Todd Oseth President and CEO, FalconStor

FalconStor Software, Inc. announced the appointment of Todd Oseth as president and CEO effective July 1, 2017.

It also announced that Gary Quinn, formerly president and CEO, has voluntarily resigned effective July 1, 2017.

Oseth is a hands-on chief executive who will be focused on delivering profitable business growth by working directly with customers, partners, employees and investors in the pursuit of the company’s strategic objectives. Prior to FalconStor, he was president and CEO of Intermap Technologies where he led the transformation of the company into a provider of geospatial solutions. Previously, he held executive positions with McDATA, EMC, Sony and Ramtron.

“FalconStor’s strong heritage in data protection and mobility, particularly focused on lowering storage costs through utilizing public cloud services, is unrivaled,” said Oseth. “I’m honored to lead the team as we focus first on serving our substantial customer base and second on innovating in addressing storage challenges where FalconStor leads the market such as VTL and cloud mobility. In my first one hundred days, I’ll be meeting with customers and partners around the world to ensure we meet their current and future needs, while focusing internally on returning the company to profitable growth.”

“We want to thank Gary Quinn for his service, leadership and contributions to the company during his tenure as president and CEO. We wish him all the best for his continued success in the future,” said Martin Hale, member of the board of directors, FalconStor. “As we look ahead, we are excited about FalconStor’s future with Todd at the helm. He’s the right person at the right time to lead the way.”