Pats on the back all round as Pure Storage announces new CEO and growing revenues

As Pure Storage boasted strong second-quarter sales yesterday, the company also revealed that CEO Scott Dietzen would be stepping down to become chairman of the board. Dietzen's replacement, Charles Giancarlo, was an EVP and chief technology and development officer for Cisco between 1993 and 2007. He then became a board member …

[Electron Shepherd]

Ahm ooot...

"We are laser-focused on executing against our plan to achieve $1bn+ in revenue this year and marching steadily to profitability in the near future."

To quote a dour Scotsman - "Revenue is vanity - profit is sanity"

[Anonymous Coward]

New CEO

The scapegoat has been found...

but hey, he's gonna get a golden parachute plus Ditz can return as a savior

Slowing growth is here to stay. more pricing pressure is coming.

[Anonymous Coward]

So why is Pure laying off people in EMEA after gaining 4p last Friday?

[Anonymous Coward]

What do you mean gaining 4p? It gained almost 20% Friday.

[nickx89]

Good pick.

Charles Giancarlo proved good pick to Pure Storage.