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Violin Memory Names Kevin DeNuccio as New CEO

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.