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April 12, 2007 5:25 AM PDT

Vonage CEO out

by Marguerite Reardon

Vonage announced Thursday that Michael Snyder has stepped down from his position as Chief Executive Officer. He has also resigned from the Company's Board of Directors effective April 11. Jeffrey Citron, the company's chairman, has been named interim CEO while the company looks for a replacement.

More information on this development is coming shortly.

Marguerite Reardon has been a CNET News reporter since 2004, covering cell phone services, broadband, citywide Wi-Fi, the Net neutrality debate, as well as the ongoing consolidation of the phone companies. E-mail Maggie.
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