Joe Tucci leaves EMC after 11 years of board

Joe Tucci, the CEO of EMC, the boss of the world's largest manufacturing company of data warehouses holding this position within nearly 10 years confirmed the intention to leave the organization at the end of the next year.

He said in an interview of Wall Street Journal that at the end of 2012 he will become the chairman of the board of directors of the company, but only for two years – so far the position of the CEO will not be held by the new head.

Tucci noted that he will continue to execute some duties of the executive chairman, but without the right bases, as as he told, "nothing obliges me and can mislead". It will resolve such issues as the help in sales, determination is more whole than the company and will give weight to solutions of the successor.

Set of hints on changes in the highest echelons of executive power of EMC sounded and earlier. Among applicants for a role of the CEO the companies appear: the head of products of information infrastructure Pat Gelsinger, the chief financial officer David Goulden, the chief operating officer of the cloud direction Howard Elias, it is probable - the president of VCE Frank Hauck, and, perhaps, the boss of VMware Paul Maritz.

The period of government of the greatest CEOs in the world of servers/storage systems comes to the end, and the foundation for it was laid by Leo Apotheker. The CEO of Cisco John Chambers probably also completes the career and stay in the company, and IBM expects Palmisano's successor (Samuel J. Palmisano).

Some insiders in EMC consider that the race behind a position of the CEO is complete, and Gelsinger - the successor. In any case, EMC have enough the senior heads who could undertake this work. Foreign media, sneering, write that in EMC it is probable, could send one more top manager for the aid to HP. Leo Apotheker already worked in the company, and his protege David Donatelli is accountable to Meg Whitman now.

As earlier TAdviser reported, EMC expects to complete 2011 having reached the level of net income in the amount of $2.4 billion from GAAP and the consolidated net income in the amount of $3.25 billion not on GAAP (without the cost accounting on restructuring and acquisitions and also payments in the form of actions and intangible asset deprication that will make about $100, $600 and $200 million respectively).