Vonage Holdings Corp. Appoints David Pearson Chief Financial Officer
HOLMDEL, N.J., April 26, 2013
HOLMDEL, N.J., April 26, 2013 /PRNewswire/ --Vonage Holdings Corp. (NYSE:
VG), a leading provider of communication services connecting people through
cloud-connected devices worldwide, today announced the appointment of David T.
Pearson as Chief Financial Officer and Treasurer, effective May 1, 2013.
Mr. Pearson joins Vonage from Deutsche Bank, where he spent more than nine
years as a Managing Director and was Global Media & Telecom Group Head,
building one of the top U.S. and global media and telecommunications
investment banking teams. Mr. Pearson managed a large and diverse team of
professionals and was responsible for all aspects of the group, including
strategic planning, capital allocation, personnel, risk management and
compliance, in addition to advising clients on mergers and acquisitions and
Mr. Pearson brings more than 18 years of executive leadership experience and
more than 21 years of relevant industry experience. Prior to joining Deutsche
Bank, he worked at Goldman, Sachs & Co. for nine years, leaving as a Managing
Director in the firm's Technology, Media & Telecommunications (TMT) practice.
While at Goldman, he focused on advising major telecommunications and wireless
providers and also advised on cable, broadcasting and technology transactions.
During his banking career, Mr. Pearson advised on more than 30 completed M&A
transactions and raised more than $50 billion of equity and debt capital for
global TMT clients.Mr. Pearson started his career as a consultant at Coopers
& Lybrand, where he worked on strategy, business process re-engineering and
emerging market privatization projects, all within the global
Vonage Chief Executive Officer Marc Lefar commented, "We are thrilled to have
Dave join the Vonage team. He brings deep knowledge and experience in the
telecommunications and wireless industry, along with financial and management
expertise that will be invaluable in driving the planning and execution of our
financial strategy and corporate development efforts. Dave will also play an
instrumental role in executing our strategic growth initiatives in our core
business, international expansion and mobile services."
"I am delighted to join Vonage and a talented senior leadership team," Mr.
Pearson said. "I have admired the company's business and financial turnaround
over the last several years, and I am excited about Vonage's future and the
opportunity to help shape its strategicdirection and contribute to its
Mr. Pearson earned his M.B.A. from Harvard Business School and his A.B. in
Political Science and Organizational Behavior/Management from Brown
Vonage (NYSE: VG) is a leading provider of communications services connecting
individuals through cloud-connected devices worldwide. Our technology serves
approximately 2.4 million subscribers. We provide feature-rich, affordable
communication solutions that offer flexibility, portability and ease-of-use
for both landline and mobile phones. Our Vonage World plan offers unlimited
calling to more than 60 countries with popular features like call waiting,
call forwarding and visual voicemail – for one low monthly rate. Our Vonage
Mobile app is a free downloadable app for iPhone® and Android™ that lets users
talk, text and video call worldwide for free with anyone else who uses the
app. Vonage's service is sold on the web and through regional and national
retailers including Walmart, Best Buy, Kmart and Sears, and is available to
customers in the U.S. (www.vonage.com), Canada (www.vonage.ca) and the United
Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage® is a
registered trademark of Vonage Marketing LLC, owned by Vonage America Inc.
To follow Vonage on Twitter, please visit www.twitter.com/vonage. To become a
fan on Facebook, go to www.facebook.com/vonage. To subscribe on YouTube, visit
SOURCE Vonage Holdings Corp.
Contact: Jo Ann Tizzano, Media, Vonage, 732-365-1363,
email@example.com, or Leslie Arena, Investor, Vonage, 732-203-7372,
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