News
Legato Names New CEO, CFO
- By Scott Bekker
- 10/04/2000
Storage vendor
Legato
Systems Inc. has announced that chief vacancies at the company have been
filled. David Wright will take on the dual role of President and Chief Executive
Officer (CEO) and Andrew Brown will crunch the numbers as Chief Financial
Officer (CFO).
David Wright joins Legato from Amdahl Corp., where he was also President and
CEO of the Fujitsu-Siemens subsidiary. Before Amdahl, Wright rose through the
ranks at IBM Corp.
The former CFO of Adaptec
Inc., Andrew Brown, will take the CFO position at the storage vendor.
Adaptec creates storage hardware and software for end users and enterprises.
Lately,
Legato has experienced some difficulties within their organization. After the
company failed to provide earnings reports in a timely manner, the company was
briefly de-listed this summer from the Nasdaq stock exchange. In addition, Legato received some unwelcome
attention from the Securities and Exchange Commission resulting from ethically
dubious arrangements made by their sales force. – Christopher McConnell
About the Author
Scott Bekker is editor in chief of Redmond Channel Partner magazine.