California -based cloud computing and virtualization technology company VMware Inc. has elevated its co-Chief Operating Officer Raghu Raghuram as the new Chief Executive.
With this development, Sanjay Poonen, the business software company’s other co-COO has resigned from the company.
Raghuram has been associated with VMWare for the last 18 years. VMware on May 12 announced that its Board of Directors has named Rangarajan (Raghu) Raghuram as Chief Executive Officer and member of the Board of Directors. His appointment will be effective from June 1, 2021. Prior to the elevation, Raghuram who had been associated with the company for the last 18 years was positioned as the Executive Vice President and Chief Operating Officer, Products and Cloud Services at VMware.
Commenting of the appointment Michael Dell, chairman of the VMware Board of Directors said, “I am thrilled to have Raghu step into the role of CEO at VMware. Throughout his career, he has led with integrity and conviction, playing an instrumental role in the success of VMware,” “Raghu is now in position to architect VMware’s future, helping customers and partners accelerate their digital businesses in this multi-cloud world.”
“Embedded in the VMware DNA is this Switzerland mentality” of working with all kinds of computing providers, Raghuram said.
“What I hope to do is accelerate it even further.”“I will be cheering on the company’s success, as I embark on my next adventure,” Poonen said in a statement.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/