SGI Announces Leadership Change
Tuesday January 31, 4:05 pm ET
Dennis McKenna to Succeed Bob Bishop as Chairman and CEO
MOUNTAIN VIEW, Calif., Jan. 31 /PRNewswire-FirstCall/ -- Silicon Graphics (OTC: SGID - News) announced today that Dennis McKenna has been named chairman of the board, chief executive officer and president, effective immediately. McKenna succeeds Robert Bishop, who will remain on the board of directors and serve as vice chairman.
"Dennis McKenna is a proven leader, with an established track record of driving positive results in difficult business environments. He is well balanced in strategy, business development and operational execution -- a combination that we believe will bring improved results to SGI and its stakeholders," said James McDivitt, SGI's lead director.
"To me, the name SGI is synonymous with High Performance Computing. Having the opportunity to lead this company with its passionate employees and innovative customers is very exciting. I am confident my global background in business development and operational execution will add to the strength of our products and solutions," said McKenna. "We have challenges that we are addressing. My approach will be to continue to do what we do well, do it more efficiently and productively, and to determine how what we do well can extend our ability to grow revenue and profits. I believe this will give our current and potential customers and partners confidence in our ability to deliver leading HPC solutions into the future."
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