Avaya names Becky Roof named interim CFO amid Kieran McGrath retirement

Avaya Holdings announced certain changes to its executive team as the Company continues executing on its transformation to subscription and cloud-delivered services. Kieran McGrath will retire as Executive Vice President and Chief Financial Officer. Becky Roof, Managing Director at global consulting firm AlixPartners has been appointed as interim Chief Financial Officer. These changes are effective November 9 and Mr. McGrath has agreed to continue with Avaya in an advisory capacity until December 1 to ensure a smooth transition. Additionally, the Company announced that Shefali Shah, Executive Vice President and Chief Administrative Officer, will take on responsibilities in connection with strategic initiatives being implemented by Alan Masarek, the Company’s President and Chief Executive Officer. In connection with Ms. Shah’s assumption of these responsibilities, Vito Carnevale, the Company’s General Counsel, who oversees Avaya’s legal, compliance and security functions, will report to Mr. Masarek. Avaya has retained an outside executive search firm to help identify a permanent Chief Financial Officer.