Product category: Design and Development Software
News Release from: Wind River Systems
Edited by the Electronicstalk Editorial Team on 30 June 2003
St Dennis quits Wind River
Tom St Dennis has resigned from his dual roles of President and Chief Executive Officer of Wind River Systems, effective immediately
"Over the past three and one half years Tom has worked tirelessly to lead Wind River through a transformational time in our company's history. I'd like to thank Tom for his significant contributions to Wind River and wish him well in his next endeavour", stated Jerry Fiddler, Chairman of the Board.
This article was originally published on Electronicstalk on 30 June 2003 at 8.00am (UK)
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St Dennis has also resigned from the board of directors.
Naren Gupta, Vice Chairman of the board, will assume responsibilities as interim President and Chief Executive Officer.
Dr Gupta became a Director and Vice Chairman of Wind River in February 2000 in connection with the merger of Wind River Systems and Integrated Systems (ISI).
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Dr Gupta founded ISI in 1980 and served at various times as its President, Chief Executive Officer and most recently as Chairman of the Board.
"Wind River has a long history of innovation and success serving the needs of the software industry.
During this interim period, we plan to move forward with intensity and aggressiveness and to set the stage to extend our leadership of the industry.
We will be counting on our talented and committed employee base to expand on our platform strategy and to work closely to address evolving customer needs", said Dr Gupta.
Jerry Fiddler will continue to be actively involved in operations as Chairman of the Board.
"The board of Wind River is squarely focused on leveraging the company's strong market position, technology, and the momentum of the Wind River Platforms to return to sustainable and profitable growth", said Fiddler.
"The company is financially strong and will continue to move forward as the leading provider of integrated embedded software and supporting services".
Wind River also announced the appointment of Bob Wheaton as Vice President, Worldwide Sales.
Wheaton was Vice President of Sales for Wind River from 1991 to 1998, and is familiar with both the company and the industry.
"With more than 30 years of experience in technology sales, Bob has a proven track record of successfully leading sales teams and delivering results.
Bob has been charged with the assignment of focusing the sales force to continue delivering superior value to our customers and to return the company to consistent top-line growth", concluded Fiddler.
Wind River has engaged SpencerStuart to commence an immediate search for a new CEO.
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