VMware Lands New COO
VMware has a new Chief Operating Officer. The company announced
yesterday that Tod Nielson, a software industry veteran with more than 20 years experience, becomes the new COO.
What happened to the old COO? Nothing -- it's a newly-created position. It seems a little odd to me that a company the size of VMware didn't have a COO before this.
CEO Paul Maritz said in the release that Nielson will focus on the business aspects of the company, freeing him up for more product strategy and development work. Maritz appears to be a geek at heart (not a bad thing), so this is probably a load off his back.
The best part of the press release, however, was the last line:
"The company's share price has ranged between $17.25 and $85.84 over the past 52 weeks."
Now that is what I call a roller-coaster ride!
Posted by Keith Ward on 01/07/2009 at 12:48 PM