VKernel announced yesterday that there has been a regime change at the top. The company announced that industry veteran, Doug McNary, will now take over the seat as CEO of the company from Alex Bakman, who will now lead company strategy as CTO.
A 20+ year high-tech veteran, McNary has extensive experience in building and scaling successful IT infrastructure management software companies. Doug comes to VKernel from storage management vendor Onaro where as CEO he led the company to profitably and its successful acquisition by NetApp in 2008. Prior to Onaro, McNary was EVP of Corporate Development and Sales at Motive leading it to over $90M in annual revenue and a successful IPO in 2004. Earlier, he led Tivoli Systems' initial sales efforts in the US and EMEA growing annual revenues to over $250M leading to its successful IPO and acquisition by IBM.
"The rapid shift to virtualization and cloud computing has created a new set of challenges and needs for managing infrastructure capacity," said McNary. "VKernel's approach to providing powerful, easy to use and affordable Capacity Management products has proven to be a winning formula with customers. With over 15,000 users, VKernel has quickly established itself as the market leader in this high growth area and I look forward to building on the company's early success."
Alex Bakman, VKernel founder and previous CEO, will now focus his efforts on leading the company's technical strategy and product vision as CTO. "We are excited about having someone with Doug's experience and background help us bring the company to the next level," said Bakman. "Doug's experience in building successful high growth companies along with his understanding of the Systems and Storage Management industry will be valuable as we build on our initial success and continue to develop our market partnerships."