Neustar, Inc. (NSR) has announced that Jeffrey Babka, the company's senior vice president and chief financial officer, will leave the company to become CFO of Sophos Plc, a world leader in IT security and data protection.
Although Babka will immediately step down as NeuStar's CFO, he will remain with the company through the end of March, supporting year-end financial reporting activities and other financial and organizational issues.
NeuStar's board of directors has appointed Paul Lalljie, the company's vice president and treasurer, as senior vice president and interim chief financial officer. He will report to the chairman and chief executive officer, Jeff Ganek.
"Jeff Babka has played a central role at NeuStar, successfully managing the IPO, building a strong public company financial organization as well as helping us grow our global infrastructure. I am personally grateful to him for his leadership, expertise and dedication, and wish him well in his exciting international opportunity," said Ganek. "Paul Lalljie has successfully managed the Finance function at NeuStar. His knowledge of the company and executive strengths are exceptional. We are fortunate to have him on the leadership team."
"I have enjoyed my years at NeuStar and am very proud of what we have achieved together. I believe that NeuStar's strategic and financial positions are very strong, as is the leadership team. NeuStar's prospects for continued success are bright, and I wish my colleagues all the best in the future," said Babka.
NeuStar is a provider of essential clearinghouse services to the communications and Internet industry.
