Polycom has named a new CEO as it eyes competition from Cisco Systems and its newly acquired Tandberg unit. Andrew Miller, who formerly worked at both Cisco and Tandberg, took over as chief of Polycom effective immediately.
Miller will replace Robert Hagerty, who will step down as chairman, CEO and president, to make way for Miller. David DeWalt, Polycom's current lead independent director, will become chairman.
Miller joined Polycom in 2009 as executive vice president of Polycom's field operations. He has been forging strategic and partner alliances.
The move comes at an interesting time for Polycom. The company remains independent as video conferencing players quickly consolidate. Cisco's acquisition of Tandberg is the most notable deal, but Logitech also bought LifeSize.
For Polycom, Miller brings a lot of insight to its big rivals. Before joining Polycom, Miller spent 11 years at Cisco in sales and marketing. He was also CEO of Tandberg and president of IPC Information Systems, which specialized in trading technology and networking.