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Brocade names Lloyd Carney as CEO

Zafar Anjum | Jan. 15, 2013
Carney succeeds Michael Klayko, who has served as CEO since 2005.

Brocade's Board of Directors unanimously appointed Lloyd Carney as the company's new chief executive officer effective immediately, the networking solutions provider announced today.

"After a thorough and robust search process, the Board believes that Mr. Carney is the ideal leader to take Brocade to the next level," said David House, the chairman of the Brocade Board of Directors. "Mr. Carney has a relentless passion for driving innovation and operational excellence. These characteristics, combined with his track record of execution including delivering growth and increasing shareholder value, make him an outstanding choice to lead Brocade into its next phase."

Carney succeeds Michael Klayko, who has served as CEO since 2005.

Besides being the CEO, Carney will join Brocade's board of directors. He has spent nearly 30 years in the high-tech industry and has held a number of senior leadership positions at various networking and semiconductor companies.

Most recently, he was CEO and member of the Board of Directors at Xsigo Systems, a privately held company specialising in data centre virtualisation. Previously, he was CEO of Micromuse, which specialised in network management software and later became an integral part of the IBM Tivoli framework.


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