BigBand Networks, a provider of switched digital video systems, said chief technology officer and co-founder Ran Oz will step down from his management role but remain with the company in a "reduced capacity."
Oz, who also is resigning from BigBand's board of directors, will remain with the company "to advise the CEO and the management team on technology strategy," BigBand said in a statement issued Monday. The office of the CTO will report into Rajive Dhar, senior vice president of corporate development and strategic planning at BigBand.
"We want to thank Ran for his years of service on the board of directors and contributions to driving BigBand's technology innovation," president and CEO Amir Bassan-Eskenazi said in a statement. "We respect and support his desire to spend more time with his family and look forward to his continued engagement with BigBand as a strategic advisor to the management team."
BigBand also appointed Erez Rosen, founder of the Rosen Group, a financial consulting firm based in Tel Aviv, Israel, to its board of directors.
Rosen's previous roles included chief financial officer of information-security company Aladdin Knowledge Systems and controller for BASF Italia. He serves on the board of directors of several Israeli companies, including Inspire Investments, Davidoff Group and Starcom Systems.