Mike Lehman, Sun Microsystems' chief financial officer from 1998 to 2002, is coming out of retirement to replace Steve McGowan in the post, the server and software company said Tuesday.
"Having now tried retirement briefly, I find that I like being involved in leading change and driving the business more directly," Lehman, who is 55, said in a statement. He returns to his old job on Wednesday and has resigned from Sun's board.
And McGowan, instead of retiring as planned last October, will become executive vice president of finance. "He will be with us for the foreseeable future," Sun spokeswoman Stephanie Von Allmen said. "He's been convinced to stay on as EVP of finance."
Though the Santa Clara, Calif.-based company has been unable to return to consistent growth and profitability, Lehman said the arrival of new server, software and storage products "leads me to believe Sun can deliver more value to customers than HP, IBM and others combined."
Sun President Jonathan Schwartz hailed Lehman's move. "It is great to see a senior statesman like Mike join the team," he said in a statement.
Related changes also took place at Sun's board. Lehman resigned from his position there at the same time Robert Finocchio joined. Finocchio, a former chief executive of database company Informix and former president of networking company 3Com Systems, also is on the board of Altera, CaseCentral, Echelon, Intransa and Silver-Peak Systems.
Although Finocchio won't take Lehman's role as chairman of the board's audit committee, he will be a member of that committee and qualifies as a financial expert in auditing, Sun said.
Sorry to say, but Bobby boy was one of the fools that helped to kill Informix. Sure Phil did the evil deed of cooking the books, but Bobby and his hand picked successor Dexmier didn't know what they were doing and it showed.
But hey, what do I know? ;-) Just ask Bobby and Dex....
Sorry to say, but Bobby boy was one of the fools that helped to kill Informix. Sure Phil did the evil deed of cooking the books, but Bobby and his hand picked successor Dexmier didn't know what they were doing and it showed.
But hey, what do I know? ;-) Just ask Bobby and Dex....
Chamtech's spray-on antenna uses a nano material to provide a low-power boost to antenna range. The wireless-in-a-can product may some day bring an end to unsightly cell towers.
Whether Apple will release a new iPad next month doesn't seem to be the question as much as what day it will happen. A new rumor has it down to the day.
Tommy Jordan, the man who shot his daughter's laptop for YouTube, gets a visit from police and child protection services. Oh, and Good Morning America.
Along with green-lighting Google's buy of Motorola, the Justice Department today OKs an Apple-Microsoft-RIM partnership deal to buy Nortel patents, and Apple's plan to acquire Novell patents.
EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
"Never Stop Playing" campaign for upcoming portable marks Sony's largest platform launch marketing spend, with ads to reach YouTube, Facebook, TV, and billboards in major cities.
As UC Berkeley students, the co-founders of "Back to the Roots" discovered they could grow mushrooms using recycled coffee grounds. Now their mushroom kit sells at grocery stores across the country.
But hey, what do I know? ;-) Just ask Bobby and Dex....
-G
But hey, what do I know? ;-) Just ask Bobby and Dex....
-G
attempt to stave of collapse?
Looks like a bad sign to me. . .
attempt to stave of collapse?
Looks like a bad sign to me. . .
attempt to stave off collapse?
Looks like a bad sign to me. . .
attempt to stave off collapse?
Looks like a bad sign to me. . .