Posted on November 23, 2018 by staff

Networking company makes new senior appointment

Networking company makes new senior appointment

Rémi Thomas has over 25 years of financial experience
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Rémi Thomas has over 25 years of financial experience

Software-driven networking company Extreme Networks Inc has appointed Rémi Thomas as the team’s new chief financial officer.

Reporting to president and CEO Ed Meyercord, Thomas has over 25 years of finance experience and comes to Extreme from CA Technologies, where he served as senior vice president, corporate controller for the past year and a half. His start date is November 26, 2018.

“Coming off a successful first quarter with record cash collection and a strong balance sheet, we are extremely excited to welcome Rémi Thomas to the Extreme family to drive continued, positive momentum,” said Meyercord.

“He is a business-oriented, global finance executive from top pedigree technology firms. He has strong M&A experience and a deep understanding of the software business, which is a key engineering focus for our company.

“There is no doubt that he is the right person to help us monetise our development and productisation efforts moving forward.”

While at CA Technologies, Thomas led the organisation in the preparation of financial statements, financial reports and SEC and regulatory filings, and provided executive leadership on all operational accounting activities.

He has also served as vice president of finance at HPE Software, a business unit of Hewlett Packard Enterprise, as well as further flung roles in Paris and Shanghai.

Thomas has a Master of Business Administration from the University of Warwick, and a bachelor’s degree in business administration from Toulouse Business School in France.

Matt Cleaver, Extreme’s vice president of finance, has been the interim CFO since September when the existing CFO left the company.

Cleaver will resume his position as part of Thomas’ staff and play a key role in helping him transition into his new role at Extreme.

Meyercord added: “Matt did an excellent job during these past three months. I want to thank him for the work he did as interim CFO as we made steady progress on our financial goals under his leadership.”