CENX took another step forward today with the hiring of its first CEO, Sandy Brown. Mr. Brown served previously in various executive roles at AT&T, including being behind the successful development and deployment of AT&T’s Carrier Ethernet services – which is obviously quite relevant experience when taking the helm at a Carrier Ethernet Exchange. It must be quite a change though to move from the largest of venues to a startup with a single product line.
The change does not foretell a shakeup at CENX, rather it simply suggests the continuing transition of the company from an idea into a viable commercial entity. Co-founder Nan Chen remains as President One can think of Nan as the guardian of the message, while Sandy will be scaling the business’s operations themselves. A few weeks ago also they hired Tony Thakur to head up engineering and operations as well. They are obviously assembling an operational team.
CENX recently reached the milestone of 10M endpoints available via its exchange. The next challenge really is to turn that critical mass of potential connectivity into one that carriers use on a daily basis to reach new customers. Sandy has his work cut out for him there, but then so do we all.
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Any idea who is a front runner of the current exchanges that are out there? Likely consolidation in the space at some point?