Tellabs appoints Dan Kelly as acting president and CEO

Tellabs' (Nasdaq: TLAB) board has named Dan Kelly, the vendor's executive vice president of global products, as its acting president and CEO.

Kelly is temporarily taking over the reins from Rob Pullen, who is being treated for cancer, and recently had surgery.

Michael Birck, chairman of Tellabs, said in a letter to shareholders that Pullen "remains in the hospital in stable condition and is under continuing care for his recovery" and that "We all wish Rob a quick and full recovery."

Pullen previously announced on April 20 that he was diagnosed with colon cancer, but said his prognosis was good.

For more:
 - see the letter

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