|NeoPhotonics Names Veteran Systems Executive Björn Olsson to Board of Directors|
Former Ericsson EVP Brings More than 25 Years of Fixed and Mobile Telecoms Experience to the NeoPhotonics Board
San Jose, Ca. – March 3, 2009 – NeoPhotonics today announced the appointment of Mr. Björn Olsson to the company’s Board of Directors. A native of Sweden, Mr. Olsson most recently served as Executive Vice President and Deputy Head of Business Unit Networks, Ericsson Group, and as a member of the Ericsson Group Executive Management Team. Mr. Olsson worked for Ericsson or Ericsson venture companies for more than 25 years.
During his career, Mr. Olsson held several senior management positions at Ericsson, including: Executive Vice President and Head of Business Unit Systems, Vice President and Head of Business Unit TDMA Cellular Systems, Vice President and Head of Transmission and Transport Networks and a two-year stint as CIO. In his most recent position, Mr. Olsson also led the initial phase of integrating companies acquired by Ericsson in the U.S. -- Redback Networks, Entrisphere and Marconi, North America. In addition, he served as the Chairman of Ericsson Cables, with joint ventures in China, India and Malaysia, Ericsson Power Modules and Ericsson Market Unit Nordics and Baltics.
"Björn has a tremendous amount of systems level experience in both wireline and wireless technologies and his impressive record of achievement in these areas will bring an important new dimension to the Board," said Tim Jenks, CEO and Chairman of the Board, “Furthermore, his extensive experience in the EMEA and the Americas regions will help us maximize our growth opportunities in both regions and it illustrates well our expanding global commitment and success.”
"NeoPhotonics has become a leading vendor of components for access, metro and long-haul networks through their development and implementation of photonic integrated circuit technology," said Mr. Olsson. “I think this is a very impressive technology with a great deal of potential to help systems manufacturers and carriers create the networks needed to accommodate growing requirements driven by wireless and wireline broadband services.”
Mr. Olsson received a Master of Science degree in Industrial Management and Engineering from the Linköping Institute of Technology, Sweden. His appointment raises to nine the number of Directors for the company and firmly establishes its independence in governance.
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