SAN JOSE, Calif. (AP) — Videoconferencing equipment maker Polycom said Tuesday that former NCR Corp. executive Peter Leav has become its president and CEO.
Polycom said Leav joined the company on Monday, and is also taking a seat on the board of directors. Leav, 42, had worked at NCR since 2009 and been in charge of NCR's industry and field operations since June 2012. Before that he was an executive for Motorola.
Interim CEO Kevin Parker will remain chairman of Polycom's board.
Polycom Inc.'s former CEO, Andrew Miller, resigned in July after the board found "irregularities" in his expense submissions. The discovery did not affect the company's financial statements and didn't involve other employees. Parker became interim CEO. He is the chairman of the board and a managing principal at private equity firm Bridge Growth Partners LLC and has been a Polycom director since 2005.
NCR makes ATMs and other hardware and software to handle payments.
Polycom shares slipped 4 cents to $10.59 in morning trading.