OREANDA-NEWS. (NASDAQ: VIAV) Viavi Solutions Inc. ("Viavi"), has appointed Oleg Khaykin as its new President and Chief Executive Officer, effective February 3, 2016. Mr. Khaykin has also been appointed to the Company's Board of Directors. He will replace interim President and CEO Richard E. Belluzzo, who will continue his position as Chairman of the Board of Directors.

Mr. Khaykin brings more than 28 years of industry experience to Viavi. Prior to joining Viavi, Mr. Khaykin was a Senior Advisor with Silver Lake Partners. Before that, Mr. Khaykin was President and CEO of International Rectifier from 2008 until its acquisition by Infineon AG in the January of 2015. He has also served as Chief Operating Officer of Amkor Technology and Vice President of Strategy & Business Development at Conexant Systems. Earlier in his career he spent eight years with The Boston Consulting Group and prior to that, he was an engineer at Motorola.

Mr. Khaykin holds an MBA from Kellogg School of Management at Northwestern University and a B.S. in Electrical and Computer Engineering with honors from Carnegie-Mellon University.

"I am pleased to welcome Oleg to Viavi," said Rick Belluzzo, Viavi's Chairman. "Oleg is an accomplished technology CEO with an impressive track record, including the success in transforming International Rectifier." Mr. Belluzzo added, "The Board feels Oleg is an excellent choice to capitalize on our recent progress and lead the company to achieve our goals of growth and expanded profitability. I look forward to working with Oleg to ensure a successful transition."

"Viavi has an impressive leadership position in network instrumentation along with highly innovative software solutions to meet the evolving needs of next generation communication networks. Viavi also has strong leadership and technological excellence in anti-counterfeiting solutions for currency authentication," said Mr. Khaykin. "I am looking forward to the exciting challenge and opportunity to build success at Viavi and creating value for our customers, shareholders and employees as we execute our strategy."

Viavi (NASDAQ: VIAV) software and hardware platforms and instruments deliver end-to-end visibility across physical, virtual and hybrid networks. Precise intelligence and actionable insight from across the network ecosystem optimizes the service experience for increased customer loyalty, greater profitability and quicker transitions to next-generation technologies. Viavi is also a leader in anti-counterfeiting solutions for currency authentication and high-value optical components and instruments for diverse government and commercial applications.