North Billerica, MA | Boston, MA
On August 28, 2006, the Board of Directors of the Company appointed William J. Stuart, age 55, as Senior Vice President of Finance, Chief Financial Officer, Treasurer and Secretary of Avici Systems Inc., to serve until the next annual meeting of the Board of Directors, until his successor is duly elected or until his earlier resignation or removal. Prior to joining Avici, Mr. Stuart was a general partner of Still River Funds, a venture capital firm specializing in information technology, communications and life sciences from September 2001 to August 2006. Prior to that Mr. Stuart was Vice President of Business Development for ADC Telecommunications from October 2000 to September 2001 following its acquisition of Broadband Access Systems, Inc., a privately-held manufacturer of cable modem termination systems, where Mr. Stuart was Chief Financial Officer from October 1999 to September 2000.
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