MRV Communications Inc. Appoints Interim CEO

The Board of Directors of the telecommunications company MRV Communications Inc. announced long-time chief executive officer and director Noam Lotan will step down June 30. He will be replaced by industry veteran Dilip Dingh on an interim basis effective July 1, for a one-year term. “I am pleased to welcome Dilip to the MRV team, and I look forward to working closely with him,” said Joan Herman, chair of the Board of Directors. Singh has 38 years of operational executive management experience with global major Fortune 500 telecom carriers, as well as entrepreneurial experience with start-ups and early stage telecom software companies and network equipment providers. “His extensive industry experience and track record make him the ideal leader to take MRV to the next level. On behalf of our Board of Directors, our stockholders and employees, I want to thank Noam for his dedication and absolute commitment to MRV over so many years. We wish him success in the future,” Herman added. Lotan, who led the company for two decades, said the timing was right for new leadership as new products, improving industry conditions and expense control measures are beginning to generate positive results and long-term value creation for MRV. “As the company is poised for continued success, after 20 years as CEO, the time has come to make room for fresh ideas and new leadership,” Lotan said in a statement.” It has been an honor and a privilege to serve with so many talented and dedicated individuals.” Andrea Alegria