December 3, 1996 11:05 AM ET

Bay Networks' CFO to resign
By PC Week Staff

  Networking powerhouse Bay Networks Inc. announced today that Executive Vice President and Chief Financial Officer William Ruehle has tendered his resignation. Ruehle's departure will become effective upon the appointment of a successor.

Ruehle, who joined SynOptics Communications Inc. in 1987 before that company's merger with Wellfleet Communications Inc. to form Bay Networks, said it was time to "transition to something new."

"With the advent of outstanding new leadership at Bay, this seemed like a particularly opportune time to make a move," he said.

Bay Networks ended its long search for a chief executive late in October with the appointment of David House as chairman, president and CEO of the Santa Clara, Calif., computer networking equipment supplier. House had spent 22 years at Intel Corp.

"The company is indebted to Bill Ruehle for his role in building SynOptics from a $2 million company through its merger with Wellfleet to today's $2 billion Bay Networks," House said in a statement.

Bay Networks can be reached at

Copyright(c) 1996 Ziff-Davis Publishing Company. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Ziff-Davis Publishing Company is prohibited. PC Week and the PC Week logo are trademarks of Ziff-Davis Publishing Company. PC Week Online and the PC Week Online logo are trademarks of Ziff-Davis Publishing Company.

Send mail to PC Week