Harmonic Reappoints Dan Whalen to Board

By Bobby Samwell • Thursday, August 22 07:59 • Permanent Link

Harmonic (NASDAQ: HLIT) has reappointed Dan Whalen to its board of directors, a position he previously held from 2021 to 2023. Nimrod Ben-Natan, president and CEO of Harmonic, expressed his pleasure in welcoming Whalen back to the board, citing his valuable contributions and extensive management experience in the broadband and video industries.

Whalen's most recent role was as the president and CEO of ATX Networks, a global provider of network infrastructure systems and commercial video solutions. Prior to this, he served as the chief product officer at ADTRAN, a telecommunications networking and internetworking products provider. Whalen also held various leadership positions at Arris International, a telecommunications equipment company, and has previous experience at Cisco Systems, Comdisco, KPMG, and Bell Atlantic.

Expressing his enthusiasm for rejoining Harmonic, Whalen emphasized the company's ongoing transformation of broadband access and video streaming through innovative solutions. His appointment aims to support the company's market leadership and global growth strategy.

Harmonic, the worldwide leader in virtualized broadband and video delivery solutions, provides media companies and service providers with the capability to deliver high-quality video streaming and broadcast services globally. The company's innovation in broadband networking includes the industry's first virtualized broadband solution, enabling operators to deploy gigabit internet services more flexibly to consumers' homes and mobile devices.

According to the company's press release, Harmonic's financial performance metrics have shown positive growth, with specific details on revenue, net income, and market share changes compared to the previous period not disclosed in the press release. The company's focus on revolutionizing OTT video delivery via cloud and software platforms, as well as the delivery of gigabit internet services, is poised to redefine how media companies and service providers monetize live and on-demand content on every screen.

While the press release provides valuable insights into Whalen's reappointment and Harmonic's industry positioning, it lacks specific financial data to fully assess the company's performance. The market has reacted to these announcements by moving the company's shares 0.4% to a price of $13.97. If you want to know more, read the company's complete 8-K report here.

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