Vecima names new CEO, board member

VICTORIA, B.C. – Sumit Kumar has been appointed CEO of Vecima Networks by the company’s board of directors today, marking the completion of the company’s long-term strategy to name a successor for current CEO Dr. Surinder Kumar, who is preparing to retire. Dr. Kumar will remain as non-executive board chair. Sumit Kumar, who has been with the broadband equipment provider since 1995 and has been president since 2011, becomes CEO as of August 1, 2013. He has held roles of increasing responsibility at Vecima, including vice-president, corporate strategy from 2006 to 2009 and EVP from 2009 to 2011. Vecima has seen...