Avocent (AVCT) Hires Michael Borman As Its Next CEO
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Avocent Corporation (NASDAQ: AVCT) announced that its Board has named Michael J. Borman, 53, to serve as the Company's Chief Executive Officer. He will start effective July 15, 2008, and was also elected as a member of the Company's Board of Directors.
Mr. Borman most recently served as Vice President, Worldwide Sales, IBM Software Group, where he was responsible for annual revenues of over $15 billion and a sales force of over 15,000 people. His previous leadership roles at IBM included General Manager of the i-Series and p-Series server product lines as well as other executive positions in general management, including overseas assignments in Asia. Mr. Borman also served as President and Chief Operating Officer of Blue Martini Software.
Avocent delivers IT infrastructure management solutions that reduce operating costs, simplify management and increase the availability of critical IT environments 24/7 via integrated, centralized in-band and out-of-band hardware and software solutions.
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