Storage Vendor NetApp Names New CEOBy Jessica Davis | Print
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Storage vendor NetApp says that Tom Georgens will take over as CEO, effective immediately, replacing a 15-year veteran in the slot, Dan Warmenhoven. NetApp is characterizing the top management switch as a planned transition. The announcement coincided with NetApp's quarterly earnings announcement.
Storage vendor NetApp has named Tom Georgens as president and CEO,
effective immediately, succeeding Dan Warmenhoven, who served as CEO
for 15 years.
The management change, characterized as a planned transition, came on the same day the company announced lower quarterly revenue year over year but higher-than-expected earnings for the quarter.
Georgens, 49, has served as president and chief operating officer and as a member of the board of directors at NetApp since February 2008, the company says. He joined NetApp in October 2005 as executive vice president and general manager of Enterprise Storage Systems. He was named executive vice president of Product Operations in January 2007.
Warmenhoven, 58, will continue as chairman of the board of directors and will also assume the newly created role of executive chairman. In this new role, NetApp says he will build and expand relationships with strategic partners, including service providers and technology partners.
"Looking back, I am very proud that NetApp has achieved a leadership position in the storage market and now look forward to supporting Tom as he takes the company through the next stages of growth in a new era for the information technology [IT] industry," says Warmenhoven, in a prepared statement. "Tom has demonstrated proven leadership capabilities in strategy development and day-to-day operations."