|[February 27, 2013]
Riverbed Appoints Ernie Maddock as Chief Financial Officer
SAN FRANCISCO --(Business Wire)--
Riverbed (News - Alert) Technology (NASDAQ: RVBD), the application performance company,
today announced the appointment of Ernie Maddock, currently chief
financial officer at Lam Research Corporation, to the position of chief
financial officer, effective April 29, 2013. In his role, Maddock will
report to chairman and chief executive officer Jerry M. Kennelly and
will manage all of the financial, operational and IT areas at the
company. He replaces chief operating officer and chief financial officer
Randy Gottfried, who will be retiring from Riverbed effective May 3,
Maddock has been with Lam Research for more than fifteen years, helping
grow the company into a multi-billion dollar leader in the semiconductor
capital equipment industry. While at Lam Research, in addition to his
chief financial officer role, Maddock held senior roles as vice
president of customer support and vice president of global operations.
Prior to Lam Research, Maddock held a variety of senior financial and
operational positions at NCR Corporation.
"e are excited to welcome Ernie to the Riverbed team," said Jerry M.
Kennelly. "As we move into our next phase of growth, Ernie brings a
wealth of experience and a proven track record building companies,
managing operations and working with the investment community."
Randy Gottfried has served as Riverbed's chief financial officer since
joining the company in February 2004. "I am proud of what we have built
at Riverbed over the last nine years, as our technology and people have
impacted enterprise IT on a global scale," said Gottfried. "I leave with
tremendous confidence both in the company's long-term prospects and in
the team that will continue to guide Riverbed going forward."
"We appreciate Randy's hard work and many contributions to Riverbed,
supporting our growth from a pre-revenue start-up to a global
billion-dollar revenue company," said Jerry M. Kennelly. "We wish him
all the best in the future."
Riverbed delivers application performance for the globally connected
enterprise. With Riverbed, enterprises can successfully and
intelligently implement strategic initiatives such as virtualization,
consolidation, cloud computing, and disaster recovery without fear of
compromising performance. By giving enterprises the platform they need
to understand, optimize and consolidate their IT, Riverbed helps
enterprises to build a fast, fluid and dynamic IT architecture that
aligns with the business needs of the organization. Additional
information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.
Riverbed and any Riverbed product or service name or logo used herein
are trademarks of Riverbed Technology, Inc. All other trademarks used
herein belong to their respective owners.
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