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GigOptix, Inc. Message Board

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  • buzlightwave buzlightwave Jan 29, 2013 8:13 PM Flag

    Avi Katz consolidates CEO & COO roles

    She probably quit.

    Look at the history.
    I'd post the link, but Yahoo sucks.

    "Nobody envied Tom Alexander when he took over as Intransas CEO last July. (See Intransa Trades In CEO.)

    In the months leading to Alexander’s replacing Avi Katz as CEO, the IP SAN startup had undergone an executive exodus that included the loss of founder and CTO Peter Wang, not to mention the CFO and VPs of engineering, global operations, and marketing. (See Intransa's in Transition and Ex-Intransa Trio Aids Startups.) The revolving door lent credence to talk that the startup was rapidly burning thorough the $25 million in funding it secured in August 2004.

    To make matters worse, the company’s influential chairman Eric Benhamou departed soon after hiring Alexander. "

    Sentiment: Strong Sell

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