Brocades gain is only the most recent loss for Exodus Communications Inc. (OTC: EXDSQ). Taradalsky previously was executive VP of engineering at the doomed hosting provider, whose assets were picked up by Cable & Wireless PLC (NYSE: CWP) last week for $580 million (see Cable & Wireless Takes On Exodus).
Taradalsky will also hold the title of VP of engineering at Brocade, and he will oversee all product development and research and development activities. Brocade co-founder Paul Bonderson will step aside as VP of engineering and assume a new role as VP of strategic development, overseeing the companys long-range product strategy.
Taradalsky, who will report directly to CEO Greg Reyes, joins Brocade amid concerns that the companys Silkworm 12000 switch is behind schedule (see Brocade Under Pressure). Job number one for Taradalsky, presumably, will be to iron out any kinks in that product and get it to market.
A former colleague gives Taradalsky high praise. Prabakar Sundarrajan, who himself recently quit Exodus to become CTO of NetScaler Inc., a vendor of Web traffic management tools, worked closely with Taradalsky when both were at Exodus.