MRV Communications Names Mark Bonney CFO - Quick Facts

(RTTNews) - MRV Communications (MRVC), a provider of converged packet and optical solutions, said it named Mark Bonney, 60, as its executive vice president and chief financial officer.

Bonney, who has been serving as a director of MRV since April 2013, will be replacing Stephen Garcia as CFO, effective August 25. Bonney will report to CEO David Stehlin and remain on the board.

Bonney has been on the MRV board of directors since April 2013. He also has served as the president and CEO of On Board Advisors, LLC, a strategic and financial advisory firm since January 2013.

From March 2010 to December 2012, Bonney was EVP and CFO of Direct Brands, Inc., a leading direct-to-consumer marketing company.

From 2005 to 2008, he served as EVP and CFO of American Bank Note Holographics, Inc., a publicly-traded, global supplier of optical security devices.