Polycom’s New Chief Financial Officer: Laura Durr

Laura Durr was named Polycom’s Chief Financial Officer. The company announced this formal announcement for the position last May 29, 2014, to be effective immediately. Durr is expected to head the intensive efforts of the company to focus on improving its operating performance and its profitable growth.

Laura Durr’s 9 out of her 10 years in the company was spent serving as Polycom’s Principal Accounting Officer. Despite her appointment as Interim CFO last March 2014, her role as the company’s Principal Accounting Officer will remain and be added to her new responsibilities in her new appointment. And along with this, she will still continue to report to Polycom President and CEO Peter Leav.

Polycom’s Work Timeline of Laura Durr

• 2004: First joined the company
• March 2005: Appointed as Polycom’s Principal Accounting Officer
• March 2014: Appointed as Polycom’s Interim CFO

Before Laura Durr’s engagement in Polycom, she was an executive of the Finance and Administration sector in several companies in the industry, including:

• QuickSilver Technology
• C Speed Corporation
• Lucent Technologies

A certified public accountant holding a B.S. Accounting degree at the San Jose State University, Laura Durr also previously spent six years at the Price LLP.

Polycom President and CEO Peter Leav is convinced with the appointment and said, “Laura has consistently shown unwavering commitment to successfully achieving our goals of driving profitable growth and operating performance, and demonstrated her abilities as a respected manager and a leader with integrity. Following an extensive search that included many qualified candidates, I am very pleased to have Laura as our new CFO and look forward to working closely with her to drive customer success and lead the transformation of our industry.”

Meanwhile, Laura Durr said, “Increasing operating margin performance is our number-one financial priority for the company in 2014. We remain committed to driving shareholder value through smart investments, like our Return of Capital Program, product differentiation, operational excellence and continued expansion of our business into growth areas.”

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