Fusion-io Inc. (FIO) announced that Shane Robison has been named Chairman, Chief Executive Officer and President, effective immediately. Robison, who is a director of the Fusion-io Board, succeeds David Flynn. The company also announced that co-founder, Rick White, has resigned as Chief Marketing Officer.
Robison has more than 30 years of experience in senior business management and product development roles with some of the world's leading technology companies, including AT&T Labs, Cadence Design Systems and Apple. He most recently served as Executive Vice President and Chief Strategy and Technology Officer of Hewlett-Packard Company.
Fusion-io reaffirmed the financial outlook for the fourth quarter of 2013, before giving effect to any costs associated with the departures of Messrs. Flynn and White. The company continues to expect fourth-quarter revenue to be approximately $110 million. The company expects fiscal 2013 revenue to be approximately $435 million.
For comments and feedback: editorial@rttnews.com