Gelsinger Nearly Tripled VMware’s Revenue, Doubled Its Size
Gelsinger took the reins of VMware in September 2012 after a three-year stint at EMC as president and chief operating officer.
Gelsinger has been critical to VMware’s massive success over the past eight and a half years, more than doubling the company’s size during his tenure. He created the world market leader in virtualization, increasing VMware’s annual revenue from $4.5 billion to now nearly $12 billion.
Gelsinger led VMware through several transformations as well as dozens of mergers and acquisitions to create an IT software force to be reckoned with.
“Pat led the company in expanding our core virtualization footprint and broadening our capabilities to cloud, networking, 5G/edge and security, while almost tripling revenue to nearly $12 billion,” said Zane Rowe, VMware CFO and new interim CEO, in a statement Wednesday.
“As CEO for the past eight years, Pat led the company’s tremendous growth and expansion and built a solid foundation for future innovation,” said Dell Technologies CEO Michael Dell in a statement.
In a message to VMware, Gelsinger thanked the company for his rewarding career. “My sincere and heartfelt thanks to Team VMware, our customers, and our partners for some of the most rewarding years of my career,” he said.