VMware CEO Paul Maritz To Step Down -- Redmondmag.com

VMware CEO Paul Maritz To Step Down

By Michael Domingo
07/17/2012

Paul Maritz will cede his four-year stint as CEO of virtualization company VMware on September 1.

He'll be succeeded by Pat Gelsinger, who currently serves as the Information Infrastructure Products president and chief operating officer at EMC, the parent company of VMware.

Maritz isn't going anywhere, though. Instead, he'll stake out a position with EMC as chief strategist. Maritz will also continue to sit on the Board of Directors at VMware.

The news of the executive reshuffle comes on the same day that VMware offered a sneak peek at its Q2 2012 financial results that arrive in a "record" quarter. The company reported preliminary revenue of $1.123 billion, representing a 22 percent increase over last year's revenue figure. Maritz, Gelsinger and EMC Chairman and CEO Joe Tucci participated in an earnings call this afternoon to explain the company's revenue results and to address the executive reshuffle.

VMware will host an earnings call on the finalized Q2 results on July 23. To read the announcement from VMware, go here.

About the Author

Michael Domingo has held several positions at 1105 Media, and is currently the editor in chief of Visual Studio Magazine.

Featured

Choosing the Right SSID for Your Network

Attracting attention, whether through a default or funny Wi-Fi name, could lead to a security issue.
Microsoft Outlines Latest Security Efforts at Ignite

In the wake of last year's CrowdStrike incident, Microsoft has worked to publicly rehabilitate its security image through new initiatives and public commitments to improve. That push continued this week at Ignite, where Microsoft announced a handful of new security tools and updates.
Nadella on Copilot: 'Major Platform Shifts Are in the Air'

As should be no surprise, Copilot took center stage during Microsoft CEO Satya Nadella's keynote speech to open Microsoft Ignite 2024.
Azure AI Foundry Revealed at Microsoft Ignite

Microsoft is consolidating its Azure generative AI tools into a unified platform named Azure AI Foundry.
Microsoft Bolsters Fabric at Ignite

While Fabric has improved in the year since its release, there are still some glaring issues with the platform.