Former executive at Cisco, McConnell brings 25 years of product and business development expertise, with focus on Internet communications and collaboration technologies
CAMBRIDGE, MA – October 26, 2011 - Akamai Technologies, Inc. (NASDAQ:AKAM, news, filings), the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere, announced today the appointment of Rick M. McConnell as Executive Vice President, Products and Development, effective November 1, 2011.
Mr. McConnell will be responsible for leading Akamai's product divisions, including the company's Site, Enterprise Cloud and Media divisions, and will oversee all development and management of Akamai's market-leading product lines. Mr. McConnell will report to Paul Sagan, Akamai President and CEO.
Having served in a number of senior executive positions at Cisco Systems, Mr. McConnell was Vice President and General Manager of the Unified Communications Business Unit in Cisco's Voice Technology Group, managing over 600 people around the globe with a focus on engineering and product management. His time at Cisco also includes having led strategy and operations for the company's $5 billion Communications and Collaboration business. He also served as Vice President, Collaboration Software Sales, responsible for global WebEx sales and for Cisco's workspace applications, including conferencing and client software.
"Rick's strong background in complex Internet technologies and products will be a major asset to Akamai," Mr. Sagan said. “He has played a significant role in transforming product development and sales throughout his career, and in leading cross functional product teams. We believe Rick will be an invaluable addition to our team as we continue to drive faster innovation of new products and solutions to help our customers succeed in today's hyperconnected world."
"Given the rapid pace of progress in mobility, cloud technologies, security and online video, Akamai is well positioned for continued growth and making a real difference in how businesses leverage the Internet," Mr. McConnell said. “They have an impressive team, and I'm excited to help drive innovation and market leadership with Akamai's world-class products and solutions."
Mr. McConnell joined Cisco in 2004 when Cisco acquired Latitude Communications, a provider of fully integrated voice and web conferencing solutions. He served as Latitude's President and Chief Executive Officer beginning in 2002, and prior to that was the company's President and Chief Operating Officer.
Earlier in his career, Mr. McConnell was an executive at Storm Technology, and he was a financial engineer at Credit Suisse First Boston.
Mr. McConnell holds a Bachelor of Arts degree in Quantitative Economics and a Masters of Business Administration, both from Stanford University.
He will be based in Akamai's San Mateo, CA, office.
Akamai® is the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere. At the core of the Company's solutions is the Akamai Intelligent Platform™ providing extensive reach, coupled with unmatched reliability, security, visibility and expertise. Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud. To learn more about how Akamai is accelerating the pace of innovation in a hyperconnected world, please visit www.akamai.com and follow @Akamai on Twitter.