"Paul has been a significant contributor to the success of New Focus. We wish him all the best and thank him for his dedication and support over the past three years," said Kenneth E. Westrick, president and CEO of New Focus.
Westrick will assume responsibility for Smith's sales and marketing functions on an interim basis. Timothy Day, vice president, chief technology officer and co-founder, will expand his role and directly lead the company's research and development efforts. Previously, Day focused on the company's strategic technology initiatives and acted in an advisory capacity on research and development programs.