Jim Chirico As Next CEO, Avaya

Avaya, a leading player in unified communications business, announced Jim Chirico will be its next CEO from 1 October.  At present Chirico is serving as the chief operating officer . The current CEO Kevin Kennedy will retire from the service at the end of September but will remain as an advisor to the company. He will also step down from the Board of Directors.

“I’m excited to have the opportunity to lead Avaya at a critical point in its history. I will work closely with Kevin over the next two months to ensure a smooth transition as we also continue the process to emerge from chapter 11,” said Chirico. “We will enter this next chapter with unique strengths and a new capital structure, and I look forward to working with the talented Avaya team to accelerate our long-term success. ”

Under Kennedy’s leadership, the company has made a successful transition as a software and services company while also more than doubling the company’s Net Promoter Score. In the second fiscal quarter of 2017, software and services accounted for approximately 79% of Avaya’s total revenue. Kennedy played a key role in ensuring Avaya is well-positioned to emerge from chapter 11 with enhanced focus on customer and team engagement, following the divestiture of the Networking business, and saw that Avaya preserved its industry-leading financial model throughout the restructuring process.

“It’s been an honor to serve as Avaya’s CEO, especially working with our outstanding and committed employees, partners and customers,” said Mr. Kennedy. “To help Jim ‘hit the ground running’ when he officially takes over the role, I am transitioning CEO duties to him as Avaya’s transformation continues.”

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