Menu
Blue Coat brings in new CEO

Blue Coat brings in new CEO

Blue Coat Systems has brought in a new CEO, spinning the change as a way to free up outgoing boss Brian Nesmith from the daily grind of managing the company to instead work on product strategy.

Blue Coat Systems has brought in a new CEO, spinning the change as a way to free up outgoing boss Brian Nesmith from the daily grind of managing the company to instead work on product strategy.

Blue Coat introduces cloud-based analysis system

Michael Borman, who most recently was CEO of Avocent, says he doesn't plan to change the overall strategy of Blue Coat, which focuses on security and improving performance of applications on networks.

"We have more opportunities than we can ever go after," Borman says. "I don't have to worry about a new strategy here."

Nesmith says the company had been looking for someone to replace him since January, not to steer the company in a different strategic direction but to create greater depth in the management team.

Needham analyst Scott Zeller says the appointment acknowledges that operations had faltered at Blue Coat, citing weak quarterly results and warnings that operations in Europe and the Middle East will produce less than expected in the next quarter.

But Blue Coat says the move is not in response to performance in the quarter ended July 1, as evidenced by the company starting its CEO search nine months ago.

In a conference call, Borman said he was not brought in to effect strategic change or to negotiate sale of the company, both of which happened on his watch at Avocent. The circumstances were different there, with the company's KVM switch business running dry, requiring a shift in focus.

Borman worked at IBM for 30 years and held senior executive positions there in products and sales. Later he was president and CEO of Blue Martini, which made intelligent sales software.

Read more about wide area network in Network World's Wide Area Network section.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags managementNetworkingsoftwareapplication managementblue coatsystem managementavocent

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Show Comments