Paul Crann, BigBand Networks' senior vice president of product line management, departed the company effective Sept. 7, the digital-video equipment company disclosed in a regulatory filing Monday.
BigBand did not provide a reason for Crann's departure in the 8-K filing with the Securities and Exchange Commission. The company in the filing said Crann "was terminated" but a source familiar with the situation said he had resigned to pursue another opportunity.
BigBand's product-line management functions will now be overseen by Rajive Dhar, senior vice president of corporate development and strategic planning.
Crann will provide consulting services to BigBand in connection with the transition of his responsibilities to another person through Sept. 30, according to the filing. Crann, who will receive $125,000 severance payment, is restricted by a one-year noncompete clause.
Crann joined BigBand in July 2006. Previously he was vice president of marketing and business development from 2005 to 2006 for Tatara Systems, a developer of converged mobile solutions. He also served as senior vice president of marketing and business development for Avici Systems, a core IP/ MPLS routing vendor, from 2000 to 2004.
Crann also has worked for Ascend Communications/Lucent Technologies in the core switching business unit, as well as Omnipoint Communications and AT&T Network Systems.
BigBand is a leading provider of switched digital video systems to cable operators, as well as IPTV, edge QAMs and video advertising solutions. Customers include Comcast, Time Warner Cable, Cox Communications, Cablevision Systems, Charter Communications and Verizon Communications, which are six of the ten largest pay-TV providers in the U.S.