News : Vonage's Applications Group President to Leave the Company at Completion of Integration
Holmdel, NJ, USA, April, 2019 -- Vonage (NYSE: VG), a global provider in business cloud communications, announced that Dennis Fois, Vonage's Applications Group President and former CEO of NewVoiceMedia, has informed the Company of his intention to step down from his role to become Chief Executive Officer of a private technology company.
Vonage has initiated a global search for a new Applications Group lead. Mr. Fois will remain at the Company through April 30, 2019, and Alan Masarek, Vonage CEO, will assume interim leadership of the Applications Group until the search is completed.
"We acquired NewVoiceMedia to accelerate Vonage's growth strategy and leadership position in cloud communications, strengthen our presence with global mid-market and enterprise clients, and deepen our integrations and key go-to-market relationships with CRM providers," Mr. Masarek said.
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Mr. Masarek continued, "Dennis has been a great partner and helped lead a smooth integration of NewVoiceMedia into Vonage, including the creation of the Applications Group and its go-to-market strategy. We are grateful for the work he's done to help position Vonage for continued success."
Mr. Fois commented, "I am very proud of the many significant achievements at NewVoiceMedia, most important of which was the combination with Vonage to create a global leader in cloud communications. Vonage is uniquely positioned in the marketplace with its own technology stack across unified communications, contact center, and programmable APIs, and this allows Vonage to best respond to customer needs."
"While I have decided to leave Vonage to pursue my passion to be a CEO, I am confident that Vonage's talented team is well positioned to execute on its strategy for 2019 and beyond. I believe that Vonage is among the best in the rapidly evolving cloud communications industry," Mr. Fois added.
Posted by Veronica Silva Cusi, news correspondent
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Vonage (NYSE: VG) is a provider of communications services connecting individuals through broadband devices worldwide. Our technology serves approximately 2.4 million subscribers. We provide communication solutions that offer flexibility, portability and ease-of-use. Our Vonage World plan offers unlimited calling to more than 60 countries with popular features like call waiting, call forwarding and voicemail - for one low monthly rate. Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.
Published: Wednesday, April 17, 2019