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MRV Appoints Adam Scheer as Senior Vice President Product Management and Corporate DevelopmentMRV Communications™, Inc. (NASDAQ: MRVC) ("MRV (News - Alert)®"), a leading provider of innovative packet and optical solutions, today announced that Adam Scheer has been named Senior Vice President, Product Line Management and Corporate Development, a newly created position. Reporting to Mark Bonney, MRV President and CEO, Scheer is responsible for product line management and for supporting the MRV leadership team's strategic planning. "The pace of change in our markets is accelerating, creating exciting opportunities for MRV and making it a great time to add a leader of Adam's caliber to our team," said Bonney. "Adam has a track record of defining and executing successful business strategies and product roadmaps through both a keen understanding of market drivers and close collaboration with key stakeholders. Adam's skills will support MRV's ongoing strategy to deliver best-in-class solutions that empower our customers to leverage intelligent packet and optical metro solutions to deploy and better manage Next-Generation application-driven networks revenue-generating services." Pior to joining MRV, Scheer served as the Vice President of Marketing and Product Management for the Optical Security and Performance Products group of Viavi Solutions (formerly JDSU (News - Alert)). During nearly 15 years of service with Viavi Solutions and its predecessor companies, Scheer served in senior marketing, strategy, and product management roles. In those roles, Scheer developed and led high-performing global product management teams with a strong record of achievement of driving profitable growth and award-winning technical innovation. Prior to Viavi Solutions, Scheer served in senior corporate development, strategy and finance roles in the technology and chemical industries after starting his career in investment banking as a financial analyst. "I am thrilled to join the MRV team and to do my part to build on over 25 years of innovation and achievement that global service providers, content delivery networks and data centers have come to rely on," said Scheer. "MRV has a highly respected brand and a first-rate team of experienced thought leaders with a proven record of innovation and close customer collaboration positioning the company well for growth. This is an exciting time for MRV and I feel privileged to be part of the team." About MRV Communications (News - Alert) MRV Communications is a global supplier of packet and optical solutions that power the world's largest networks. MRV products combine innovative hardware with intelligent software to make networks smarter, faster and more efficient. Dedicated to the continued success of our customers, MRV enables service providers, data center operators and large enterprises to cost effectively evolve their networks to address mission-critical applications, such as high-capacity cloud and data center connectivity, business services, mobile backhaul and the migration to virtualized and programmable networks. Founded in 1988, MRV is headquartered in Southern California with additional research and development facilities outside of Boston and in Israel. For more information please visit www.mrv.com.
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