As part of a "carefully architected succession plan," Jonathan Schwartz has been named Sun's new CEO while former CEO Scott McNealy will continue in his role as Sun chairman as well as take on a new position as chairman of Sun Federal Inc., where he will focus on Sun's key U.S. government customers.
These changes were effective immediately upon the announcement, which was made on April 24, 2006.
"Since joining Sun in 1996, Jonathan has been a driving force within the company," McNealy said. "His leadership has been instrumental in streamlining Sun's operations, building a solidly competitive product line, securing key acquisitions and major partner relationships and positioning us globally and across industries to reap the benefits of the networked marketplace."
Schwartz joined Sun when it acquired Lighthouse Design, where he was CEO. During his 10-year tenure with Sun, Schwartz has experienced everything from labs and product development to product marketing, corporate finance, mergers and acquisitions and operations. He has held numerous positions within the company, including executive vice president, Software (2002-2004), senior vice president, Corporate Strategy and Planning (2000-2002) and vice president, Ventures Fund (1999-2000). Schwartz was named Sun's president and chief operating officer in April 2004, and will retain the title of president in addition to his role as CEO.
"It is an honor to take the reins of this great company from one of the industry's true visionaries," said Schwartz. "I'm thrilled with this opportunity before us - a global marketplace of businesses and consumers ever increasing their participation on the network, a world-class leadership team and development process, and some of the industry's most valuable network computing brands and technologies. I couldn't be more excited."
McNealy credits Schwartz and his team with building the most competitive product line in Sun's history, securing key acquisitions including Waveset, SeeBeyond, and StorageTek, and forging major partner relationships with companies like Microsoft, Oracle and Google.
"Jonathan has earned the admiration and respect of our 37,900 employees, our customers and partners and the industry as a whole," McNealy said. "He is the ideal leader to take the helm as Sun's chief executive officer."
McNealy founded Sun Microsystems along with Andy Bechtolsheim, Bill Joy and Vinod Khosla in 1982, and has been the icon for the open systems movement. He was named Sun's chief executive officer and elected chairman of the board of directors in 1984.
Plans are for McNealy to focus his efforts on Sun's government and academic relationships globally, as well as expand his role with key strategic partner relationships.
"Sun has been a labor of love for me for since 1982 and it has been an honor and privilege to serve as its CEO for the past 22 years," McNealy said. "We've helped shape the industry as it is today and the opportunities before us are immense. I look forward to a smooth transition and to working with Jonathan on company strategy in my continued role as chairman."
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