Shake-up on WANdisco board as software pioneer takes seat
SOFTWARE FIRM WANdisco announced more board reshuffling with the news that Dr Yeturu Aahlad, who was part of the core team that founded WANdisco in 2005, has joined the board whilst chief operating officer Jim Campigli is stepping down to pursue other business interests.
The Sheffield-based firm said Dr Aahlad is a pioneer in the field of “active-active data replication”, a patented process that sits at the heart of WANdisco’s core technology, WANdisco Fusion.
Dr Aahlad has a Ph.D in the field of Distributed Computing from the University of Texas, Austin and a BS in Electronics and Communication from IIT Madras.
In addition, the company said that Jim Campigli, chief operating officer, head of marketing, co-founder and a member of the board will be stepping down with immediate effect to pursue other business interests.
The group said Mr Campigli leaves with the board’s thanks for the significant contribution he has made since WANdisco’s inception.
David Richards, chief executive officer and interim chairman of WANdisco, said: “We are delighted to welcome Dr Aahlad to the board.
“As a founder and pioneer of WANdisco’s patented technology, he is a natural addition and we believe he offers a wealth of industry experience which will be invaluable as we implement our near term growth strategy.
“I would also like to thank Jim for his tremendous contribution in the development of WANdisco and wish him well in all his future endeavours.”
Dr Aahlad currently has a beneficial holding of 2,825,021 ordinary shares in the company representing 7.62 per cent of the company’s issued share capital.
Last month WANdisco reported a 72 per cent rise in total bookings last year in its first trading update since a boardroom bustup resulted in the departure of a number of senior figures.
WANdisco went through a turbulent period last year which saw co-founder Mr Richards reappointed as chief executive in October, just a week after the board announced he was stepping down.
In December Erik Miller rejoined the company as chief financial officer and was reappointed as a board director.
The firm said bookings reached a record level in the last quarter of 2016, rising 97 per cent to £5m.
As a pioneer of WANdisco’s technology, he is a natural addition. David Richards, chief executive and interim chairman of WANdisco