- magicJack (CALL) has appointed telecom industry vet Timothy McDonald to the newly-created position of COO. Among other things, McDonald has worked as a partner for telecom/tech investment firm Eagle River, and handled telecom investments for a $3B Merrill Lynch investment team. (PR)
- The appointment comes a month after magicJack struck a deal with controversial founder Dan Borislow under which Borislow will refrain from having any involvement in the consumer VoIP service provider's operations. Borislow was removed as CEO a year ago.
at CNBC.com (Aug 12, 2014)