Cyan appoints Mark Floyd as its new chairman

Cyan has bolstered its board of directors to lead it to what it says is it next phase of growth by naming telecom industry veteran Mark Floyd as its board chairman.

Mark Floyd, Cyan

Floyd

Already serving on Cyan's board since early 2007, Floyd previously served as the CEO of SafeNet and currently serves as chairman of the board at NetSocket and as a director at Riverbed.

Mike Hatfield, CEO of Cyan, said that Floyd's "considerable experience with early-, mid-, and late-stage private and public companies, public offerings, and significant mergers and acquisitions" will help it plan new growth opportunities.

Best known as the founder and CEO of Efficient Networks, Floyd also held a number of other high profile telecom executive roles, including serving as the chairman of Tekelec, the CEO of Entrisphere (now Ericsson) and as the CEO of Siemens ICN in the U.S.

For more:
- see the release

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