It's beginning to feel like a game of musical chairs at the top of the tech world today.
Following up Akamai's, Garmin is also revealing an executive transition plan on Monday.
The navigation solutions provider announced that it has named Clifton Pemble as Garmin's next CEO and president, effective January 1, 2013.
Pemble will succeed co-founder Dr. Min Kao, who will stay on with Garmin in the role of executive chairman, where he will be charged with "providing ongoing support to the company’s strategic planning and business development processes."
Pemble joined Garmin in 1989 as one of the company's first software engineers. He has served as president and chief operating officer since 2007 on top of being on the board of directors since 2004.
As COO, Pemble was responsible for directing day-to-day operations of all Garmin's subsidiaries in North America.
Image via Garmin