SANTA CRUZ, Calif.,
Feb. 10, 2020 /PRNewswire/
-- Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company"),
a global communications company that powers meaningful human
connection and collaboration, today announced that Robert Hagerty, Chairman of the Poly Board of
Directors, has been appointed Interim Chief Executive Officer,
effective immediately. This appointment follows Joe Burton's decision to step down as President
and Chief Executive Officer, by mutual agreement with the Board.
Mr. Burton will work closely with Mr. Hagerty to ensure an orderly
transition of responsibilities. Mr. Hagerty will continue in his
role as Chairman and Marv Tseu, Vice
Chairman of the Board, will serve as the Company's lead independent
director while Mr. Hagerty serves in the interim role.
On behalf of the Board, the Company's Nominating and Corporate
Governance Committee is leading a comprehensive search process to
identify and select its next Chief Executive Officer.
Mr. Hagerty stated, "On behalf of the entire Poly Board, I'd
like to thank Joe for his many contributions to Poly's success. Joe
has been a strong advocate for the Company's strategy and had the
vision to create a comprehensive unified communications solutions
provider across all headset, phone and video end points. He
orchestrated and executed the Plantronics and Polycom merger,
creating a leading global company with a substantial footprint,
relentless focus on innovation and refreshed product portfolio.
While the Board remains committed to this strategy and vision,
ultimately, Joe and the Board mutually agreed that now is the right
time to identify a new CEO to accelerate the execution of our
vision and growth strategy."
"I have been fortunate to be a part of the Poly community for
nearly a decade, and I am proud of our team and the impact we have
had on the unified communications and collaboration space," said
Mr. Burton. "I am confident in Poly's future and the long-term
prospects for the business, and I know that the Company will
continue to create the consistent, high-quality end-user experience
its customers rely on."
Mr. Hagerty continued, "As we search for the next CEO, I look
forward to continuing to work closely with the Board and the rest
of the talented Poly team to drive the company forward and
capitalize on the growth prospects in the unified communications
space as we progress through fiscal 2021."
About Robert Hagerty
Since 2011, Mr. Hagerty has served on the Plantronics, now Poly,
Board and has served as Chairman of the Board since 2018. With
nearly 40 years of leadership and experience in the communications
technology industry, he most recently served as CEO of iControl
Networks, Inc., a software and services company for the broadband
home management market, from September
2011 to March 2017.
Previously, he served as CEO, President and Chairman of Polycom,
Inc. from 1998 to May 2010, where he
played a key role in developing the modern unified communications
market. Prior to joining Polycom, Mr. Hagerty held leadership roles
at Stylus Assets, Ltd., Logitech, Inc., Conner Peripherals, Signal
Corporation and Digital Equipment Corporation.
About Poly
Poly is a global communications company that powers meaningful
human connection and collaboration. Poly combines legendary audio
expertise and powerful video and conferencing capabilities to
overcome the distractions, complexity and distance that make
communication in and out of the workplace challenging. Poly
believes in solutions that make life easier when they work together
and with our partner's services. Our headsets, software, desk
phones, audio and video conferencing, analytics and services are
used worldwide and are a leading choice for every kind of
workspace. For more information, please visit: www.poly.com.
Poly and the propeller design are trademarks of Plantronics,
Inc. All other trademarks are the property of their respective
owners.
INVESTOR CONTACT:
Mike
Iburg
Vice President, Investor Relations
(831) 458-7533
MEDIA CONTACT:
Edie
Kissko
Senior Director and Head of Corporate Communications
(213) 369-3719
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SOURCE Plantronics, Inc.