Shane Robison Chairman and CEO, Fusion-io

Fusion-io, Inc. announced that Shane Robison has been named chairman, CEO and president, effective immediately.

He is a director of the Fusion-io board of directors and succeeds David Flynn, who has resigned as CEO and president to pursue entrepreneurial investing activities.

The company also announced that co-founder, Rick White, has resigned as CMO to join Flynn in early stage investing activities. They will both remain members of the board and will serve in advisory roles to the company for the next 12 months.

Robison, 59, has served as a director of Fusion-io since December 2011. He served as chief strategy and technology officer and EVP of HP from May 2002 to November 2011. From 2000 to May 2002, he served as SVP, technology and CTO of strategy and technology of Compaq Computer Corporation. Prior to that, he served as the president of internet technology and development at AT&T Labs. Formerly he was EVP, R&D, and then served as president of the design productivity group at Cadence Design Systems. He also spent seven years at Apple Inc., where he held a series of executive-level positions, leaving the company as VP and GM of the personal interactive electronics division. Robison’s experience includes work at Schlumberger‘s research groups in Silicon Valley, at Evans & Sutherland Computer Corporation and consulting for the University of Utah in the area of database systems architecture. He also serves as a director of Altera Corporation.

He holds a B.S. and a M.S. in Computer Science from the University of Utah.

"Shane Robison is a proven executive with the experience and expertise to lead Fusion-io as we enter our next phase of growth and development," said Scott Sandell, independent director of the Fusion-io board. "Over the course of his career, Shane has demonstrated an ability to develop the critical corporate strategies to help innovative companies scale and grow globally. Shane’s understanding of our business, significant international experience, and deep industry and partner relationships make him ideally suited to lead Fusion-io as we seek to accelerate the company’s strategic and financial goals to enhance shareholder value."

"I am honored to lead Fusion-io through its next chapter of growth," said Robison. "Fusion-io has long been recognized for its visionary technology, and I look forward to working closely with the company’s talented team as we continue to develop the critical technology that we all rely on to deliver the world’s data faster. As the use of data grows, IT professionals need more effective and efficient ways to power their business-critical applications. Fusion-io has an incredible opportunity to continue to transform the software defined storage industry. Our customer relationships are strong, and working with the company’s exceptional management team, I am excited to lead Fusion-io."

"On behalf of the board and entire Fusion-io team, I want to thank David and Rick for their significant contributions to the creation, development and growth of the company," said Sandell. "David and Rick’s vision as co-founders has redefined memory technology and had a profound impact on our industry. Under their leadership, Fusion-io has developed into one of the world’s leading technology companies, helping businesses increase datacenter efficiency. They played an important role in taking the company public and developing a strong framework from which Fusion-io can grow to the next level."

Fusion-io noted that these announcements are not related to any issues regarding the integrity of the company’s financial statements or accounting policies and practices.

Business Outlook
Fusion-io reaffirmed the financial outlook it provided on April 24, 2013 for the fiscal fourth quarter of 2013, before giving effect to any costs associated with the departures of Flynn and White.

Fourth quarter of fiscal year 2013: