In a surprise move, Terremark chief executive and founder Manuel Medina has stepped down from his role with the company.
The IT services and cloud computing vendor said that Medina will hand over the reins on 31 May to former Verizon enterprise cloud strategy and services group president Kerry Baily.
Word of the resignation comes less than four months after Verizon announced the acquisition of Terremark. The £879m deal was cited by Verizon as part of the firm's "everything as a service" enterprise campaign.
"I've had the privilege to lead Terremark and our amazing team of professionals for more than 30 years, and I feel that now is the perfect time to step aside and allow the next generation of leaders to build on the success we have achieved," Medina said in a statement.
"I truly believe that the collective strengths of Verizon and Terremark will propel the company to even greater heights in the years to come."
Even in the midst of a merger, however, Medina's resignation came as a shock to industry watchers.
Pund-IT principal analyst Charles King told V3.co.uk that, while some friction is common when two firms come together, Medina's resignation was not thought to be imminent.
"It is a shock to see him going so quickly. Verizon said that it was going to run Terremark as an independent subsidiary, and in that case you would assume that the management would stay in place," he said.
The new leadership move at Terremark comes as the cloud computing space continues its rapid growth.
Businesses have been drawn to the cost savings and low hardware requirements offered by cloud services, despite concerns raised by the recent Amazon Web Services outage.
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