HOFFMAN ESTATES, Ill.,
April 2, 2024 /PRNewswire/ -- Cambium
Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading
provider of wireless networking infrastructure solutions, today
announced the appointment of Jacob
Sayer as Chief Financial Officer, effective April 8, 2024. He will be responsible for
Cambium's financial strategies and will lead the global finance
organization, including planning, treasury, tax, reporting, and
investor relations. Jacob will succeed John
Becerril, who is currently acting CFO following the
January 2024 departure of
Andrew Bronstein. John will remain
as Cambium's Global Controller and principal accounting
officer.
Mr. Sayer brings a wealth of finance, operational, and strategic
planning experience to Cambium Networks, most recently with a
variety of challenging finance and business unit CFO roles at
$9 billion enterprise value
NYSE-listed industrial technology company Sensata Technologies
Holding plc. Jacob has experience in business and financial
strategy and financial operations, as well as acquisition
integration and transformation. He brings a proven track record of
driving strong financial results and instilling financial and
operational discipline.
Mr. Sayer's roles at Sensata Technologies included Vice
President, Finance - Investor Relations from April 2020 to March
2024; Vice President, CFO, Industrial, Aerospace and Heavy
Vehicle Business Units from January
2019 to April 2020; Vice
President, CFO, Automotive Sensors Business Unit from January 2016 to January
2019; Treasurer and Vice President Investor Relations from
November 2014 to January 2016; and Vice President of Investor
Relations and Global Communications from May
2012 to November 2014. From 2009 to 2012, Mr. Sayer
was Vice President, Corporate Development, Treasurer and Investor
Relations at Avago Technologies Ltd. (now part of Broadcom Inc.).
Prior to that, Mr. Sayer held various investment banking roles at
multiple firms, including UBS Investment Bank; Donaldson, Lufkin
& Jenrette International; Cowen & Company; and Merrill
Lynch & Co. Mr. Sayer holds a B.S. in Mathematics and Economics
from Tulane University, and an M.B.A.
from the University of California,
Berkeley, Haas School of
Business.
"We are excited to welcome Jacob to Cambium Networks," said
Morgan Kurk, Cambium Networks Chief
Executive Officer. "His experience in financial operations, coupled
with a strategic mindset will help provide the leadership needed to
deliver profitable growth, create operational efficiency, and value
for our shareholders. I am thrilled to welcome Jacob to the Cambium
Networks team."
"I also want to express my thanks and gratitude to John Becerril for his leadership during his time
as interim CFO," said Mr. Kurk. "John has been a steadying
influence while leading the finance organization over the past
quarter, contributing to our evolving financial strategy and
maintaining rigor for the company. I truly appreciate his
willingness to step up, his council, his contributions, and his
commitment to Cambium Networks."
About Cambium Networks
Cambium Networks enables service providers, enterprises,
industrial organizations, and governments to deliver exceptional
digital experiences, and device connectivity, with compelling
economics. Our ONE Network platform simplifies management of
Cambium Networks wired and wireless broadband and network edge
technologies. Our customers can focus more resources on managing
their business rather than the network. We make connectivity that
just works.
Contacts:
Investors:
Peter Schuman, IRC
VP Investor & Industry Analyst Relations
Cambium Networks
+1 (847) 264-2188
Peter.schuman@cambiumnetworks.com
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SOURCE Cambium Networks