Tellabs to Hold 2010 Annual Meeting of Stockholders on April 29
January 27 2010 - 10:30AM
PR Newswire (US)
Vincent H. Tobkin nominated for election; Fred A. Krehbiel will
retire NAPERVILLE, Ill., Jan. 27 /PRNewswire-FirstCall/ -- Tellabs
will hold its 2010 Annual Meeting of Stockholders on April 29,
2010, at 2 p.m. Central Daylight Time at Northern Illinois
University, 1120 East Diehl Road, Naperville, Ill. Directors up for
re-election are Michael J. Birck, Linda Wells Kahangi, and Robert
W. Pullen. Current director Fred A. Krehbiel will retire after 25
years of serving as a Tellabs director. The nominating and
governance committee has recommended the election of Vincent H.
Tobkin, a senior advisor at Bain & Company, to the Tellabs
board. Vincent H. Tobkin, 58, is a senior advisor, a retired
director and global telecom/technology practice leader of Bain
& Company. Previously, he was a general partner and a founder
of Sierra Ventures, a startup-oriented venture capital firm, and
partner and consultant with McKinsey and Company. Tobkin holds a
S.B. and a S.M. in electrical engineering from Massachusetts
Institute of Technology, an M.B.A. from Harvard University and a
J.D. from Harvard University. For a photo of Vincent Tobkin, see
http://www.tellabs.com/news/photos/tobkin.jpg. "Vince brings a vast
knowledge of the telecommunications industry and business practices
to help Tellabs focus on executing our strategy," said Tellabs
chairman Michael J. Birck. "Although Fred will be tough to follow,
we believe that Vince is committed to helping our customers succeed
and growing the company with innovative products." Fred A.
Krehbiel, 68, serves as a co-chairman of Molex Incorporated since
1999. Previously, he was Molex co-chairman and chief executive
officer 2004-2005; chairman of the board and chief executive
officer 1993-1999; vice chairman and chief executive officer
1988-1993. He joined Tellabs' Board of Directors in 1985 and has
served continuously since then. "I want to personally thank Fred
Krehbiel for his quarter-century of service to Tellabs shareholders
as a director," said Tellabs chairman Michael J. Birck. "Fred's
business acumen and dedication have been a tremendous asset to
Tellabs, and we wish him well in his future endeavors."
Stockholders will also vote on the ratification of Ernst &
Young LLP as Tellabs' independent auditors for 2010. Simultaneous
Webcast -- Internet users can hear a simultaneous webcast of the
Tellabs annual meeting at 2 p.m. Central Daylight Time on April 29,
at http://www.tellabs.com/; click on the webcast icon. About
Tellabs -- Tellabs helps customers succeed through innovation.
That's why 43 of the top 50 global telecom service providers choose
our mobile, optical and business solutions. We help telecom service
providers, independent operating companies, MSO/cable TV companies,
enterprises and government agencies get ahead by adding revenue,
reducing expenses and optimizing networks. With wireless and
wireline networks in more than 90 countries, we enrich people's
lives by innovating the way the world connects(TM). Tellabs
(NASDAQ:TLAB) is part of the NASDAQ Global Select Market, Ocean
Tomo 300(TM) Patent Index, the S&P 500 and several corporate
responsibility indexes including Maplecroft Climate Innovation
Index, FTSE4Good and eight FTSE KLD indexes.
http://www.tellabs.com/ Tellabs® and Tellabs Logo® are trademarks
of Tellabs or its affiliates in the United States and/or other
countries. Any other company or product names mentioned herein may
be trademarks of their respective companies. DATASOURCE: Tellabs
CONTACT: Media, George Stenitzer, +1-630-798-3800, , or Investors,
Tom Scottino, +1-630-798-3602, , both of Tellabs Web Site:
http://www.tellabs.com/
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