Ixia Names Brent Novak CFO - Quick Facts

(RTTNews) - Technology firm Ixia (XXIA) Tuesday said its board of directors has appointed Brent Novak as its chief financial officer, effective today.

Novak has around 20 years of corporate finance experience. He has served as Ixia's vice president, finance since 2006 and managed the company's planning, reporting and tax functions.

In addition, he has served as acting chief financial officer since March and assumed overall responsibility for the company's accounting, treasury and revenue recognition functions.

Bethany Mayer, Ixia's president and CEO, said, "Brent is a seasoned financial executive and possesses a deep knowledge and history of Ixia's business. In his role as acting chief financial officer, he has demonstrated tremendous leadership and was instrumental in bringing the company current with its quarterly and annual reporting requirements."