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3Com brings outsider in as new CEO

News
Jan 27, 20061 min
Networking

3Com tapped R. Scott Murray as its new president and CEO, taking over immediately for retiring chief executive Bruce Claflin.

Murray was the CEO of Modus Media International, a provider of hosted supply chain management services, based in Westwood, Mass.

“After meeting with a number of highly qualified candidates, we found Scott extremely well-suited to lead 3Com into the future,” said 3Com chairman Eric Benhamou in a statement.

Murray will also take over Claflin’s role as chairman of the Huawei-3Com joint venture, through which 3Com produces many of its large-scale enterprise products for the U.S. market.

Claflin, who announced his retirement plans Jan. 11, served as 3Com’s CEO and president since 2000. He led the network vendor through several shifts in its enterprise strategy, an exit from the carrier market, a joint venture with Chinese network gear maker Huawei, and the acquisition of IPS vendor TippingPoint.

3Com is giving Claflin a $3.3 million severance package, equal to two years of his base pay and projected bonuses.