Emulex Announces Promotion of Senior Executives; Paul Folino Expands Role to Chairman and CEO; Kirk Roller Promoted to President and COO.
COSTA MESA, Calif.--(BUSINESS WIRE)--June 12, 2002
Emulex Corp. (Nasdaq:EMLX), the world's leading supplier of storage networking host bus adapters (HBAs), today announced the promotion of two senior executives.
Paul F. Folino will expand his activities to add the responsibilities of chairman of the board to his existing role as CEO, a position that he has held at Emulex since 1993. Kirk Roller, chief operating officer of Emulex, will take on the additional role of president as part of his newly expanded duties. The executive positions are effective as of July 1, 2002.
As chairman of the board, Folino will succeed Fred Cox, a founder of Emulex, who will continue to serve the board as chairman emeritus. "I've been honored to serve Emulex as chairman for over 20 years. It is now my privilege to pass on the role of chairman to Paul Folino, who has guided Emulex to become one of the largest and most successful storage networking companies in the world," said Cox.
Recently, IDC identified Emulex as the world's largest supplier of Fibre Channel HBAs for the storage networking market, also noting that Emulex continued to add to its leading share in both units and revenue during calendar 2001.
In his expanded role as president and COO, Roller will continue to report directly to Folino. Roller will assume responsibility for all engineering, marketing and sales functions for Emulex, encompassing both IP and Fibre Channel storage networking product lines.
This will enable Emulex to maximize the benefits of its robust, market leading architecture across multiple technologies while continuing to leverage customer relationships. Ron Quagliara, CTO of Emulex, will continue to focus on strategic technology initiatives and will continue to report to Folino.
Emulex is a leading supplier and developer of storage networking host bus adapters based on both Fibre Channel and IP networking technologies. The Emulex product families are based on internally developed ASIC, firmware and software technologies, and offer customers high performance, scalability, flexibility and reduced total cost of ownership.
The company's products have been selected by the world's leading server and storage providers, including, Dell, EMC, Fujitsu Siemens, Groupe Bull, Hewlett-Packard Co., Hitachi Data Systems, IBM, NEC, Network Appliance and Unisys. In addition, Emulex includes industry leaders Brocade, INRANGE, Intel, Legato, McDATA, Microsoft and VERITAS among its strategic partners.
Emulex markets to OEMs and end users through its own worldwide selling organization, as well as its two-tier distribution partners, including ACAL, Avnet, Bell Microproducts, Info-X, Netmarks, Tech Data, TidalWire and Tokyo Electron. Corporate headquarters are located in Costa Mesa. News releases and other information about Emulex are available at www.emulex.com.
EMULEX -- We network storage
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; fluctuation in the growth of Fibre Channel and IP markets; changes in economic conditions or changes in end-user demand for technology solutions; fluctuations or delays in customer orders; the highly competitive nature of the markets for Emulex's products; Emulex's ability to gain market acceptance for its products; the company's ability to attract and retain skilled personnel; the company's reliance on third-party suppliers. These and other factors which could cause actual results to differ materially from those in the forward-looking statements are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q.
This news release refers to various products and companies by their trade names. In most, if not all, cases these designations are claimed as trademarks or registered trademarks by their respective companies.
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|Comment:||Emulex Announces Promotion of Senior Executives; Paul Folino Expands Role to Chairman and CEO; Kirk Roller Promoted to President and COO.|
|Date:||Jun 12, 2002|
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