ADTRAN announces retirement of CFO James Matthews ADTRAN announced the retirement of its CFO, James Matthews. Matthews’ retirement as SVP – Finance, CFO, Treasurer and Secretary of the company will be effective March 16. Matthews’ retirement as a Director will take effect with the company’s Annual Meeting on May 13; he will not stand for reelection. Matthews is retiring in order to spend time with his family. The company also announced that the Board has elected Michael Foliano, SVP – Global Operations, to the position of Interim CFO. Foliano will assume these responsibilities upon the effectiveness of Matthews’ resignation and will work with Matthews in transitioning these responsibilities until and after that date.