A former Intel executive, David House, is to replace Andrew Ludwick as chairman and chief executive officer of networking giant Bay Networks.
House was at Intel for 22 years, ending up as a senior vice president in charge of the company?s server products division, one of its most strategic areas. He will now take the helm at Bay which, although well regarded, has suffered for three consecutive quarters with flat sales and lagging profits. Ludwick resigned from the company two weeks ago after promising for months to step down.
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