Polycom has appointed Peter A. Leav as President and Chief Executive Officer, the videoconferencing company announced on December 4.
Leav succeeds interim CEO Kevin Parker, who will continue serving as Chairman of the Board of Polycom, the company said in an announcement.
In July this year, then Polycom President and CEO Andrew Miller had resigned after the audit committee of the company's board found irregularities in his expense-report submissions. After he quit, Kevin Parker, a managing principal at Bridge Growth Partners and a Polycom board member since 2005, was named interim CEO.
Leav also will serve as a Director on Polycom's Board of Directors.
"Peter's strong background in operations, general management and sales, spanning a successful 20+ year career in communications, technology and services and his energy and passion are strong assets to take Polycom to the next level," said Parker. "We are delighted to have Peter come on board to lead Polycom into the future. His experience leading a global organisation and his proven track record of driving revenue and shareholder value made Peter the natural choice for us."
Leav assumed the role on Monday, Dec. 2, 2013, and will be based out of the company's global headquarters in Silicon Valley, the company said in an official statement.
During Leav's tenure at NCR, revenues grew from $4.6 billion in 2009 to $5.7 billion in 2012. In his most recent role at NCR, Leav was Executive Vice President and President of Industry and Field Operations.
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