Fusion-io has just lost its chief financial officer and chief sales officer, and is now reporting deepening losses in its first fiscal 2014 quarter, although the sales still look healthy.
Fusion-io Inc., a maker of high-performance, data-storage systems based in Salt Lake City, said CFO Dennis Wolf will leave the company after a transition period to join a private company.
Dennis Wolf will join the company as CFO, where he will oversee all of the company’s financial and operational functions.
Dennis Wolf will leave his CFO post at storage drive-maker Fusion-io for the same position at DataStax, a database startup.
Fusion-io Inc. on Wednesday posted a fiscal first-quarter loss as revenue dropped 27 percent, and the flash storage-drive maker also said that two top executives are leaving.
DataStax Inc. said Silicon Valley veteran and former Fusion-IO Inc. executive Dennis Wolf will join the company as chief financial officer.
We’ve been documenting the implosion of Fusion-IO, a 2011 IPO darling and the employer of Apple co-founder Steve Wozniak.
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