Dave Holly has been appointed president of JDSU’s Communications Test & Measurement business segment, succeeding Tom Waechter, who was named JDSU president and CEO earlier this year. Holly has been serving as interim leader of the test and measurement business since January 1 and will be responsible for global sales, product development and operations. He will report directly to Waechter.

Holly has a proven track record of success within JDSU’s test and measurement business in a variety of increasingly senior marketing, engineering, product development and sales roles. Prior to JDSU, he had managerial sales responsibilities at NYNEX (now part of Verizon) and began his career in engineering at IBM.

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Optimum Receives Warning Over Stock Price

Optimum was handed a formal warning from the NYSE that the company’s Class A common stock price averaged below the $1.00 minimum requirement for 30 consecutive trading days. According to an SEC filing, the

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