|
|
|
|
 |
MILPITAS--- Rackable Systems Names Mark J. Barrenechea President and Chief Executive Officer |
| 4/30/2007 @ 8:16 AM
print this article -
email to a friend -
join our eNewsletter
|
 |
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced that Board member, Mark J. Barrenechea, has been appointed President and Chief Executive Officer of the Company, replacing Thomas Barton.
Mr. Barrenechea is a twenty year technology industry veteran and has served in senior management and operating roles at Oracle Corporation (NASDAQ:ORCL) and CA, Inc. (NYSE:CA). He also served the executive management committees of both companies.
At CA, Mr. Barrenechea served as Executive Vice President and Chief Technology Officer where he managed its business units contributing more than $3.5 billion in annual billings and overseeing a staff of 5,000 professionals. He played a key role in CA’s $2 billion acquisition strategy. Mr. Barrenechea also served on the executive management committee and reported to CA’s CEO John Swainson.
Prior to CA, Mr. Barrenechea served as Senior Vice President of Applications Development at Oracle. Among a variety of duties, he managed the Industry and CRM Applications Divisions at Oracle and helped transition Oracle from “best of breed” applications to Release 11i, its integrated applications suite, while managing a 2,000-person global team. Mr. Barrenechea also served on the executive management and product development committees and reported directly to Oracle’s CEO, Larry Ellison.
“I am delighted to join the Rackable Systems team,” said Mr. Barrenechea. “The company has an outstanding product portfolio, a world-class customer list, a strong balance sheet and an exciting market opportunity. The company has mapped out a strong strategic plan to capitalize on these market opportunities and now requires a more actionable execution plan to achieve them. I look forward to working with the team and the company’s stakeholders to help achieve results and realize the company's potential."
"We are very excited to welcome Mark to the management team,” said Mr. Ronald D. Verdoorn, Chairman of the Board of Rackable Systems. “His business acumen and successful history in driving top-line growth, defining strategy and scaling companies' processes will be a great asset for Rackable Systems. Mark brings a wealth of industry relationships and experience, along with his energy and passion, that will serve the company well.”
The Company has also announced that Thomas Barton has resigned from his position on the Board of Directors of the Company.
Conference Call Information
Rackable Systems will hold a conference call today, April 30, 2007 at 2:00 pm PDT. The public is invited to listen to the live call by dialing 913-981-5559 or 800-361-0912. Additionally, a live web cast will be available on the Investor Relations section of the company's website at www.rackable.com. A replay of the web cast will be available approximately two hours after the conclusion of the call and will remain available until the second quarter 2007 earnings call. An audio replay of the conference call will also be made available approximately two hours after the conclusion of the call. The audio replay will remain available until May 4, at 9:00 p.m. PDT and can be accessed by dialing 719-457-0820 or 888-203-1112 and entering confirmation code 8740606.
About Rackable Systems
Rackable Systems Inc. (NASDAQ:RACK) is a provider of servers and storage products for large-scale data center deployments. The company's products are designed to provide benefits in the areas of density, thermal efficiency, serviceability, power distribution and remote management. Founded in 1999 and based in Milpitas, California, Rackable Systems is a founding member of The Green Grid and serves Internet, semiconductor design, enterprise software, federal government, entertainment, financial services, oil and gas exploration and biotechnology customers worldwide.
To learn more about Rackable Systems, visit www.rackable.com. |
| Tech People On the Move - California |
|
|
| |
| Friday, August 29, 2008 |
 |
|
EL SEGUNDO--- Internet Brands Appoints Scott Friedman CFO Posted 2:38 PM PST
REDWOOD CITY--- Gary Read, President and CEO of Nimsoft, Appointed to Board of Directors of Scalable Software Posted 8:44 AM PST
SAN DIEGO--- Cadence Pharmaceuticals Appoints Todd Rich, M.D. to its Board of Directors and Names Malcolm Lloyd-Smith as Senior Vice President, Regulatory Affairs and Quality Assurance Posted 8:35 AM PST
SANTA CLARA--- GSI Technology, Inc. Announces New Director Posted 8:24 AM PST
|
| |
| Thursday, August 28, 2008 |
|
|
MILPITAS--- KLA-Tencor Appoints Mark P. Dentinger New Chief Financial Officer Posted 2:56 PM PST
MILPITAS--- President and COO John Kispert to Leave KLA-Tencor Posted 2:55 PM PST
|
| |
| Tuesday, August 26, 2008 |
|
|
LOS ANGELES--- Anodyne Medical Device, Inc. Announces Abbey Daniels as New Chief Executive Officer Posted 3:37 PM PST
SAN DIEGO--- Prometheus Announces New Chief Financial Officer Posted 8:49 AM PST
SAN MATEO--- Quantivo Appoints High-Tech Veterans to Executive Team Posted 8:36 AM PST
|
| |
| Friday, August 22, 2008 |
|
|
SAN DIEGO--- JMAR Technologies Forms Unit for Radiological/Nuclear Detection, Hires Leading Systems Engineer Posted 3:43 PM PST
|
| |
| Thursday, August 21, 2008 |
|
|
SANTA BARBARA--- QAD Announces Departure of Chief Financial Officer Posted 4:04 PM PST
SAN DIEGO--- BakBone Software Appoints New Chief Financial Officer; Steve Martin Joins BakBone from Leap Wireless Posted 3:56 PM PST
SAN LEANDRO--- Alpha Innotech Appoints Michael Henighan Chief Financial Officer Posted 8:41 AM PST
|
| |
| Wednesday, August 20, 2008 |
|
|
SAN DIEGO--- MicroIslet Appoints New CFO Posted 5:40 AM PST
|
| |
| Tuesday, August 19, 2008 |
|
|
CARLSBAD--- NTN Buzztime Appoints Jeff Berg to Board of Directors Posted 3:07 PM PST
MOUNTAIN VIEW--- SumTotal Hires Patricia Lughezzani as Vice President of Global Support Posted 7:55 AM PST
SAN MATEO--- Bruce Pagliuca Named as Senior VP of Operations of M-Factor Posted 7:52 AM PST
SAN DIEGO--- ItherX Pharmaceuticals Appoints Scientific and Clinical Advisory Board for Hepatitis C Antiviral Drugs Posted 7:26 AM PST
|
| |
| Monday, August 18, 2008 |
|
|
SAN DIEGO--- Somaxon Pharmaceuticals Announces the Appointment of Senior Commercial Leadership Posted 4:24 PM PST
SAN RAMON--- Kevin Van Bladel Joins BioVentrix as Vice President of Research and Development Posted 7:33 AM PST
|
|
|
|
|
|
FreshNews.com Jobs Change DAILY
We Have 5,000 + Job Listings! Open Your FREE Account
Employers or Job Searchers Get Started Now! Click Here
|
