Stuart Scott was let go from the world's biggest software maker for violating company polices, but that hasn't stopped him from landing a new gig as chief operations officer. He'll even be reporting to "Paul Allen"
A major, executive shake-up is under way at security software vendor McAfee including the firing of the company's president in the wake of a stock-options investigation. McAfee announced that it has terminated the employment of its president, Kevin Weiss. The company's Chief Executive Officer (CEO) and Chairman George Samenuk is retiring from those roles and the board of directors has appointed Dale Fuller as interim CEO and president.
Sun Microsystems Inc. will lose its top software executive to Adobe Systems Inc., the company confirmed. John Loiacono, who succeeded Jonathan Schwartz as executive vice president of software at Sun when Schwartz was promoted to president and chief operating officer (COO) in April 2004, will take on the role of senior vice president of Creatives Group at Adobe, according to a Sun spokeswoman. His last day at Sun will be March 24.
Regardless of how imminent a U.S.-led war in Iraq might be, IT budget constraints are preventing many companies from taking appropriate security and disaster-preparedness measures to defend themselves against possible retaliatory terrorist strikes.
Fibre-optic equipment communications maker JDS Uniphase Corporation announced Tuesday the retirement of Charles Abbe, its president and chief operating officer of the company's WDM (wave divisional multiplexing), switching and thin film business group.