Polycom Names Next CEO

Polycom has announced that Mary McDowell will succeed Peter Leav as its CEO.

The move is effective and contingent on the closing of the merger of Polycom with an affiliate of Siris Capital. Leav remains CEO and a board member until the transaction is closed later in September or in October.

McDowell is an executive partner at Siris Capital. Prior to that, she was EVP, mobile phones, at Nokia, where she held global P&L responsibility for the feature phone business and associated software and digital services. She joined Nokia in 2004 to lead the enterprise solutions business, and later served as chief development officer.  McDowell has also held senior positions at Compaq Computer and Hewlett Packard. She serves on the boards of Autodesk, Inc., Bazaarvoice and UBM plc.

“Polycom is a powerful global brand and is strongly positioned to help organizations of all sizes raise the bar on collaboration to drive higher levels of productivity and deepen employee engagement,” said McDowell. “I’m looking forward to working closely with the Polycom team to build on the history of innovation and strong track record of creating best-in-class products and services that meet the needs of more than 400,000 companies, institutions and channel partners, as well as deepening partnerships to enable the evolving unified communications ecosystem.”

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