San Francisco, May 12 : Enterprise software major VMware on Wednesday announced to appoint Raghu Raghuram as its new Chief Executive Officer and member of the Board of Directors, effective from June 1, 2021.
VMware also appointed Sumit Dhawan, currently serving as Senior Vice President and Chief Customer Officer, as President who will lead all go-to-market functions including worldwide sales, worldwide partner and commercial organisation, customer experience and success (CXS), marketing, and communications.
"I am thrilled to have Raghu step into the role of CEO at VMware. Throughout his career, he has led with integrity and conviction, playing an instrumental role in the success of VMware," commented Michael Dell, chairman of the VMware Board of Directors.
Since joining VMware in 2003, Raghuram has helped steer the company's strategic direction and its technology evolution throughout VMware's rich history.
He helped grow the core virtualisation business, drove VMware's software defined data centre strategy, constructed and guided VMware's cloud computing business and SaaS transformation efforts, played a pivotal role in the company's M&A strategy, and has been key in driving partnerships with Dell Technologies, hyper-scalers and other strategic partners.
"VMware is uniquely poised to lead the multi-cloud computing era with an end-to-end software platform spanning clouds, the data centre and the edge, helping to accelerate our customers' digital transformations," said Raghuram Sanjay Poonen, currently Chief Operating Officer, Customer Operations, has made the personal decision to leave VMware after seven years at the company.
The big changes came as Dell Technologies last month announced to spin out VMware -- a move that will generate more than $9 billion for the company that acquired VMware as part of the $58 billion EMC acquisition (announced as $67 billion) in 2015.
Dell plans to offer VMware shareholders a special dividend of between $11.5 and $12 billion. Since it owns approximately 81 per cent of those shares, Dell will generate around $9.3-9.7 billion.