Meru Networks Streamlines Sales Management

(RTTNews) - Meru Networks Inc. (MERU) announced a restructuring of its sales organization with geographic sales vice presidents reporting directly to the CEO, eliminating a layer of sales management and streamlining its sales operations. These actions are a continuation of the previously commenced restructuring announced in January.

Effective immediately, Tom Palomaki, Vice President of Sales North America, and David Kelly, Vice President of Sales International, will report directly to Bami Bastani, President and CEO of Meru Networks. Larry Vaughan, Senior Vice President Worldwide Sales & Field Operations, is departing the company.

"We expect to announce results consistent with our first quarter 2015 guidance for revenues and non-GAAP earnings per share issued on February 09, 2015. We expect to achieve first quarter results slightly better than current analyst consensus for both quarterly revenues and non-GAAP earnings per share. In addition, we are pleased with the beginning pipeline entering the second quarter of 2015," said Bastani.