Vonage's CEO Steps Down

April 2007
Multichannel News;4/16/2007, Vol. 28 Issue 16, p4
The article reports on the resignation of Michael Snyder as chief executive officer (CEO) of Holmdel, New Jersey-based Internet telephone company Vonage Holdings. The company also plans to lay off 10% of employees as part of cutting expenses by $140 million in 2007. A federal judge has ordered the company to stop enrolling new customers. Founder and chairman Jeffrey A. Citron was named interim CEO.


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