Another Top Avaya Executive Departs


Avaya's CIO is leaving the company for a new role at pharmacy giant CVS Caremark, marking the latest instance of ongoing executive turnover in Avaya's top ranks.

Stephen J. Gold, Avaya's senior vice president and CIO, oversaw all of Avaya's technology strategy and drove IT priorities across the company's business operations and global systems. At CVS Caremark, Gold will be CIO, focused on technology solutions for the company's retail and pharmacy benefit management businesses.

Gold starts on July 9, according to a statement from CVS Caremark.

"Technology is important to us as a pharmacy innovation company enabling us to drive solutions to improve quality, cost and access to health care for millions of Americans," Larry Merlo, CVS Caremark president and CEO, said in the statement. "I'm confident Steve will bring strong vision and introduce innovations that position us for ongoing success."

[Related: 10 Key Events in the Avaya Channel This Year]

Gold first joined Basking Ridge, N.J.-based Avaya in May 2010 following five years as an executive vice president, CIO and CTO at GSI Commerce. Earlier in his career he held senior vice president and CIO roles with Merck, Medco and Dun & Bradstreet.

Gold is one of several well-known Avaya executives to depart the company in the past year, including Alan Baratz, former senior vice president, corporate development and strategy; Mohamad Ali, former senior vice president and president, Avaya client services; Daniel Berg, former vice president, R&D; and Jeremy Butt, former vice president, global channels.

Avaya, meanwhile, has added several new names to its executive team, including Mark Randall, senior vice president and general manager, Avaya networking; Michael Runda, senior vice president and president, Avaya client services; and Pierre-Paul Allard, senior vice president, corporate strategy and development.

PUBLISHED ON JUNE 28, 2012