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Home People Moves

Avaya on ‘right path’ with exec revamp

CFO Amy O’Keefe among new bigwigs unveiled

Doug Woodburn by Doug Woodburn
16 June 2023
in People Moves
Amy O'Keefe, Avaya
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Avaya has enlisted a trio of boardroom bigwigs as it strives to get back on track following its emergence from Chapter 11 bankruptcy in May.

The comms vendor today announced it has appointed Amy O’Keefe (pictured above), Omar Javaid and Josh Mueller in the posts of CFO, Chief Product Officer and Chief Marketing Officer, respectively.

It hailed the triple unveil as “another critical step’ in its transformation following its recapatilisation earlier this year.

Avaya entered Chapter 11 bankruptcy for the second time in six years in February 2023 in a move designed to trim its debts by more than three-quarters.

CEO Alan Masarek claimed the vendor is “moving ahead with significant financial resources to accelerate investment in our portfolio” as it completed the process on 1 May. Its new “growth-oriented” capital structure includes around $650m in liquidity and a net leverage ratio of less than 1x.

Alan Masarek, Avaya
Alan Masarek, Avaya

Having most recently served as the CFO for the company formerly known as Weight Watchers International, O’Keefe will lead Avaya’s global financial team.

Javaid was most recently at Qualcomm, while Mueller –  who does not join until 17 July – was most recently an SVP at National Instruments and previously worked for Vonage.

Masarek claimed the new hires – all of whom report into him – will help Avaya “rapidly build on its leadership” in the customer experience space as it “enters a dynamic new chapter”.

“Their decision to join Avaya is strong affirmation of the company’s potential and validates that we have set Avaya on the right path for our customers, partners and employees,” he said of his newly minted executive triumvirate.

Doug Woodburn
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Doug Woodburn is editor of IT Channel Oxygen

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