Avaya taps Nikolopoulos to lead corporate strategy, development in anticipation of Chapter 11 exit

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Avaya has named Nikos Nikolopoulos as senior vice president for corporate strategy, corporate development and marketing, setting a foundation to revamp its image when it emerges from Chapter 11 protection.

Nikolopoulos returns to Avaya after previously serving as VP of corporate operations and business transformation from 2013 to 2015.

RELATED: Avaya prices $2.93B term loan, gets ready to exit Chapter 11 protection

Before coming back to Avaya, he was most recently head of business transformation and chief M&A counsel for Mednax.

Avaya
Nikos Nikolopoulos

Earlier, Nikolopoulos held executive positions at Office Depot, Tyco Electronics and AT&T as well as two European based communications startups.

“His return comes at the perfect time as we refocus our efforts on growth and expanding on our innovation and market leadership,” said Jim Chirico, president and CEO of Avaya, in a release.

Nikolopoulos’ responsibilities will also include mergers and acquisitions as well as corporate marketing.

Besides Nikolopoulos rejoining the company, Avaya has secured a $2.9 billion senior secured term loan, making another step forward with its financial recovery plan.