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ShareEMC Execs Jockey for Position
Posted by Dave Raffo on August 10, 2006
This week's management shuffle at EMC is leading industry insiders to wonder whether one of the promoted execs is being groomed to succeed Joe Tucci as CEO. (See EMC Shuffles Execs.)
Not that Tucci's ready to exit yet. But EMC gave new responsibilities to Bill Teuber, Dave Donatelli, David Goulden, and Dave DeWalt to set up an interesting CEO succession derby if the 58-year-old Tucci decides to step down in the next few years.
"They made it a horse race," says a Wall Street analyst who asks to remain anonymous. "If they're doing this now, it shows Tucci can't be that far away from retiring, maybe a couple of years."
EMC spokesman Greg Eden says the moves were not made with CEO succession in mind, but that hasn't stopped the handicappers from assessing the field.
"There's a bunch of guys in the running," the analyst says. "They've been expanding Teuber's role and broadening his responsibilities. The same with Donatelli. And they could be making Goulden CFO so he sees that side of the business."
Teuber, appointed vice chairman in May, will give up his CFO role to help Tucci run the company. (See EMC Promotes Execs.) Goulden moves from head of customer relations to CFO. Donatelli, EVP of storage operations, previously handled storage systems, but gets his role expanded to include development of software, primarily backup-and-recovery and storage virtualization.
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