Chatsworth, Ca., USA - August 26, 2014, Chatsworth, Ca., USA - MRV Communications, a provider of optical network solution, announced it named Mark J. Bonney as its executive vice president and chief financial officer.
Article continues below
Mr. Bonney, who has been serving as a director of MRV since April 2013, will be replacing Stephen Garcia as the Company’s CFO, effective August 25, 2014. Mr. Bonney has been on the MRV board of directors since April 2013. He also has served as the president and CEO of On Board Advisors, LLC, a strategic and financial advisory firm since January 2013. From March 2010 to December 2012, Mr. Bonney was EVP and CFO of Direct Brands, Inc., a direct-to-consumer marketing company.
From 2005 to 2008, he was EVP and CFO of American Bank Note Holographics, Inc. (ABNH), a publicly-traded, global supplier of optical security devices. He earned the CFO of the year award for best turnaround manager by NJ Biz. He remained at JDSU through 2010 as the VP and general manager of its authentication solutions group. From 2002 to 2005, Mr. Bonney was an independent director of ABNH and several private companies and provided interim leadership at a number of companies.
Prior to 2002, he held senior financial and operating roles: president, COO and director at Axsys Technologies, Inc., a publicly traded leading manufacturer of highly sophisticated components and subsystems used in aerospace, defense, data storage, medical and other high technology markets; and CFO and VP of operations at Zygo Corporation, a Nasdaq-traded manufacturer of metrology measurement and control systems and optical components used in semiconductor, data storage and other high technology markets.
Mr. Bonney is currently a director of Sigma Designs, Inc., Nasdaq-traded provider of semiconductor solutions used to deliver entertainment and control throughout the home, where he has served since August 2012, and of Zix Corporation, a Nasdaq-traded email encryption services company, where he has served since January 2013. ■