This week has gotten off to an odd start. On Monday OCZ CEO Ryan Peterson resigned, after having built the company from a supplier of PC cases, power supplies and DRAM for gamers into a leading SSD maker, and then launching a successful IPO. On Tuesday STEC’s CEO Manouch Moshayedi announced (via an SEC filing) that he will step down “pending resolution of a civil complaint filed against him by the Securities and Exchange Commission.” Finally today Virident announced the hiring of Mike Gustafson of BlueArc repute to become CEO while former CEO and co-founder Kumar Ganapathy shifts his focus to business strategy, new product development and strategic partnerships.
What will Thursday and Friday bring? Continue reading “The Week of CEO Changes”