Fly News Breaks for January 3, 2020
Jan 3, 2020 | 09:03 EDT
After Arista Networks announced that Chief Customer Officer Manuel Rivelo is departing to pursue other opportunities, JPMorgan analyst Samik Chatterjee noted that the company said the departure is on amenable terms and is promoting two executives who both earlier reported to Rivelo. The analyst, who believes "the swift replacement with internal executives already entrenched in sales roles" will limit challenges for Arista from the departure of a key sales executive, also noted that the company re-affirmed Q4 revenue guidance. However, he maintains an Underweight rating on Arista shares.
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