VMware and EMC shuffle leadership
EMC president Gelsinger to take over from Paul Maritz as CEO at VMware, Maritz to join EMC
VMware has announced that CEO Paul Maritz is to be replaced by EMC's Pat Gelsinger.
Gelsinger, currently president and chief operating officer at EMC will take over from Maritz from the start of September.
Maritz, who has been at VMware for four years, will more to an unspecified "technology strategist role" at EMC, the company said in a statement, and will remain as a board member of VMware.
No reason for the changes was given, although there is speculation that Maritz may head up a spin-off of Cloud Foundry, a platform-as-a-service business established by VMware.
Intel veteran Gelsinger said: "The next generation of software defined-data centres will be built by combining software with standardized hardware building blocks. VMware is uniquely positioned to be the leader in this endeavour and deliver a whole new level of value to customers and its existing important ecosystem partners. For more than ten years I have interacted with the team at VMware and have developed a deep appreciation for the people and technology of this remarkable company. I am really excited about the mission and becoming part of the team."
"In Pat and Paul, we are fortunate to have two world-class leaders," said Joe Tucci, chairman of VMware's Board of Directors. "The strong teams that we now have in place at VMware and EMC allow me to ask Pat and Paul to take on two of the defining challenges and opportunities of the new, unfolding IT era: Cloud Infrastructure and big data. They have unique backgrounds and skills, and I look forward to continuing to work with both of them.
"I want to personally thank and congratulate Paul for all he's accomplished over the past four years helping transform VMware from a technology leader in virtualization to an industry leader in Cloud Computing, and I'm excited that he'll now be working full time on these new opportunities," Tucci continued.
VMware also announced preliminary results for the second quarter, with record revenues up 22% year-on-year to $1.123bn, and second quarter non-GAAP operating margins of approximately 32%.