Business
FalconStor Announces Todd Oseth as President & Chief Executive Officer
FalconStor Announces Todd Oseth as President & Chief Executive Officer.
About this update from Falconstor Software, Inc.
[{"type":"text","content":"\nFalconStor Announces Todd Oseth as President & Chief Executive Officer\n\nFalconStor Announces Todd Oseth as President & Chief Executive Officer\n\n\nIndustry Executive Brings More Than 30 Years of Experience in Building Businesses \n\n MELVILLE, NY--(Marketwired - June 20, 2017) - FalconStor Software, Inc. (NASDAQ: FALC), a market leader in storage software, today announced the appointment of Todd Oseth as President and Chief Executive Officer effective July 1, 2017. The company also announced that Gary Quinn, formerly FalconStor President and Chief Executive Officer, has voluntarily resigned effective July 1, 2017.Mr. Oseth is a high-performance, hands-on chief executive who will be focused on delivering profitable business growth by working directly with customers, partners, employees and investors in the pursuit of the company's strategic objectives. Prior to joining FalconStor, he was President and Chief Executive Officer of Intermap Technologies where he led the transformation of the company into a leading provider of geospatial solutions. Previously, Oseth held executive positions with McDATA, EMC, Sony and Ramtron.\"FalconStor's strong heritage in data protection and mobility, particularly focused on lowering storage costs through utilizing public cloud services, is unrivalled,\" said Todd Oseth FalconStor President and CEO. \"I'm honored to lead the team as we focus first on serving our substantial customer base and second on innovating in addressing storage challenges where FalconStor leads the market such as VTL and cloud mobility. In my first one hundred days, I'll be meeting with customers and partners around the world to ensure we meet their current and future needs, while focusing internally on returning the company to profitable growth.\"\"We want to thank Gary Quinn for his service, leadership and contributions to the Company during his tenure as President and Chief Executive Officer. We wish him all the best for his continued success in the future,\" said Martin Hale, Member of the Board of Directors of FalconStor. \"As we look ahead, we are excited about FalconStor's future with Todd at the helm. He's the right person at the right time to lead the way.\" About FalconStor SoftwareFalconStor Software, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged data services s...