5 Companies That Had A Rough Week


Juniper CEO Johnson Unexpectedly Retires

Polycom wasn't the only IT vendor this week whose CEO unexpectedly stepped down. Juniper Networks revealed Tuesday that CEO Kevin Johnson planned to retire and a search for a new chief executive was already under way.

The surprise announcement, which Johnson described as a personal decision, came just prior to Juniper's second-quarter earnings call where the company reported 7 percent growth to $1.15 billion.

Johnson, Juniper's CEO since 2008, will stay in the post until his replacement is named. Johnson's departure comes on the heels of several other high-level executive departures from the company this year.