David Goulden, CFO of data storage equipment maker EMC Corp., has been named the company's president and chief operating officer. The change suggests Goulden could be in line to become chief executive when current CEO Joe Tucci retires in the next year or two, Reuters reports. Goulden, 53, will remain CFO.

Paul Maritz, the CEO of EMC unit VMWare, who had been seen as another potential candidate for the CEO spot, was named EMC's chief strategist, a demotion that analyst Kaushik Roy of Hercules Technology told Reuters appeared to ordered by the board. Pat Gelsinger, president and COO of EMC's information infrastructure products unit, will succeed Maritz as CEO of VMWare.

For the full story.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.