Ex-Microsoft President Named CEO of Quantum
Associated Press
Richard Belluzzo, who resigned in April after serving a little over a year as Microsoft Corp.’s president and chief operating officer, was named CEO of data storage company Quantum Corp.
Belluzzo will succeed Michael Brown, who is stepping down after seven years as chief executive. No reason was given for Brown’s decision, but he will continue to serve as chairman of Milpitas, Calif.-based Quantum’s board.
Belluzzo, 48, resigned from Microsoft amid a management restructuring that allowed divisions within the software giant to operate more autonomously. At the time, he said he wanted to become CEO of a company.
Quantum shares rose 22 cents to $2.30 on the NYSE.
