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Tag Archives: Chapter 11

Avaya Names 7 Board Members Under Reorganization Plan

Avaya has appointed seven new members to its board of directors as part of the Santa Clara, California-based communications technology firm’s reorganization effort. Jim Chirico, formerly chief operating officer at Avaya who assumed the president and CEO roles in October, will serve as a board member once the reorganization is …

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COO Jim Chirico to Succeed Kevin Kennedy as Avaya CEO

Jim Chirico, chief operating officer and global sales leader at Avaya, has been named CEO and a board member of the Santa Clara, California-based communications technology firm in a move that takes effect Oct. 1. He will succeed the retiring Kevin Kennedy, who will remain with the company as an adviser, …

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L-3 to Buy Implant Sciences’ Explosive Trace Detection Assets for $117M

L-3 Communications (NYSE: LLL) has agreed to purchase the explosive trace detection business assets of Implant Sciences for $117.5 million cash in a push to expand the former’s portfolio of security and detection platforms. L-3 said Monday it will assume specified liabilities under the asset purchase agreement with Implant Sciences and will integrate …

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