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Calix Promotes COO Michael Weening As CEO; Carl Russo Will Continue As Chair

Benzinga Real-time News · Oct 3, 2022 10:24

MSFT -2.45% CALX -0.07% CRM -1.10%

Calix, Inc (NYSE:CALX) promoted Michael Weening to CEO and President. Weening succeeds Carl Russo, who will continue as the Chair.
Weening has been a member of the Calix leadership team for over six years. In January of 2021, Calix promoted Weening to COO and President.
Before Calix, Weening built and led award-winning teams across a range of technology companies, including Microsoft Corp (NASDAQ:MSFT) and, Salesforce, Inc (NYSE:CRM).
Calix will post its third-quarter 2022 results on October 24.
Calix reported second-quarter revenue of $202.00 million, up 19.8%, which beat the consensus of $196.02 million.
Adjusted EPS of $0.22 beat the consensus of $0.19.
Price Action: CALX shares traded higher by 0.98% at $61.74 on the last check Monday.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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