Opnext's CEO Gilles Bouchard resigns from company

Gilles Bouchard has decided to step down as CEO and board member of optical module vendor Opnext (Nasdaq: OPXT) for personal reasons.

Prior to serving as Opnext's president and CEO, Bouchard served as the company's COO from November 2007 to April 2009. Opnext appointed Bouchard to the CEO and president post after it completed its purchase of fellow optical vendor StrataLight in January 2009.

The optical vendor did not have to look too far for a replacement for Bouchard, however.

Taking Bouchard's place is former 35-year Alcatel-Lucent (NYSE: ALU) alum Harry Bosco, who served as CEO and President of from the company's inception in 2000 up until January 2009. Serving as Opnext's interim CEO, Bosco will also retain his position as board chairman of the company.

Opnext, much like StrataLight, has been gaining recognition in various 100 Gbps technology trials with the likes of AT&T and TeliaSonera.

For more:
- see the release

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