Silicon Graphics (SGI) announced the immediate resignations of senior vice president, Michael Ramsay, and chief financial officer, Stanley Meresman, earlier this week, following poor financial results in the last quarter.
The company is undergoing a corporate shake-up, merging all hardware and manufacturing into one division, Computer Systems. The new division is headed by Robert Ewald, executive vice president, and formerly president of the SGI?s Cray Research supercomputing subsidiary.
Ewald?s new prominence is interpreted by some as the ascendancy of Cray over SGI, but Ed McCracken, SGI?s chief executive, said: ?We updated our entire product line and the transition issues we experienced getting them out the door exposed the need to concentrate engineering and manufacturing in a single organisation.?
Administration is consolidating into a single group headed by Bill Kelly, formerly the general counsel and senior vice president of the Silicon Interactive group. John Sullivan, Cray's general counsel, steps into Kelly?s shoes, replacing him as SGI?s general counsel.
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