Extreme Networks' CEO to Retire

Extreme Networks' President and CEO, Gordon Stitt, announced plans to retire during the 2006 calendar year after 10 years in the position. The company has formed a search committee, led by an independent director, to search for and select a new CEO. Mr. Stitt will be active in finding his replacement, and will continue to lead the company until that replacement is found. Upon the appointment of a new CEO, Mr. Stitt will assume the position of Chairman of the Board of Directors.

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