UTStarcom Founder, Chairman Resigns

The founder and chairman of IP equipment maker UTStarcom (UTSI) has resigned from the board of directors.

Hong Liang Lu will continue to serve on the board while Peter Blackmore will maintain his position as president and CEO. Lead Director Thomas Toy will become chairman, UTStarcom said.

UTStarcom, which sells through channel partners, is scheduled to announce its second-quarter earnings on Thursday.


Leave a comment

Your email address will not be published. Required fields are marked *


Is your business ready for the EU's GDPR to go into effect on May 25?

View Results

Loading ... Loading ...
The ID is: 79383