Jocelyn Philbrook, the VP of corporate marketing and investor relations at Sonus Networks Inc. (SONS) is set to leave the company, according to reports from Light Reading.
As vice president of corporate marketing and investor relations for Sonus Networks, Jocelyn Philbrook, who has been with the Company since September 2001, was in-charge of driving the development and implementation of the Company’s corporate marketing and communications strategies on a worldwide basis.
Sonus confirmed Philbrook’s planned departure, which was part of one of new CEO Richard Nottenberg’s first decisions as head of the company. Nottenberg split the marketing and investor relations roles into two separate positions, thus eliminating Philbrook’s job.
Nottenberg, former CTO of Motorola Inc. (MOT), was appointed CEO of Sonus in May replacing Hassan Ahmed who stayed on as Chairman. The new standalone position in charge of corporate marketing will report to him while the new director of investor relations will report to the CFO.
The move also comes while Sonus deals with a completely separate drama with its largest, most vocal investor, Legatum Capital. Fearing a hostile takeover bid from the Dubai-based investment firm, Sonus adopted a “poison pill” stockholder rights plan last week to make itself harder to acquire.
Since the start of 2007, the company has seen its CTO, CFO, chief marketing officer, and a sales VP leave.
Sonus shares finished Monday’s trading session down $0.11 to $3.42.