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VMware just got rid of it's CEO:Q

G

Goosemaster

Lifer
http://biz.yahoo.com/bw/080708/20080708005743.html

Press Release Source: VMware

VMware Announces Change in Executive Leadership
Tuesday July 8, 9:15 am ET

PALO ALTO, Calif.--(BUSINESS WIRE)--VMware?s Board of Directors announced today that it has made a change in the leadership of the company with the departure of Diane Greene as President and CEO. VMware?s Board of Directors has appointed Paul Maritz as President and CEO of VMware effective immediately. Maritz was also named to VMware?s Board of Directors.

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?As one of the founders and the leader of VMware, Diane guided the creation and development of a company that is changing the way that people think about computing. The Board thanks her for her considerable contributions to VMware and wishes her every success in the future,? stated Joe Tucci, Chairman of VMware?s Board of Directors.

Tucci continued, ?VMware is in a tremendous position to extend its lead in the virtualization market. VMware?s Board of Directors is very pleased to be able to appoint an executive with Paul?s experience and track record to lead VMware to its next stage of growth and development. Paul is a leader in the software industry. He has decades of experience building one of the greatest franchises in software history, Windows. Paul was instrumental as part of the core executive leadership team in building much of Microsoft?s success.?

Paul Maritz retired from Microsoft in 2000, after 14 years there. During this period Paul managed the development and marketing of many of the company?s major products, including such major releases as Windows 95, Windows NT, Database, Tools and Applications.

In 2003, Paul founded Pi Corporation, a startup software company focused on building Cloud-based solutions for new ways of doing personal information management. Pi Corporation was acquired by EMC in February 2008, and Paul became President of the EMC Cloud Division.

VMware expects to announce earnings for the quarter ended June 30, 2008 as scheduled on July 22, 2008 at 2pm PDT. On that call Paul will make observations about the second half of 2008. While VMware is not updating guidance for Q2, we expect revenues for the full year of 2008 will be modestly below the previous guidance of 50% growth over 2007.
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Cloud, here we come....
 
Obviously Goose works for VMWare. Diane Greene hit on him, he turned her in for sexual harassment, and she was forced to retire with her golden parachute.
 
Originally posted by: George P Burdell
And this matters.... why?
Click to expand...

Because she was one of the founders of a company that is now among the forefront of technology.

Also because my options took a nose dive.
 
Originally posted by: tfinch2
Originally posted by: George P Burdell
And this matters.... why?
Click to expand...

Because she was one of the founders of a company that is now among the forefront of technology.

Also because my options took a nose dive.
Click to expand...

Yeah...any ideas as to why? Greene and her husband *are* VMware
 
Originally posted by: Goosemaster
Originally posted by: tfinch2
Originally posted by: George P Burdell
And this matters.... why?
Click to expand...

Because she was one of the founders of a company that is now among the forefront of technology.

Also because my options took a nose dive.
Click to expand...

Yeah...any ideas as to why? Greene and her husband *are* VMware
Click to expand...

It's because you haven't updated your whistleblower thread.
 
Originally posted by: Goosemaster
Originally posted by: tfinch2
Originally posted by: George P Burdell
And this matters.... why?
Click to expand...

Because she was one of the founders of a company that is now among the forefront of technology.

Also because my options took a nose dive.
Click to expand...

Yeah...any ideas as to why? Greene and her husband *are* VMware
Click to expand...

update your post
 
Originally posted by: her209
Why VMware Dumped Diane Greene
Click to expand...

Wow... that site is Ad Soup! It's practically an advertisement for FlashBlock.

It's sad... it sounds they want VMWare to try to make more lame desktop virtualization products now, lose it's core focus on server virtualization (where the real money is), and get it's ass handed to it by Xen and Microsoft 🙁

Of course, Forbes is the same site that thought that SCO was going to crush Linux with their pointless lawsuits.
 
Originally posted by: ultimatebob
Originally posted by: her209
Why VMware Dumped Diane Greene
Click to expand...

Wow... that site is Ad Soup! It's practically an advertisement for FlashBlock.

It's sad... it sounds they want VMWare to try to make more lame desktop virtualization products now, lose it's core focus on server virtualization (where the real money is), and get it's ass handed to it by Xen and Microsoft 🙁

Of course, Forbes is the same site that thought that SCO was going to crush Linux with their pointless lawsuits.
Click to expand...
That Reeves guy they quoted is just providing your standard analyst BS. If anything, MS is looking to copy VMware's traditional back office virtualization. And his suggestion is to go after MS's legacy core business of desktop PCs and apps? VMware has had strong desktop virtualization since its inaugural Workstation 1.0 product; but that's not a major profit center AFAIK.
 
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