[May 16, 2013] CSI appoints acting GM at Transition Networks business unit Tweet May 16, 2013 (M2 EQUITYBITES via COMTEX) -- Communications Systems Inc (CSI) (Nasdaq:JCS), a telecommunications products and managed services provider, announced on Wednesday a change in management and other restructuring within its Transition Networks business unit. According to the company, it is making these changes to refocus its efforts on targeting its strategic vertical markets and to better address the needs of its global customer base. In connection with these actions, which are effective immediately, William G Schultz, president and CEO of the company, will serve as acting general manager of Transition Networks. This role will be in addition to his current duties as president and CEO. Schultz had served as GM of Transition Networks from October 2007 until May 2010, when he became the company's EVP of Operations. He became CSI's president and CEO in May 2011. In his expanded role, Schultz will focus on leading the execution of the company's key 2013 objectives while working to implement a redesigned sales infrastructure that can more quickly adapt to the shifting realities of Transition Networks' markets and customers. CSI said that it is conducting a search to fill key leadership roles in management and sales. Also, as a part of its restructuring action, the company will be effecting an immediate reduction-in-force of approximately 8% of its 150-employee Transition Networks business unit. With the filling of key leadership roles in management and sales, the ultimate decrease in Transition Networks employees may be slightly less than 8%, the company said. The amounts of expense and restructuring charges associated with the moves have not been determined by the company yet. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]