Guest of the Week (9/1/17)
Pat Gelsinger, Chief Executive Officer, VMware Inc.
Congratulations Pat! You are theCUBE’s Guest of the Week.
The experience of a technology company’s chief executive officer can often be a roller coaster ride with highs, lows, dips, hairpin turns, sudden drops and a lot of bumping around. So Pat Gelsinger, CEO of VMware Inc., could probably be forgiven if he pleads a severe case of whiplash.
After taking the company’s helm in 2012, Gelsinger ended a vSphere server virtualization licensing program and dismantled an application portfolio. VMware’s share price and annual revenue began a steady climb, but the company was then acquired in 2016 as part of Dell’s buyout of EMC for $67 billion. The spotlight got hotter for VMware’s CEO after the share price lost half its value (to a low of $43) and criticism mounted over weaker-than-expected performance of vCloud Air. Things got so bad, it was openly speculated that Gelsinger would be gone before VMworld in August last year.
As it turned out, Gelsinger not only stayed in the top spot, but has orchestrated quite a turnaround in VMware’s performance. The company boasts double-digit revenue and income growth, a stock price north of $100 per share and new partnerships with three of the industry’s most powerful — Google Inc., Amazon Web Services Inc. and Microsoft Corp.
“The Dell deal is working for us. It’s delivering real acceleration to our business. We’ve come through the other side,” Gelsinger said.
Gelsinger visited theCUBE, SiliconANGLE’s mobile livestreaming studio, and spoke with co-hosts John Furrier (@furrier) and Dave Vellante (@dvellante) during VMworld 2017 in Las Vegas, California. They discussed VMware’s multicloud bet, the impact of automation on edge computing and the coming 5G network.