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Ethernet switch vendor Extreme Networks is replacing its CEO and laying off 70 employees in an effort to quickly improve the company's bottom line and set it up to run profitably with lower revenues.CEO Mark Canepa, who took the position in 2006…
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Heartland's president and CFO, said in the statement. A new data breach disclosed by Heartland Payment Systems could displace the infamous TJX breach in the record books as the largest ever recorded, with potentially over 100 million cards being…
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When memory products sales are excluded, AMD's sales grew nine percent from the previous quarter and 32 percent from the previous year, said CFO Robert Rivet.However, AMD's operating margins slipped to 51.4 percent from 56.8 last quarter and 55.4…
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Wayman, 59, will remain CFO and continue to serve as a member of HP's board. He takes over from Robert Wayman, a 36-year HP veteran who has been chief financial officer since 1984 and took over as interim CEO after Fiorina left.
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Tufano was CFO but then got promoted to CEO in June 2003 and Robert Edwards became finance chief. Tufano is the fourth CFO the company has had in eight months with two previous holders resigning. Theodore Hull took over as acting CFO and then…