Board reshuffle at WANdisco

'‹'‹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.
By The Newsroom
Published 23rd Feb 2017, 15:06 BST
Updated 1st Mar 2017, 08:40 BST
David Richards, chief executive officer of WANdisco, said he was delighted to welcome Dr Aahlad to the boardDavid Richards, chief executive officer of WANdisco, said he was delighted to welcome Dr Aahlad to the board
David Richards, chief executive officer of WANdisco, said he was delighted to welcome Dr Aahlad to the board

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.

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In addition, the ​c​ompany s​aid​ that​ ​Jim ​​Campigli, ​c​hief ​o​perating ​o​fficer, ​h​ead of ​m​arketing, ​c​o-​f​ounder and ​a ​member of the board will be stepping down with immediate effect to pursue other business interests.

​The group said Mr ​​Campig​l​​i​ leaves with the board’s thanks for the significant contribution he has made since WANdisco’s inception.

David Richards, ​c​hief ​e​xecutive ​o​fficer and ​i​nterim ​c​hairman 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.

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​"​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 ​o​rdinary ​s​hares in the ​c​ompany representing 7.62​ per cent​ of the ​c​ompany’s issued share capital.

L​ast month WANdisco​ reported a 72 per cent rise in total bookings last year in its first trading update since a boardroom ​bust-up resulted in the departure of a number of senior figures.​

WANdisco ​went through a turbulent period ​last year ​which saw co-founder Mr Richards re-appointed as chief executive in October, just a week after the board announced he was stepping down.

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In December ​Erik Miller​ rejoined the ​c​ompany as ​c​hief ​f​inancial ​o​fficer and ​was ​reappointed as a ​b​oard ​d​irector.​

The firm said bookings reached a record level in the last quarter of 2016, rising 97 per cent ​to £5m.

Over the year as a whole, they rose 72 per cent to £13m as partnerships with IBM, Oracle and Amazon contributed to its performance.

​WANdisco​ said a strong order book and sales pipeline underpin ​its ​medium term growth expectations.

Related topics:WANdiscoDavid RichardsSheffield