Raid specialist Adaptec has appointed former long-serving Compaq server storage vice president Bob Schultz to the position of chief operating officer.
The announcement came as Adaptec revealed it had acquired privately owned German CD-R software developer Cequadrat for $25 million, in a bid to boost its capability in this market.
Schultz is one of a number of senior Compaq executives to leave the PC vendor, following the departure of chief executive Eckhard Pfeiffer in April.
Chief financial officer Earl Mason, services head John Rando, enterprise business chief John Rose, and European general manager Andreas Barth have all followed Pfeiffer out the door in the past three months.
Schultz was with Compaq for nine years and was instrumental in the success of its Proliant server range.
In a statement, Adaptec chief executive Bob Stephens said Schultz’s “vast knowledge and experience in the server storage business” would enable him to play a vital role in the company’s future growth.
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