09.02.09
Managed Objects CEO Leaves Novell
Summary: Siki Giunta, Novell’s Vice President of Strategic Business, is leaving Novell less than a year after joining
NOVELL AND MICROSOFT have a thing in common. When they acquire a company, it tends to be destroyed sooner or later. Recent examples from Microsoft are FASA Interactive, Tellme and aQuantive/Razorfish [1, 2, 3, 4, 5, 6]. For Novell, one recent example would be PlateSpin. There was reportedly an exodus at the top.
There is another new example from Novell. Well, strangely enough, Novell bought Managed Objects last year [1, 2] and this new departure of Managed Objects’ CEO indicates that it’s not working out, just as some people expected.
Giunta was previously president and CEO of Managed Objects, a business service management software provider that was acquired by Novell in November of 2008. During her nearly 10 years at Managed Objects, Giunta led the company’s growth from a pre-revenue startup to a global company with more than 300 enterprise customers. Following the acquisition, Giunta held a leadership role within Novell to define partnerships, mergers and acquisitions and corporate strategy.
After a very long time at Managed Objects she apparently didn’t want to stay at Novell. This is further confirmed by her LinkedIn profile:
Experience
President & CEO
Fortisphere
Privately Held; Computer Software industry
July 2009 – Present ( 3 months)VP, Strategic Business
Novell
Public Company; NOVL; Computer Software industry
November 2008 – July 2009 ( 9 months)Pres & CEO
Managed Objects
Privately Held; Computer Software industry
October 1999 – November 2008 (9 years 2 months)
It does not say whether Giunta quit Novell, but it sure seems like the most probable cause as Novell is unlikely to fire a Vice President. █
