FalconStor Software Inc. (FALC) announced that effective June 28, 2013, Jim McNiel voluntarily resigned his positions as President and Chief Executive Officer of the company to pursue other opportunities. McNiel also voluntarily resigned from FalconStor's Board of Directors.
The company also announced that Gary Quinn has been appointed as interim Chief Executive Officer. Quinn has been with FalconStor since April 2012 and most recently served as an Executive Vice President and as the Company's Chief Operating Officer since April 2013. Prior to Quinn's promotion in April 2013, he served as the company's Vice President of North America Sales and Marketing.
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