Pac-West Announces New Officer Roles
26 Juli 2006 - 11:30PM
PR Newswire (US)
STOCKTON, Calif., July 26 /PRNewswire-FirstCall/ -- Pac-West
Telecomm, Inc. (NASDAQ:PACW), a leading provider of next generation
and traditional voice communications services, today announced new
roles for two members of its officer team, effective July 20, 2006.
Ravi Brar, Pac-West's Chief Financial Officer will be assuming the
role of Chief Operating Officer; and Michael Sarina, Pac-West's
Vice President of Finance will be assuming the role of Chief
Financial Officer. Hank Carabelli, Pac-West's President & CEO,
commented, "These changes are part of our continuing efforts to
align resources to best serve the needs of the business as we
implement our national VoIP infrastructure platform. As COO, Ravi
will be leveraging his 7 years of experience with Pac-West, and
background in finance and human resources, to focus on the
successful implementation of our strategic imperatives. As CFO,
Mike will be applying his strong financial and entrepreneurial
experience to guide Pac-West's financial goals. We are fortunate to
have the experience and flexibility to focus our resources on
achieving our key strategic imperatives." Mr. Brar, age 37, joined
Pac-West in July 1999 as Vice President of Business Development. He
was appointed Vice President of Customer Operations in October of
2000, Vice President of Finance and Treasurer in August of 2001,
and Chief Financial Officer in September of 2002. Prior to joining
Pac-West, Mr. Brar was employed with Xerox Corporation from 1991 to
1999, where he held several senior level business development and
financial management positions, including Business Development
Manager of Developing Markets Operations in China and Russia, and
Area General Manager and Controller of Xerox's Business Services
division in Pittsburgh, PA. Mr. Sarina, age 56, joined Pac-West as
Vice President of Finance in December of 2005. Mr. Sarina brings
over 20 years of financial experience and has held positions as
Senior Vice President, CFO and COO at Mobex Communications Corp (a
wireless telecommunications company), as well as holding Corporate
Vice President positions with Wilbur-Ellis, Spreckels, and Sequel,
Inc. (formerly Unisys Peripheral Products), and senior financial
management positions at California Microwave, Inc., and Verbatim.
Mr. Sarina was also a Certified Public Accountant with Deloitte
& Touche. About Pac-West Telecomm, Inc. Pac-West is a provider
of advanced communications services that enable traditional and
next-generation providers, carriers, and service providers to
efficiently design, deploy, and deliver integrated communication
solutions. Currently, Pac-West has operations in California,
Nevada, Washington, Arizona, Utah, Oregon, Idaho, Washington D.C.,
Colorado, Pennsylvania, Florida, Maryland, Alabama, North Carolina,
South Carolina, New Jersey and New York. Founded in 1980, Pac-West
Telecomm, Inc. has been offering communication services to its
customers since 1982 and has been a leading provider of wholesale
services to Internet Service Providers. For more information, visit
http://www.pacwest.com/ . Forward-Looking Statements In this press
release, our use of the words "outlook," "expect," "anticipate,"
"estimate," "forecast," "project," "likely," "objective," "plan,"
"designed," "goal," "target," and similar expressions is intended
to identify forward-looking statements. While these statements
represent our current judgment on what the future may hold, and we
believe these judgments are reasonable, actual results may differ
materially due to numerous important risk factors that are
described in our Annual Report on Form 10-K for the period ended
December 31, 2005, as filed with the SEC on March 29, 2006, which
may be revised or supplemented in subsequent reports filed by us
with the SEC. Such risk factors include, but are not limited to:
our level of indebtedness; an inability to generate sufficient cash
to service our indebtedness; regulatory and legal uncertainty with
respect to intercarrier compensation payments received by us; the
migration to broadband Internet access affecting dial-up Internet
access; the loss of key executive officers could negatively impact
our business prospects; an increase in our network expenses;
migration of our enterprise customer base to U.S. TelePacific Corp.
occurring sooner than contemplated; the possible delisting of our
common shares from the Nasdaq SmallCap Market; and our principal
competitors for local services and potential additional competitors
have advantages that may adversely affect our ability to compete
with them. DATASOURCE: Pac-West Telecomm, Inc. CONTACT: media, John
Amaya, +1-209-926-4371, or , or investors, Reid Cox,
+1-209-926-3417, or , both of Pac-West Web site:
http://www.pacwest.com/
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