VMware Strengthens Executive Leadership, Appoints Former Savvis President to Head New Hybrid Cloud Services Business Unit Veteran Cloud Services Leader Bill Fathers to Accelerate Growth of VMware Hybrid Cloud PALO ALTO, Calif., March 13, 2013 VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced the appointment of Bill Fathers as senior vice president and general manager of VMware's newly-formed Hybrid Cloud Services business unit.
Bill understands how to drive adoption of enterprise cloud services and has a clear vision to build and strengthen our newly-formed Hybrid Cloud Services business unit, said Pat Gelsinger, CEO of VMware. With his expertise and proven ecosystem mindset, VMware and its partners will deliver the richest set of complementary cloud offerings and empower our customers to achieve maximum value from their hybrid cloud investments.
At a Strategic Forum for Institutional Investors today, VMware CEO Pat Gelsinger outlined the company's strategy, including plans to extend the software-defined data center with a hybrid cloud service offering, and the creation of a new Hybrid Cloud Services business unit to be led by Fathers ( read the press release).
Enterprise adoption of cloud services is ramping exponentially, and VMware is uniquely positioned to deliver on the promise of hybrid cloud, said Fathers. I look forward to leading the new Hybrid Cloud Services Business Unit and partnering with our ecosystem to provide customers the ultimate flexibility in how they deploy existing and new applications on-premise, off-premise, or through whatever combination works best for their business needs.
Fathers joins the VMware leadership team from Savvis, a leading provider of cloud computing and managed hosting, where he most recently served as President overseeing sales, marketing, product development, global operations and all corporate functions in North America, Europe and Asia. Fathers brings more than 15 years' experience scaling global services businesses from start up to more than $1 billion in revenues as well as deep ecosystem expertise from his years building partnerships across service provider, ISV and system integrator communities.
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About VMware
VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2012 revenues of $4.61 billion, VMware has more than 480,000 customers and 55,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.
VMware and Hybrid Cloud Services are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.
Forward-Looking Statements
This press release contains forward-looking statements including, among other things,statements regarding VMware's strategic plans, including introduction of vCloud Hybrid Services and accelerating the growth of VMware's hybrid cloud offerings, the potential benefits of such offerings to VMware customers and expectations for growth rates in enterprise adoption of cloud services. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in consumer or information technology spending; (iii) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the virtualization market, and new product and marketing initiatives by our competitors; (iv) our customers' ability to develop, and to transition to, new products and computing strategies such as hybrid cloud services, mobile device virtualization platforms and the software defined data center;(v) rapid technological and market changes in virtualization software and platforms for cloud computing; and mobile devices; (vi) changes to product development timelines; (vii) our ability to protect our proprietary technology; (viii) our ability to attract and retain highly qualified employees; and (ix) the successful integration of acquired companies and assets into VMware. These forward-looking statements are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
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VMware Strengthens Executive Leadership, Appoints Former Savvis President to Head New Hybrid Cloud Services Business Unit Veteran Cloud Services Leader Bill Fathers to Accelerate Growth of VMware Hybrid Cloud PALO ALTO, Calif., March 13, 2013 VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced the appointment of Bill Fathers as senior vice president and general manager of VMware's newly-formed Hybrid Cloud Services business unit.
