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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: tiquer who wrote (15613)	4/22/1999 7:53:00 AM
From: John Carragher	Respond to of 64865

Love the comment "the check is in the mail" The Wall Street Journal Interactive Edition -- April 22, 1999 Tech Center Sun Microsystems' Operating Chief, Zander, Is Adding Position of President By DAVID P. HAMILTON Staff Reporter of THE WALL STREET JOURNAL Sun Microsystems Inc. gave its chief operating officer, Edward Zander, the additional title of president, a boost in status for an executive who has been regularly courted for jobs at other big technology companies. Mr. Zander, 52 years old, was already the No. 2 executive at the fast-growing computer maker, and the promotion doesn't appreciably change his job responsibilities. Since being named chief operating officer just over a year ago, Mr. Zander has overseen Sun's seven product divisions, and he is one of five Sun executives to sit on the company's strategy-planning executive committee. Now Mr. Zander becomes only the second president in Sun's 17-year history. Co-founder Scott McNealy, 44, previously held that title, and he remains chairman and chief executive officer. The Palo Alto, Calif., company was once primarily a maker of high-performance workstations, a business threatened by the introduction of cheaper standardized machines based on Intel Corp. processors and running Microsoft Corp.'s Windows NT operating system. But Mr. Zander helped transform Sun into a leading maker of servers, the powerful computers that control big computer networks and help run Internet setups. The change has helped its shares more than double over the last year. "We've built a pretty good company here, against all odds," Mr. Zander said. "Microsoft, Intel, Hewlett-Packard -- all of them have been shooting at us." Sun's success, in fact, has inspired a great deal of interest in Mr. Zander himself. Just over a year ago, he was considered a leading candidate to head up Apple Computer Inc., before Apple co-founder Steve Jobs decided to continue as interim CEO indefinitely, and Mr. Zander sometimes is mentioned as a potential successor to Hewlett-Packard Co. Chairman and CEO Lewis Platt. His name also has surfaced in speculation over the successor to Compaq Computer Corp. CEO Eckhard Pfeiffer, who was ousted by Compaq's board last weekend. Mr. Zander declined to say whether he has been approached for any of those jobs, saying that doing so would be a "disservice" to Sun and his employees. He said he has "a great job," though he is discussing with Sun the possibility of receiving additional salary and stock options. "In typical Sun style, the check is in the mail," he joked.