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Short Take: Corvis executive steps down

Corvis, a fiber-optic network equipment maker, announced Tuesday that executive vice president Glenn Falcao will leave the company on "mutually agreeable terms." Corvis did not elaborate further and did not disclose where Falcao plans to work next. The company recently secured its first revenue producing deal.

Corvis, a fiber-optic network equipment maker, announced Tuesday that executive vice president Glenn Falcao will leave the company on "mutually agreeable terms." Corvis did not elaborate further and did not disclose where Falcao plans to work next. The company recently secured its first revenue producing deal.