VoIP and video service provider 8x8, Inc. announced on Wednesday that James Sullivan submitted his resignation, effective June 30, 2006, from his role as the company's chief financial officer (CFO) to pursue another career opportunity.
8x8 has begun a search for a new CFO and announced that it was working with Sullivan on an orderly transition process.
“I have truly enjoyed working at 8x8 and will continue to be a strong advocate of the Company and its services. While this decision was difficult, I believe the change offers a personal opportunity to further my career and expand my expertise,” Sullivan said in a statement.
“Jim has made significant contributions to our corporate transformation since he joined the Company more than five years ago,” noted 8x8's chairman and CEO Bryan R. Martin in a statement. “Jim has helped to grow our Packet8 communication services, enhanced our liquidity position and built a strong finance team in order to maintain the necessary internal business controls and implement the numerous regulatory controls mandated by the SEC. I thank Jim for his contributions and wish him success in his future endeavors.”
Today’s news follows 8x8’s announcement about its deal with CompUSA. The deal enabled the office supplies retail chain sell Packet8 Virtual Office in each of its 226 outlets nationwide.
Packet8 Virtual Office is a VoIP-hosted PBX phone service that allows small and medium sized businesses (SMBs) to implement a business-class phone system with unlimited local and long distance calling in the U.S. and Canada for a flat-rate of $39.99 a month, as well as lower-priced metered plans and international calling.
8x8, Inc.
http://www.8x8.com
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Johanne Torres is contributing editor for TMCnet and Internet Telephony magazine. To see more articles by Johanne Torres, please visit Johanne Torres' columnist page.