F5 Networks names Locoh-Donou as new CEO

F5 Networks Inc. said late Monday it has named François Locoh-Donou as its new president and chief executive effective April 3. Locoh-Donou succeeds John McAdam, who will remain on as a board member. Locoh-Donou currently serves as chief operating officer at Ciena Corp. . Shares of F5 were unchanged at $134.69 after hours, while shares of Ciena declined 1.3% to $24.01.

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