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Spirent Communications names another Eric as its chief executive officer

The FTSE 250-listed firm said Eric Upkye will join the company on 1 April 2019 as a director and CEO-designate and will take up the CEO position following the group’s AGM on 1 May 2019

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It was announced in November 2018 that Eric Hutchison wished to retire from the group after 37 years of employment

Spirent Communications PLC (LON:SPT) has named another Eric as its chief executive officer, with Eric Updyke set to take over from Eric Hutchinson in the top job.

The FTSE 250-listed communications technology company said Upkye will join the company on 1 April 2019 as a director and CEO-designate and will take up the CEO position following the group’s AGM on 1 May 2019.

READ: Spirent looks to 5G to maintain momentum as profits jump by third

It was announced in November 2018 that Hutchison wished to retire from the group after 37 years of employment, having been appointed CEO in 2013.

The company pointed out that Updyke has extensive experience in international business management with a strong technical understanding of the markets in which the group operates.

The firm noted that he has worked in various sections of the industry over the last 30 years and has led transformative growth programmes on a global scale.

Most recently, it added, Updyke was a member of the executive management team of Amdocs as group president, services at Amdocs Ltd where he had global responsibility for the entire Managed Services, Testing and SI businesses.

Commenting on the appointment, Spirent’s chairman Bill Thomas said: "The Board wanted to appoint an executive who was growth-oriented with global experience and deep expertise in our chosen markets. We are delighted to appoint Eric and are confident that he meets all those criteria.”

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Price: 215 GBX

LSE:SPT
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Market Cap: £1.32 billion
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