Vonage CEO Alan Masarek who is suffering from cancer steps down
Alan Masarek, president and CEO of Vonage Business, announced Thursday that he would not return from the phone business. And the company is filed for Chapter 11 bankruptcy today.
In a conference call with reporters, Masarek said he needed the next year to focus on his health and family after being diagnosed with multiple myeloma, a cancer that affects plasma cells. There is no cure.