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Vonage CEO Marc Lefar to retire

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The Holmdel-based Vonage Holdings Corp. announced Monday that its CEO, Marc Lefar, will be retiring from his post once a new CEO is selected.

"During the past six years, I have been privileged to work with an exceptional team and a highly engaged, supportive board. Together, we completed a comprehensive financial, operational and strategic turnaround," Lefar said.

The board, along with Lefar, will initiate a formal search for a new successor in internal and external candidates.

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Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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