Theodore Hull CFO, Fusion-io

In a SEC filing, Fusion-io, Inc. announced the appointment of Theodore A. Hull, CFO and EVP of the company.

 Hull, 56, served as VP, finance at Cisco Systems, Inc. from December 2007 to September 2013. From 2004 to 2007, ha was CFO at Isola Group Ltd., a material sciences company, and from 2001 to 2004, served as VP, finance and then CFO at Maxtor Corporation. He previously served in various finance roles at Exodus Communications Inc. and IBM Corp., including as storage systems division controller.

Hel holds a B.A. from Binghamton University and an M.B.A. from Florida Atlantic University.

Hull will receive a base salary of $350,000, subject to annual review.

He also will be eligible for an annual target bonus under the company’s executive incentive compensation plan equal to 70% of his base salary. He will also receive a one-time lump sum payment of $125,000 in connection with his appointment as CFO, which is repayable to the company if he has not relocated to the Salt Lake City, URTarea by December 2014, or if he departs or is terminated for cause prior to the one year anniversary of his start date.

Furthermore he will be granted an equity award consisting of 120,000 restricted stock units and a stock option to purchase 240,000 shares of the company’s common stock.