VMware this week ousted co-founder and CEO Diane Greene and replaced her with Paul Maritz, who has served as president of parent company EMC's Cloud Division. Maritz is also a former Microsoft executive who managed marketing and development for products such as Windows 95 and Windows NT.
According to reports, VMware shares plummeted about 25% Tuesday and this change comes after Microsoft released its Hyper-V hypervisor. The two companies can be expected to wage many battles for customer dollars and market share as more virtual players means that vendors will have to offer additional capabilities on top of the hypervisor.
Greene was among the too few female CEOs Network World has profiled as industry leaders over the years.
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