Concurrent announced that Derek Elder is joining Concurrent to assume the role of chief executive officer, effective November 21, 2014. He will also join the board of directors. Elder succeeds Concurrent's current CEO, Dan Mondor, who has served in that role since April 2008.

Mr. Elder has broad industry experience, most recently serving as Senior Vice President and General Manager of the DOCSIS & Multiservice Gateway business units at ARRIS Group Inc.