Violin Memory fires CEO, appoints board chair as interim chief

Violin Memory, which provides memory-based storage solutions, has named Howard Bain III, chairman of the company's board of directors, as interim chief executive officer. The appointment follows the board's decision to terminate Donald Basile as CEO. The board has started a search process for a permanent CEO. Violin Memory has been backed by venture capital firms including SAP Ventures, Highland Capital Partners, Toshiba and Juniper Networks, and went public in September.

17 December 2013•5 mins read
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