Intronis CEO Leaves, Engineering VP Named To Interim Post


Intronis CEO Kent Plunkett has left the company and is being replaced on an interim basis by Jay Bolgatz, vice president of engineering and development, according to the Boston-based cloud backup provider.

Plunkett is leaving "to pursue new opportunities" but will remain an investor in the company, according to Intronis.

"I enjoyed leading Intronis and executing to drive significant growth and establish our leadership position in the channel. I want to thank our amazing partners and the Intronis team members for the opportunity to help build such a great company," Plunkett said in a statement.

[Related: 30 Notable IT Executive Moves: August 2012]

Intronis was founded in 2003 and saw sales more than double under Plunkett, who joined the company as CEO in September 2010. Previously, Plunkett was CEO of Salary.com for 11 years.

The company's board of directors along with OpenView Venture Partners, a founding investor, have hired a search firm to evaluate internal and external candidates to succeed Plunkett on a permanent basis.

Until then, Bolgatz is at the helm. He joined Intronis in May 2010 after having served as vice president of engineering at Exit41 for five years.

The company does not expect to make any major shifts under Bolgatz and will continue to invest in product development and support solution providers, Bolgatz said in a statement.

In May, Intronis closed a $2.9 million internal round of funding that was earmarked to fuel further growth, according to the company.

PUBLISHED SEPT. 20, 2012