Plano-based DZS, a developer of networking and connectivity solutions enabling broadband everywhere, announced that CFO Misty Kawecki will step down at the end of this month, following the successful completion of its financial restatement.
Misty Kawecki
“The board of directors and I appreciate Misty guiding us through the completion of our restatement process,” DZS President and CEO Charlie Vogt said in a statement. “With the restatement now behind us, and our regional go-to-market strategy squarely focused on North America, EMEA, and ANZ following the divestiture of the Asia business and our acquisition of NetComm, we must turn the page and focus on a new chapter leveraging the industry’s most advanced networking and connectivity solutions.”
Brian Chesnut has been named interim CFO. In April, the company appointed Chesnut as chief accounting officer.
Chesnut came from Continental Battery, a roughly $1 billion battery systems company. He received his Master’s of Accounting from the University of Utah along with dual Bachelor’s degrees in Accounting and Finance. He is a certified public accountant licensed in the states of Texas and Utah.
“It has been a dynamic market environment over the past several years fueled and impacted by the Covid pandemic,” Kawecki said in a statement. “I’m grateful to have had the opportunity to lead a committed finance team that persevered through multiple acquisitions, a global ERP implementation and financial restatement. Charlie is a visionary with valuable relationships that span the broadband industry, and I’m grateful to have worked alongside such a committed and resilient leader as well as his talented management team.”
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