Juniper's CEO to Step Down After 5 Years with the Company

Kevin Johnson, Juniper's CEO, announced plans to retire once a successor and an orderly transition is accomplished.

Johnson said, "It has been a privilege to have served as Juniper's CEO during the past five years. Juniper has an exceptional management team and world-class employees and together we have grown our business and strengthened our position in the networking industry. Networks are being transformed by the rapid increase in traffic volume, cloud computing and the mobile Internet and we are entering a fresh cycle of customer investments in the network. With this positive momentum, I believe it is a good time to transition to new leadership and drive the next phase of Juniper's growth, and I look forward to working with the board to ensure a seamless transition. I am confident in the current strength and long-term potential of Juniper's business, as evidenced by the results of the most recent quarter and the company's proven ability to innovate and execute."

http://www.juniper.net

On July 23, 2008, Juniper Network appointed Kevin Johnson as its new CEO, replacing Scott Kriens who will continue as chairman of the board and will remain active in the areas of strategy and leadership development.


Johnson joins Juniper Networks from Microsoft, where he served in a range of strategic executive assignments over the course of his 16-year tenure, most recently as president of the Platforms and Services Division. Under his leadership, the division achieved record breaking results with over $20 billion in revenue in fiscal year 2008. In addition to leading the Windows business, Mr. Johnson focused on building Microsoft's position as a leader in online advertising and evolving its "software + services" strategy.