McData, in an 8-K filing yesterday with the Securities and Exchange Commission (SEC), disclosed that Andreoli, executive VP of worldwide sales and service, will resign "to pursue another business opportunity" effective December 1, 2003. John Kelley, president and CEO, will oversee sales and service for McData until the company hires a replacement.
Andreoli, who by all accounts is leaving voluntarily, says he can't tell us yet where he's headed next. "It will be announced next week -- I cannot talk about it yet," he tells Byte and Switch.
A source close to McData, who requested anonymity, says Andreoli is leaving to join a "current McData partner" but could not provide any additional details.
McData recently disclosed that it had failed to settle on OEM terms with EMC Corp. (NYSE: EMC) -- its single biggest partner -- forcing McData to dramatically cut back its revenue forecast for the third quarter (see EMC Playing Hardball With McData?). However, observers say Andreoli wasn't directly involved in those negotiations.