Peter A. Leav is new president and CEO of Polycom

BANGALORE, INDIA: Polycom, Inc., the global leader in open, standards-based unified collaboration, today announced that Peter A. Leav has joined the company as president and chief executive officer. He also will serve as a Director on Polycom's Board of Directors.

Leav succeeds interim CEO Kevin Parker, who will continue serving as Chairman of the Board of Polycom, and will work closely with Leav on a transition plan that continues Polycom's focus on innovation, operational excellence and profitability.

"Peter's strong background in operations, general management and sales, spanning a successful 20+ year career in communications, technology and services and his energy and passion are strong assets to take Polycom to the next level," said Parker. "We are delighted to have Peter come on board to lead Polycom into the future. His experience leading a global organisation and his proven track record of driving revenue and shareholder value made Peter the natural choice for us."

Leav assumed the role on Monday, Dec. 2, 2013, and will be based out of the company's global headquarters in Silicon Valley.

"Polycom is a proven innovator and leading provider of secure, interoperable collaboration solutions to enterprises, from voice to video to content sharing," Leav said. "The future opportunity is unlimited as most organisations across the world are just beginning to discover the amazing benefits Polycom collaboration solutions can bring to them. Providing the industry's best end-to-end customer experience, while improving operating margin and driving long-term shareholder value, will be top priorities for me and for our Company. I am very excited to work with our team as we enhance our strategy, drive results and continue our innovation leadership in this evolving industry."

During Leav's tenure at NCR, revenues grew from $4.6 billion in 2009 to $5.7 billion in 2012. In his most recent role at NCR, Leav was Executive Vice President and President of Industry and Field Operations. Leav was responsible for leading a team of approximately 8,000 employees across 120 countries and for delivering annual revenue of more than $5.7 billion in 2012. He led NCR's global go-to-market efforts, including the NCR Global Sales organisation's direct and indirect sales channels, Professional Services, and Industry Lines of Business, focusing on customers in the Financial Services, Retail, Hospitality, Travel and Technology and Telecom industries. Leav also led NCR's Interactive Printer Solutions division, managing its global footprint of manufacturing and distribution capabilities. Leav was a member of NCR's Executive Committee, helping to develop and execute on the company's global strategy.