Networking vendor Brocade has named Lloyd Carney as its new CEO.
He will take over from Michael Klayko, who tendered his resignation, but said he would be staying with the company until a replacement was found. He had been the company's CEO since 2005.
Brocade described the search for a new CEO as "thorough and robust."
Carney has been in the technology industry for around 30 years and was most recently the CEO of datacentre virtualisation company Xsigo Systems. Before that, he was the CEO of Micromuse, a network management software vendor. He had also served as Juniper Networks' COO and had worked for Nortel Networks.
"I believe Brocade is poised to leverage its heritage of strong innovation, and significantly disrupt the status quo in the data-networking industry," Carney said in a statement. "There are profound changes happening across high tech today, and Brocade has a great opportunity to lead that transformation through differentiated products and customer focus."
Carney will be joining Brocade's board of directors as well.