Airspan Networks Holdings Inc. announced on May 16, 2023, Eric Stonestrom resigned as the company's Chief Executive Officer, effective May 18, 2023, and the company's board of directors accepted the resignation of Eric Stonestrom as the company's Chief Executive Officer and appointed Glenn Laxdal, previously the Company's President and Chief Operating Officer, to serve as the Company's President and Chief Executive Officer, effective on May 18, 2023. Glenn Laxdal, 62, was appointed as the Company's President and Chief Operating Officer in January 2022. Mr. Laxdal previously served since 2017 as senior vice president and general manager at Infinera Corp., a provider of connectivity solutions (Infinera"), where he was responsible for Infinera's product business.

Prior to joining Infinera, Mr. Laxdal was head of network products in North America for Ericsson from 2016 to 2017, overseeing strategy, product management and solution development. Mr. Laxdal also served as chief technology officer and head of strategy for Ericsson North America from 2014 to 2017. Prior to Ericsson, Mr. Laxdal served as vice president of global product management at BlackBerry Ltd. from 2009 to 2012 and prior to that held executive roles in product management and operations at Airvana Inc. and Nortel Networks Inc. Mr. Laxdal holds an M.B.A. from the University of Toronto and a B.A. in Economics and Bachelor of Commerce degrees from the University of Saskatchewan.