Diane Greene
Diane Greene's dismissal has had negative repercussions for VMware

VMware rues dismissal of Greene

Co-founder Mendel Rosenblum is latest to follow ex-CEO Diane Greene out the door

Rosalie Marshall

The dismissal of VMware co-founder Diane Greene earlier this summer has had a number of negative repercussions for the leading virtualisation firm.

VMware shares fell by 24 per cent following Greene's departure and the company lost three of its most senior executives, including co-founder Mendel Rosenblum who had been offered Greene's position, according to a report in The New York Times.

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The executives left the company because of the way Greene was fired by EMC chairman Joe Tucci, the article suggested.

Greene was sacked on 7 July after making a special presentation to VMware's board. "Mr Tucci told Ms Greene she was fired, effective immediately," the report added.

The other two executives to leave were research and development chief Richard Sarwal, and vice president of product development Paul Chan.

Sarwal will move to Oracle where he will compete with VMware in the development of virtualisation software.

The news arrives just before the VMworld conference in Las Vegas next week.

EMC and VMware had not provided a response to the news by the time this story was published.

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Further reading

EMC logo

EMC's releases Clariion CX4 Series

EMC's latest midrange system promises flash drives and virtual provisioning

vmware logo

VMware replaces chief exec - Update

VMware announces surprise departure of chief executive Diane Greene

VMware ousts boss as forecasts not met

Diane Greene out as shares crash by nearly a third

VMware shares fall as founder leaves

Virtualisation specialist also warns that full-year sales will be below expectations

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