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McNealy rides into the sun
Sun chief executive Scott McNealy today stepped down, allowing for his long time lieutenant Jonathan Schwartz to take over as the company's new boss. Sun under McNealy's leadership rose to great heights, and made a record plunge.
As Sun was trying to cope with the dotcom bubble's burst, its customers decided to embrace Linux and industry standard servers, creating even more problems for the server maker. After losing the dotcom business, now its clients in banking and finance started to run away.
There have been plenty of calls for McNealy to step down. He allegedly was ready to leave in 2001, but then changed his mind, causing COO Ed Zander to step down instead. He later went on to lead Motorola, which is doing remarkably well under his leadership.
McNealy has a lot to brag about, but his legacy has also been blemished.
McNealy at the RSA Conference earlier this year
Tags: sun microsystems, scott mcnealy, jonathan schwartz
April 25, 2006 at 01:33 AM | Permalink
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» McNealy se sube al sol from Silicon Valley Sleuth ES
El director ejecutivo de Sun, Scott McNealy ha dimitido, permitiendo a su lugarteniente durante mucho tiempo, Jonathan Schwartz, tomar el mando de la compañía como nuevo jefe. Sun bajo el mando de McNealy alcanzó gran altura y protagonizó una de... [Read More]
Tracked on 25 Apr 2006 14:20:41
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