{"id":40060,"date":"2021-06-17T05:29:22","date_gmt":"2021-06-17T05:29:22","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=75205"},"modified":"2021-06-17T05:29:22","modified_gmt":"2021-06-17T05:29:22","slug":"synchronoss-announces-cfo-transition-plan","status":"publish","type":"post","link":"https:\/\/dailysouthafrica.com\/synchronoss-announces-cfo-transition-plan\/","title":{"rendered":"Synchronoss Announces CFO Transition Plan"},"content":{"rendered":"
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Company Reaffirms Fiscal Year 2021 Guidance<\/h4>\n

BRIDGEWATER,\u00a0N.J., June 16, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc.<\/a>\u00a0(NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms,\u00a0today announced\u00a0a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal and career interests. Clark\u2019s transition is unrelated to the Company\u2019s financial reporting and business performance, and the Company is reaffirming 2021 guidance previously provided on May 10, 2021, in parallel with today\u2019s announcement. Clark was appointed CFO in August 2018.<\/p>\n

Commenting on Clark\u2019s departure, Jeff Miller, President and CEO of Synchronoss, said: \u201cI\u2019ve enjoyed working alongside David and thank him for his commitment to the Company. David joined Synchronoss to make enhancements to our operational controls and reporting. During his tenure he has helped Synchronoss navigate successfully through significant improvements in management of operating expenses and implementation of financial governance and controls. I firmly believe his contributions have positioned us for future growth and success. On a personal note, I wish him only the best with his future endeavors and appreciate his support during this leadership transition.\u201d<\/p>\n

An executive search for Clark\u2019s replacement is currently underway. He will remain in his current role until his departure date and will support Synchronoss as it transitions the CFO role to a successor.<\/p>\n

About Synchronoss<\/strong>
\nSynchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company\u2019s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That\u2019s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com<\/a><\/p>\n

Forward-Looking Statements<\/strong><\/p>\n

This press release includes statements concerning Synchronoss and its future expectations, plans and prospects that constitute \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words \u201cmay,\u201d \u201cshould,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201ccould,\u201d \u201cintends,\u201d \u201cbelieves,\u201d \u201cpotential\u201d or \u201ccontinue\u201d or other similar expressions are intended to identify forward-looking statements. Synchronoss has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, risks relating to the Company\u2019s ability to sustain or increase revenue from its larger customers and generate revenue from new customers, the Company\u2019s expectations regarding expenses and revenue, the sufficiency of the Company\u2019s cash resources, the Company\u2019s growth strategies, the anticipated trends and challenges in the business and the market in which the Company operates, the Company\u2019s expectations regarding federal, state and foreign regulatory requirements, the pending lawsuits against the Company described in its most recent SEC filings, and other risks and factors that are described in the \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d sections of the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, which are on file with the SEC and available on the SEC\u2019s website at www.sec.gov<\/a>. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.<\/p>\n

Media Contacts<\/strong><\/p>\n

For Synchronoss: <\/strong>
\nAnais Merlin, CCgroup UK
\nDiane Rose, CCgroup US
\nE: synchronoss@ccgrouppr.com<\/a><\/p>\n

Investor Contact<\/strong>
\nFor Synchronoss: <\/strong>Todd Kehrli\/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Company Reaffirms Fiscal Year 2021 Guidance BRIDGEWATER,\u00a0N.J., June 16, 2021 (GLOBE NEWSWIRE) \u2014 Synchronoss Technologies, Inc.\u00a0(NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms,\u00a0today announced\u00a0a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[],"yoast_head":"\nSynchronoss Announces CFO Transition Plan - Daily South Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailysouthafrica.com\/synchronoss-announces-cfo-transition-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Synchronoss Announces CFO Transition Plan - 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