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JUL 17, 2012 5:08pm ET

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VMware Names Gelsinger CEO

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(Bloomberg) -- VMware Inc., the maker of software that makes data centers run more efficiently, appointed EMC Corp. President Pat Gelsinger as chief executive officer, replacing Paul Maritz.

Maritz will remain on VMware’s board of directors and will join EMC as chief strategist, Palo Alto, California-based VMware said in a statement.

Gelsinger, who is also chief operating officer for information infrastructure products at EMC, joined the company in 2009 after about 30 years at Intel Corp. Hopkinton, Massachusetts-based EMC, the world’s biggest maker of storage computers, acquired control of VMware in 2004.

Maritz was the No. 3 executive at Microsoft Corp. before he left in 2000. He was appointed CEO of VMware in 2008 after PI Corp., the company he founded in 2003, was bought by EMC, according to data compiled by Bloomberg. VMware is the largest maker of software that lets computers run multiple operating systems.

Maritz helped double VMware’s revenue to $3.77 billion last year from $1.88 billion in 2008, according to data compiled by Bloomberg.

 

 

Bloomberg

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