August 11, 1997

Cabletron CEO To Retire In December By Monua Janah obert Levine, the 39-year-old CEO, president, and co-founder of Cabletron Systems Inc., will retire in December, the network hardware company announced last week. Levine will be succeeded by Don Reed, president and group executive for external affairs and corporate communications at Nynex Corp. Craig Benson, Cabletron's other co-founder, will remain as chairman. Starting in 1983, Benson and Le- vine built Cabletron, in Rochester, N.H., from a networking-cable vendor to a $1.4 billion manufacturer of a wide range of network hardware. The two men became known as aggressive competitors-and for maintaining a no-frills, penny-pinching corporate culture. Reed, 53, will assume his new post Sept. 1. Levine will remain with Cabletron through November to ease the transition. Back to Careers Send Us Your Feedback Top of the Page

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