KumarThe board of directors of Vecima Networks (TSX:VCM) announced the promotion of Sumit Kumar to CEO of the company effective Aug. 1. Kumar has been with Vecima since 1995 in various roles, including as VP of corporate strategy, executive vice president, and president.Kumar's appointment completes a multi-year process of succession planning and preparation for the retirement of the company's current CEO, Dr. Surinder Kumar. Surinder will remain as non-executive chairman of the board.