Avaya announced it has appointed Patrick O’Malley as Senior Vice President and Chief Financial Officer, effective immediately. David Vellequette, who has served as Avaya’s CFO for the past five years, will remain as Senior Vice President of Finance until the end of 2017 to ensure a smooth transition and help complete Avaya’s debt restructuring and public listing efforts.
Mr. O’Malley joins Avaya following a 30-year career with Seagate Technology, where he served in a variety of roles, including as CFO from 2008 to 2015. During his career at Seagate, he played an integral role in helping the company with its re-listing on the NASDAQ after two years of private ownership and with the restructuring of its debt following the 2008 financial crisis.
“We’re thrilled to welcome Pat to Avaya’s leadership team,” said Jim Chirico, President and Chief Executive Officer of Avaya. “Pat is a proven public company executive, whose experience is directly relevant to building Avaya’s next chapter, including our emergence from Chapter 11 as a public company. We look forward to benefiting from his deep financial expertise and the wealth of knowledge he’s accumulated working in enterprise technology for over 30 years. I’d also like to thank Dave for his contributions to Avaya and wish him well in his future endeavors.”
Mr. O’Malley will be responsible for financial governance and management of Avaya’s financial operations, including overall responsibility for the controller’s organization, financial planning, treasury, tax and investor relations.
“I’m excited to join Avaya at such a pivotal moment in the company’s history,” said Mr. O’Malley. “I look forward to working closely with Jim and the team to help position the company for the future, including capitalizing on the immense opportunity ahead and setting Avaya on a path of long-term, sustainable growth.”
Mr. O’Malley holds a B.A. in Accounting from the University of Notre Dame.