Mike Snyder Leaves ADT for VoIP Phone Service Provider Vonage
Vonage Holdings Corp. has named long-time ADT
Security Services President Mike Snyder CEO of
voice over Internet protocol (VoIP) phone service provider
Vonage. He replaces Vonage founder and Chairman of the
Board Jeffrey Citron, who now becomes the company’s
chairman and chief strategist. In his new role, Snyder will
oversee the day-to-day operations of various entities
within the Vonage umbrella.
“Over the past four months, I have actively recruited Mike to take on the CEO role within Vonage’s management team to run Vonage’s day-to-day operations. Now with Mike onboard, I can get back to working on what I love: the go-to-market strategy for products, technical vision and core values of the company I founded more than five years ago with four engineers and a folding table,” said Citron, in a statement. “The board and I are very excited to welcome Mike to the Vonage team, and we are very happy to make him part of our vision.”
Snyder, who began his career with ADT in 1977, has held the title of president of the Tyco Fire & Security installation and services company since 1997. During his tenure as president of ADT, he grew the company to serve more than six million customers in North America, increasing revenues six-fold. For more on Snyder, check out the exclusive, in-depth interview in the August 2004 issue of Security Sales & Integration.
Snyder’s departure comes on the heels of an announcement by Tyco Int’l last month that the conglomerate would break its business up into three separate companies, with its electronics and health care operations being spun off, and the valve and fire and security businesses remaining with the parent company. The latter includes such prominent names as ADT, Sensormatic, American Dynamics and DSC.
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