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Maranti Networks Inc. has quietly bid adieu to CEO Debbie Miller after ten months on the job.
Former engineering VP James Kuenzel replaced Miller as president, but the company is without a CEO and in no apparent hurry to find one (see Maranti Names New President).
One source familiar with the company says its priority is finding money because it has almost burned through most of the $57 million raised over three rounds since 2000. It appears they are just about out of money, the source says. They need funding ASAP.
Maranti did not announce Millers departure as CEO and president, which comes amid whispers that venture capitalists behind the startup wanted a change. Calls and emails to Marantis San Jose, Calif.-based office went unreturned, but one executive sent word through an outside spokesman that Miller has left.
Debbie Miller has transitioned out of Maranti, the spokesman says. There is no CEO or any active search going on.
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
2022 was a boon year for IT salaries. 2023 came in like a beast with layoffs, raise freezes, and ChatGPT, but that beast has few teeth.
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