Violin Memory today named Kevin DeNuccio, a former CEO of Redback Networks, as its new CEO. He replaced Don Basile, the former Violin CEO who was fired by the company’s board on Dec. 16. After going public in September, Violin’s shares have fallen by about 60 percent. The shares fell by more than four percent to $3.62 as of noon ET today.
This article originally appeared on Recode.net.
We have a request
Vox's journalism is free because we believe that everyone deserves to understand the world that they live in. That kind of knowledge helps create better citizens, neighbors, friends, parents, consumers and stewards of this planet. In short, understanding benefits everyone. You can join in on this mission by making a financial gift to Vox today. Reader support helps keep our work free, for everyone. Will you join us?
Yes, I'll give $120/year
Yes, I'll give $120/year
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via