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EMC Replaces VMware CEO »

Posted By applemasher 3 months, 1 week ago in Business & Finance
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Shares of VMware, a subsidy of EMC Corp, dropped almost 30 percent after EMC Corp took action to replace the company's CEO. Effectively immediately Paul Maritz, an EMC executive, will become the new CEO, lowering the chance of a possible spin off of the company next year.

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