Mercury Interactive: After the fall
"Clearly it's a big disappointment. Amnon is incredibly well repsected, very trusted and led company through a tremendous amount of growth and change," Lochhead said. "He deserves a lot of credit. He's a very powerful figure inside and outside the company and a close personal friend." Lochhead added that he and fellow employees were "surprised and shocked" by the news. "I saw Amnon over the weekend. It tough conversation, very challenging on personal level," Lochhead said.
Lochhead maintains that the new CEO, former President and COO Tony Zingale, has been performing as a CEO since he recruited him to join Mercury in December 2004. "It was clear internally that [Zingale] would ultimately take over for Landan as CEO of the company in an orderly, natural transition. "No anticipated this set of circumstances," Lochhead said. "In reality, since he joined the company, he has been running the company and Amnon has been in a strategic, visionary role."Lochhead told me that in times of crisis the good people in good companies come together. "I'm more motivated and focused on getting this done than in anytime in my career. We have a plan for what we need to do....You put company on your shoulders, get to work and kick some ass." First up for Zingale, Lochhead and team is maintain focus in day-to-day operations, restoring trust and hoping that NASDAQ will give Mercury a deadline extension to avoid delisting.