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Aug 11, 2022 Portfolio Company News

LightRiver Appoints New Chief Financial Officer

Concord, CA  (August 11, 2022)

LightRiver, the premier optical network integration solution provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software solutions, announced today its new executive appointment of Bryan Hasegawa as Chief Financial Officer (“CFO”), further strengthening the leadership team.  LightRiver is a portfolio company of Grain Management, LLC (“Grain”), a leading Washington, D.C.-based investment firm focused on the global communications sector.

Hasegawa joins LightRiver with extensive financial management experience in the technology and Fast-Moving Consumer Goods (FMCG) sectors. As CFO of LightRiver, Hasegawa’s responsibilities span financial planning and analysis, accounting, and development and execution of profitable growth strategies.

Hasegawa has held key leadership roles in multinational public companies such as L’Oréal USA, Tribune and Nielsen. Most recently, he served as Vice President of Strategic Finance at Intermedia, a cloud-based unified communications provider.

Hasegawa said, “LightRiver is poised for dramatic expansion, as market and technology needs match perfectly with our strengths.  I look forward to helping our team scale operations to its full potential.”

“We are delighted to announce that Bryan has accepted the position of LightRiver’s top financial executive,” states Glenn Johansen, President and CEO of LightRiver. “His extensive finance, accounting, M&A, and leadership experience will be a tremendous asset as we continue to grow the company.”

“It’s an exciting time to join LightRiver, a dynamic company thriving in the optical communications sector,” added Hasegawa. “I am looking forward to working with the LightRiver team and our partners at Grain at this exciting stage of the company’s growth, as we continue to deliver financial and operational improvements across the business.”

About LightRiver

LightRiver is the premier provider of next generation, multi-vendor, Factory Built Networks® and netFLEX® vendor neutral, Optical Domain Control Software solutions. LightRiver is an expert in Packet Optical, DWDM/ROADM, MPLS and Carrier Ethernet systems and designs, engineers, commissions, automates and supports next generation, software controlled, transport networks for mission-critical clients that require the highest capacity, reliability, resiliency and manageability that today’s optical communications technology can deliver.

LightRiver is a portfolio company of Grain Management LLC, a leading Washington, D.C.-based investment firm, focused on the global communications sector. LightRiver delivers unique value with turnkey hardware and software solutions, carrier-grade quality and unparalleled customer care in multi-technology networking.

For additional information about LightRiver, please visit www.lightriver.com.

About Grain Management

Grain Management, LLC is a leading global investment firm that focuses on broadband infrastructure and technology companies that connect the world to the information economy. Founded in 2007, Grain invests exclusively in the global telecommunications sector, employing a rigorous, data-based process buoyed by deep industry expertise to identify investment opportunities in key areas of telecommunications infrastructure, including fiber networks, wireless spectrum and cell towers. For more information visit www.graingp.com.

Contacts:

Grain Management Public Relations

IR@graingp.com

 

LightRiver Media Contact

Jaymie Scotto & Associates (JSA)

+1 888.695.3620 ext. 6

pr@jsa.net

 

 

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