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VMware Blockbuster: Maritz Out As CEO After Four-Year Tenure

By Kevin McLaughlin
July 16, 2012    8:20 PM ET

Page 2 of 2

VMware's CEO switch may be part of a larger corporate restructuring. GigaOm reported Monday that VMware is mulling a spinoff of certain cloud-centric parts of its business, including its Cloud Foundry platform-as-a-service and assets from EMC Greenplum and Project Rubicon, a joint venture infrastructure-as-a-service involving VMware and EMC.

Tod Nielsen, co-president of VMware’s application platform business, and Mark Lucovsky, vice president of engineering in charge of Cloud Foundry, are said to be in the running to lead the spun-off company, according to the GigaOm report.

Last week, EMC announced that Vice Chairman William "Bill" Teuber is now a member of the Office of the Chairman, tasked with oversight of strategy and business development in emerging markets. Teuber will continue sponsoring EMC's largest accounts and will work with EMC to develop future executives.

EMC also promoted 27-year veteran sales executive Bill Scannell to president of global sales and customer operations, which was previously Teuber's role.

VMware may shed more light on the leadership change and rumored spin-off plans in its second quarter earnings July 23.

PUBLISHED JULY 16, 2012

JOSEPH F. KOVAR contributed to this story.

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