Michael Dodson has been named Quantum Corp.’s new chief financial officer and interim CEO.
Dodson replaces both Fuad Ahmal, who was the former CFO, and former CEO Patrick Dennis.
“I wish to thank Patrick and Fuad for their service and welcome Michael to Quantum,” Chairman Raghu Rau said. “Michael brings a solid foundation in accounting, financial reporting and internal control procedures, and has had a very successful track record as the CFO of several public technology companies. We believe he possesses the right skill sets to significantly improve Quantum’s financial performance for the benefit of all shareholders.”
Dodson brings a broad range of expertise to Quantum, including strong accounting credentials, a proven record of improving profitability and cash generation and deep experience with capital markets.
Dodson is a veteran accountant whom Quantum officials say has a record of improving profitability and cash generation, especially within capital markets. He began his career with Ernst and Young’s San Jose, California office, where he served a number of tech companies. He has since served as CFO for Mattson Technology and four other companies.
Officials say Dodson will focus on the ongoing business transformation of Quantum Corp. while driving cost solutions to maintain optimum profitability.
The board is continuing to seek a candidate to be the permanent CEO of the San Jose-based company that provides scale-out tiered storage, archive and data protection to more than 100,000 customers.
