HOPKINTON, Mass - January 26, 2016 -
EMC Corporation (NYSE:EMC) today announced that EMC CFO Zane Rowe will move to VMware, Inc. to become VMware’s Chief Financial Officer effective March 1. The appointment is made as EMC prepares to complete its previously announced combination with Dell. Once the transaction closes, EMC will be combined with Dell and VMware will remain a publicly-traded company.
Joe Tucci, EMC Chairman and Chief Executive Officer, commented, “I’d like to thank Zane for his extraordinary accomplishments and leadership since joining EMC, and for enthusiastically embracing the opportunity to become CFO of VMware. As we drive our business forward, while working towards completing the Dell transaction, we are highly confident that Zane’s broad industry expertise and skills will serve VMware and its shareholders well.”
Zane Rowe commented, “It’s very exciting to be joining VMware, one of the world’s premier software companies. Since joining EMC, I have worked closely with VMware CEO, Pat Gelsinger, and the VMware executive team. VMware has tremendous long-term growth potential. I look forward to joining the team to help drive long-term growth and shareholder value while, at the same time, continuing to collaborate closely with the EMC and Dell teams as we build toward our future as one of the world’s IT powerhouses.”
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.