In September, Extreme hired an executive search firm to replace CFO Drew Davies, who left the company at that time to pursue an executive finance position outside of the networking industry. Davies has since begun working as CFO for Natus Medical.
Extreme had named Matt Cleaver, its vice president of finance, as its interim CFO. Cleaver has worked at Extreme since 2012, starting as the senior director of financial planning and moving to his current role as the VP of financial planning and analysis. With the new CFO, Cleaver will resume his previous position as part of Thomas’ staff.
Thomas comes from CA Technologies where he served as its senior vice president of corporate controller for the last year and a half. Prior to that, Thomas was the VP of finance at Hewlett Packard Enterprise (HPE). And he held a number of CFO roles at Alcatel-Lucent for various business units including APAC and wireless networks and was the head of M&A at the time of the merger between Alcatel-Lucent and Nokia.
Thomas will report to Extreme Networks CEO Ed Meyercord starting November 26, 2018. Meyercord highlighted Thomas’ merger and acquisition experience and his understanding of software as main reasons for his hiring.
CA Technologies was recently acquired by Broadcom for $18.9 billion. Days after the deal closed, Broadcom slashed more than 300 workers from two of CA Technologies’ offices in New York. According to a State of California notice filed in November, Broadcom laid off 119 employees from CA Technologies’ headquarters in Santa Clara, effective January 8, 2019.
According to LinkedIn, Thomas was based out CA Technologies’ Santa Clara office, although it is not known who was affected by the cuts made by Broadcom.