Don't be fooled: Despite recent IPO bids and acquisitions, not all private storage companies are in the pink.
At least a few continue to have growing pains associated with startups. MaXXan, StoredIQ, and Crosswalk recently made unannounced changes at or near the top of the management queue.
MaXXan's changes were the most sweeping. The virtual switch-turned-encryption-device startup dumped CEO Nelson Bye, sales VP George Vaiser, and marketing VP Jeff Whitney last week as part of what one employee called a "significant reorganization."
Founder and chairman Ray Kao, who was interim CEO before hiring Bye, is back at the helm. Kao ran MaXXan after the board forced out Vic Mahadevan in January of 2005, before Bye was promoted to CEO. (See MaXXan Seeks CEO and Sales.)
The three execs hadn't been in their jobs for long. Bye joined the company as president and COO last November and was promoted to CEO less than three months ago. (See Maxxan Names CEO.) MaXXan hired Vaiser and Whitney in January 2006. (See MaXXan Adds Execs.)
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.
Age is only a number. Don't let a high number cancel your career.
