FalconStor President and CEO Jim McNiel unexpectedly resigned from his post and from the board of directors last month. McNiel joined FalconStor in 2009 as chief strategy officer of the storage company and was promoted to CEO in 2011. Prior to FalconStor, he served as executive vice president of corporate development at Cheyenne Software. McNiel also spent time as a general partner at Pequot Ventures (now FirstMark Capital). Gary Quinn, executive vice president and COO, will assume McNiel's duties on an interim basis.