June 21, 2010 (FinancialWire) — Arbinet Corp. (NASDAQ: ARBXD), a provider of telecommunications services to fixed and mobile operators, said it is making executive management changes in conjunction with the company's efforts to reduce overhead expenses and maintain a competitive cost structure.  Effective June 30, Steven Heap and Dan Powdermaker will step down as chief technology officer and SVP of sales and marketing, respectively.

Brian Troesch, Arbinet's SVP of product and business development, will oversee the sales and marketing functions.  The company said it does not intend to fill Heap's position.

Virginia-based Arbinet is a provider of international voice and IP solutions to carriers and service providers globally.

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