QUEBEC CITY – EXFO Inc. has elevated Philippe Morin to CEO, effective April 1st.
Morin (pictured) joined the company from Ciena in late 2015 as chief operating officer, leading its global sales, go-to-market and product management initiatives.
Company founder, board chairman, and current CEO Germain Lamonde will become EXFO's executive chairman, where he will maintain leadership of the acquisition strategy and remain actively involved in defining the company's growth initiatives, customer outreach and corporate governance.
"Having known Philippe for a long time and having worked closely with him on a wide range of initiatives, I am confident he is the right person to take over the day-to-day stewardship of EXFO and that he will receive the full support of the global EXFO team and partners”, said Lamonde, in the announcement. “Our combined strategic vision, industry experience and leadership will create added value for customers and shareholders as we drive EXFO to new heights."
"I am deeply honored and grateful to Germain and the Board for their trust," added Morin. "Germain has built an impressive organization, a highly talented team and very strong brand equity, all of which are highly respected by leading network operators worldwide. I am personally invested in EXFO's success and fully committed to taking the company to the next level."
With more than 1,600 employees in 25 countries, EXFO develops smarter network test, data and analytics solutions for the world's leading communications service providers, network equipment manufacturers and web-scale companies.
