Former FalconStor Chairman/CEO ReiJane Huai Shot Himself

To read this article from Newsday, click on:
Former exec an apparent suicide
The former president and chief executive of Melville-based data storage company FalconStor Software died Monday in what a police source said was an apparent suicide. ReiJane Huai, 52, was pronounced dead shortly after his arrival at North Shore University Hospital Monday morning, a hospital spokeswoman confirmed.

To read this article from New York Post, click on:
Long Island tech mogul in suicide shocker
Shoots himself amid trading probe.

Comments

Born in Taiwan in 1959, millionaire ReiJane Huai served as president and CEO of FalconStor since December 2000 and chairman since August 2001. He founded this firm that was one of the first company in storage virtualization in 2000 with former Cheyenne Software's execs and the company became public via Network Peripherals in 2001.

He was fired in September 2010 following a SEC investigation as he disclosed improper payments with one customer and was immediately replaced by current president and CEO Jim McNiel. Two months later, he resigned as board's director of SeaChange International.

He came to FalconStor with a career in software development and management. As executive VP and GM, Asia, for CA, he was responsible for sales, marketing and the development of joint ventures in the region. He joined CA in 1996 with its acquisition of Cheyenne in 1996 for $1.2 billion, where he was president and CEO. He arrived at Cheyenne in 1985 as manager of R&D and was appointed director of engineering in 1987. While there, he served as chief architect of ARCserve, one of the first storage management solution for client/server environment.

Huai received a master's degree in computer science from the State University of New York at Stony Brook in 1985.

We met him for a long interview in 2002. About his first name, ReiJane, he said: "Rei in Chinese means lucky. Jane is simple."

That's the third known suicide of a storage executive these last years, after an EMC co-founder in August 2009 and a Samsung VP in February 2010:
Samsung VP Commits Suicide
He worked at semiconductor and flash memory division.
EMC Co-Founder Dick Egan Kills Himself After a Battle With Lung Cancer
He was the E in EMC.