
View source version on businesswire.com: http://www.businesswire.com/news/home/20171114005614/en/
Source: Keysight Technologies, Inc.