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PARC names new CEO

By | January 11, 2011, 4:00am PST

The Palo Alto Research Center (PARC) named Steve Hoover CEO as the Mark Bernstein retires.

Hoover most recently was vice president of Xerox’s software and electronics development group. Xerox owns PARC. At Xerox Hoover oversaw a $175 million research and development budget. Hoover joined Xerox in 1994.

As noted by Bernstein in a recent interview, PARC is focusing half of its effort on helping Xerox, which acquired ACS last year and has a good chance of melding services and research.

Hoover takes over Feb. 1. In a statement, Hoover said he will continue PARC’s “open environment where employees, technology visions, and business success can flourish globally.”

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Xerox Corp., Xerox PARC, Steve Hoover, Research & Development, Business Operations, Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.

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Larry Dignan

Larry Dignan has nothing to disclose. He doesn’t hold investments in the technology companies he covers.

Biography

Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.

For daily updates, follow Larry on Twitter.

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freelove11 10th Aug
Life is just a series of trying to make up your mind.
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RE: PARC names new CEO
james347 11th Jan 2011
CEO's are overrated and overpaid. Dump the person and the title and use the salary for something more useful.
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freelove11 10th Aug
Life is just a series of trying to make up your mind.
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